Nation-States as Investors in a Globalized World Cover Image

Nation-States as Investors in a Globalized World
Nation-States as Investors in a Globalized World

Author(s): Martina Jiránková
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: sovereign wealth funds; external imbalance; regulation; national security

Summary/Abstract: The article deals with problems of an inception and existence of sovereign wealth funds in a present world, with their size, types and goals. These funds do not present an economic problem, but they invoke fears concerning a national security and a state sovereignty in case of their entrance into the sensitive industries as a defence industry, energy, an infrastructure etc. in host countries. So there is an effort to establish an international regime of this fund performance which would increase especially their transparency and accountability. Except from it there is discussed the existence of these fund as one form of an external imbalance manifestation and also the manifestation of a changing hegemony in today’s world from developed countries in favour of Asiatic states.

  • Issue Year: 60/2012
  • Issue No: 08
  • Page Range: 854-870
  • Page Count: 17
  • Language: English