The Oxford Handbook of Sovereign Wealth Funds
Sovereign wealth funds (SWFs) represent both an increasingly important—and potentially dominant—category of alternative investor, and a novel form for governments to project their interests both at home and abroad. As such, they represent both economic actors and embody power vested in the financial and diplomatic resources they can leverage. Although at times they have acted in concert with other alternative investors, their intergenerational savings function should, in theory at least, promote more long-termist thinking. However, they may be impelled toward greater short termism in response to popular pressures, demands from predatory elites and/or unforeseen external shocks. Of all the categories of alternative investment, SWFs perhaps embody the most contradictory pressures, making for diverse and complex outcomes. The aim of this volume is to consolidate the present state of the art, and advance the field through new applied, conceptual and theoretical insights. The volume is ordered into chapters that explore thematic issues and country studies, although all contributions represent fresh work, incorporating novel insights into the most recent developments in the SWF ecosystem.
Authors
Douglas Cumming
Geoffrey Wood
Igor Filatotchev
Juliane Reinecke
Ruth Aguilera
Kevin Amess
Gawdat Bahgat
Christopher Balding
Marijana Baric
Sophie Béreau
Fabio Bertoni
Peter Bruce-Clark
Javier Capapé
Kevin Chastagner
Gordon L. Clark
Adam D. Dixon
Veljko Fotak
Jędrzej George Frynas
Xuechen Gao
Salar Ghahramani
Jean-Yves Gnabo
Daniel Haberly
Malik Kerkour
April Knill
Kathryn C. Lavelle
Jing Li
Stefano Lugo
Nathan Mauck
