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Back to government ownership: The Sovereign Wealth Funds phenomenon

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  • Grira, Jocelyn

Abstract

In this paper, we discuss the sovereign wealth fund (SWF) phenomenon from a government ownership point of view. We emphasize on the contrast between the soft budget constraint view and the political view, and attempt to bridge the gap in the SWF literature in this regard. We also present the current regulatory challenges and contribute to the on-going debate related to SWFs’ investment motives. We conclude by shedding some light on future research avenues.

Suggested Citation

  • Grira, Jocelyn, 2020. "Back to government ownership: The Sovereign Wealth Funds phenomenon," Finance Research Letters, Elsevier, vol. 34(C).
    • Handle: RePEc:eee:finlet:v:34:y:2020:i:c:s1544612319302156
    DOI: 10.1016/j.frl.2019.07.018
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    4. Balestra, Anna & Caruso, Raul & Di Domizio, Marco, 2024. "What explains the size of Sovereign Wealth Funds? A panel analysis (2008–2018)," Finance Research Letters, Elsevier, vol. 62(PB).

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