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Publication Date: March 2008
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Daniella Markheim
Research Area: Banking and finance; Government
Keywords: Trade and foreign aid; Sovereign wealth funds; foreign direct investment; sovereign portfolio investment
Type: Speech
Coverage: United States
Abstract:
Sovereign wealth funds are coming under growing scrutiny due to concerns about the investment strategies underlying these funds and the fear that these funds could be manipulated to disrupt the U.S. economy or expropriate sensitive technologies. Properly monitored and regulated, sovereign wealth funds are not a threat to America's national and economic security.