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Sovereign Wealth Funds Briefing - Categorized | Market, Trends

China shows way ahead

Posted on 27 January 2011

From Atimes.com: One set of policies would be to establish stabilization and sovereign wealth funds with the windfall profits from commodities exports to China and beyond. Chile’s stabilization fund allows the government to have funds on hand to stabilize the economy when copper prices are volatile.
Such a fund enabled Chile to have the largest stimulus package to respond to the financial crisis in Latin America. Peru has set up a sovereign wealth fund from copper and silver exports - a fund that could be used for public investment……………………………………….Full Article: Source


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