Sovereign Wealth Funds - Essay Example

Only on StudentShare

Extract of sample
Sovereign Wealth Funds

This process has resulted in a well recognized trend in monetary trade, foreign currency policy, and new international finance strategies. But, much debate subsists on the legitimacy of these policies and their ethical parameters. There are considerable economic and social issues associated to fairness of competition and possible political non-commercial hidden agenda, which come to the surface seriously. Various institutions are starting to feel greatly concerned by the issue of SWFs especially because these investments are taking considerable proportions.
While many countries are facing important turnabouts and recession in their economy others are continuously sustaining their considerable economic rise. ...
Download paper

Summary

Sovereign Wealth Fund or SWFs is a well known and not so recent international financial strategy which involves the investment of national foreign currency reserve on foreign markets with little or no regard to where the currency originates. The IMF's October 2007 Global Financial Stability Report states that there are five major types of SWFs namely; the stabilization funds, savings funds for future generations, reserve investment corporations, development funds and contingent pension reserve funds, where each serve a distinctive and well defined purpose…
Author : mitchelltalia

Related Essays

Mutual Funds
8 pages (2008 words) Essay
Multinational company from UK enters the Russian market
10 pages (2510 words) Case Study
Chinas investment in Blackstone
5 pages (1255 words) Essay
economic essay on Inernational monetary fund report
8 pages (2008 words) Essay
Sovereign wealth funds. International Finance
8 pages (2008 words) Essay
How do the wars in Iraq and Afghanistan affect the U.S. economy, politics and way of thinking?
4 pages (1004 words) Essay
Global political economy
3 pages (753 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!