Grigoryan, Artur: On the political economy of sovereign wealth fundsDie politische Ökonomie der Staatsfonds. 2016
Inhalt
- Contents
- List of Figures
- List of Tables
- List of Acronyms
- 1 Introduction
- 1.1 SWFs and the Global Financial System
- 1.2 Political and Strategic Concerns Raised by SWFs
- 1.3 Co-Investment Alliances and SWFs' Investments in Infrastructure
- 2 The Ruling Bargain: Sovereign Wealth Funds in Elite-Dominated Societies
- 3 Delegation in Sovereign Wealth Funds
- 3.1 Introduction
- 3.2 The Model
- 3.3 Politician as the Manager of the SWF
- 3.4 External Manager in the SWF
- 3.5 Delegation of the Decision-Making Power to an External Manager
- 3.6 Conclusion
- 4 Sovereign Wealth Funds and Infrastructure Investment
- 4.1 Introduction
- 4.2 Infrastructure Investments and SWFs
- 4.3 Co-Investment of SWFs and the Hold-Up Problem
- 4.4 How to Foster Co-Investment among SWFs?
- 4.5 Conclusion
- 5 Conclusions
- Appendix A
- A.1 Generally Accepted Principles and Practices (GAPP) – Santiago Principles
- A.2 Truman's Scoreboard for SWFs
- A.3 Linaburg-Maduell Transparency Index
- Appendix B
- Appendix C
- Appendix D
- D.1 Types of Infrastructure Investment
- D.2 Infrastructure Financing Instruments
- D.3 The Game of Figure 4.2 with Perfect Information
- D.4 The Game of Figure 4.2 with Imperfect Information
- References