Details

Autor(en) / Beteiligte

• Sanjay Peters
• Malan Rietveld
• Perrine Toledano

Titel

Sovereign Wealth Funds and Long-Term Investments in Infrastructure: WHY THE GLARING ABSENCE?

Ist Teil von

• The New Frontiers of Sovereign Investment, 2017, p.202

Ort / Verlag

Columbia University Press

Erscheinungsjahr

2017

Link zum Volltext

Quelle

Alma/SFX Local Collection

Beschreibungen/Notizen

• In recent years, a troubling imbalance has bedeviled economists. A seeming global savings glut has ballooned, generated largely by sovereign wealth funds (SWFs) from emerging-market regions in Asia and the Middle East that export manufactured goods or commodities. At the same time, there has been a massive rise in the need for infrastructure investment, particularly in developing countries. Yet, the savings are not flowing to the investments where they are needed. Sovereign wealth funds managed $7.1 trillion in 2014, an amount that has more than doubled since 2007 (Sovereign Wealth Fund Institute 2015). Meanwhile, it is estimated that sustaining global