He notes that: "Since the millennium at least 10 new SWFs have been set up." "This reflects the remarkable shift of emerging-market economies from debtors to creditors". In part this reflects persuasive reasons for exporters of oil and other non renewable resources "to spread the benefits of this endowment across generations" but in other countries it reflects "a deliberate policy of fostering export industrial growth" and building up foreign exchange reserves.
Published on 14 March 2008
// News // Minutes
Minutes of the Wholesale Distribution Steering...
Minutes of the Wholesale Distribution Steering Group - September 2019
// News // News release