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Sovereign Wealth Funds and Long-Term Development Finance: Risks and Opportunities

Feb 28, 2014 | A. Gelb, S. Tordo, H. Halland et al. | The World Bank
This paper proposes some basic elements of a conceptual framework to create a system of checks and balances to help ensure that the sovereign wealth funds do not undermine macroeconomic management or become a vehicle for politically driven “investments.”