Title | A Simple Typology of Sovereign Development Funds |
Publication Type | Journal Article |
Year of Publication | 2016 |
Authors | Dixon, AD, Monk, AHB |
Journal | The Frontiers of Sovereign Investment (Columbia University Press) |
Date Published | 07/2016 |
Keywords | development, economic development, investment, sovereign development funds, sovereign wealth funds |
Abstract | In this paper we unpack the possibilities and constraints facing sovereign development funds. Our focus and logic is primarily conceptual and deductive rather than directly empirical and inductive. We consider how and in what ways sovereign wealth can be employed for the purpose of economic development. We present two types of sovereign development fund, considering various constraints in their establishment in relation to political authority, financial capability, and development-related investment opportunities. |