Published 2013
“…This thesis argues that Sovereign Wealth Funds based in small emerging market economies necessarily fulfil a double-sided coping function in today's globalised economy: a coping function because the task of promoting the home country's economic growth through closer integration into the global division of labour can only be fulfilled successfully if the manifold pressures emanating from the global market place are suitably absorbed and managed by the SWFS; a double-sided coping function because SWFs need to negotiate not only the pressures caused by the instability of the
global economic space but also the pressures associated with the highly unequal structure of that space. …”
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Thesis