posted by devonwhittle on Aug 17, 2007
Scared of Future Funds
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Dani Rodrik has a good post on the role of “sovereign wealth funds” and foreign governments investing in other countries domestic companies. In brief, there’s nothing to be frightened of, in fact the Danish (?) experience was quite positive - the government had ethical standards for it’s investments. Might be a good idea for Australia’s Future Fund.
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