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Diversification in Gulf hydrocarbon economies and interactions with energy subsidy reform: lessons from Kuwait
Published 2019“…Using illustrations from Kuwait, this argument is tested with simulations using an economy-wide general equilibrium model that embodies key features of the Kuwaiti economy—including subsidies, sovereign wealth funds, industrial oligopolistic structure with collusive pricing, and a labour market that depends heavily on a segregated expatriate labour force. …”
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162
Finance’s Social License? Sugar, Farmland and Health
Published 2021-12-01“…As finance actors such as asset management firms, pension funds, private equity funds, state owned enterprises and sovereign wealth funds engage in speculative farmland investment, commodity futures trading, and the conversion of farmland into a financial asset, power within agro-industrial food supply chains becomes increasingly concentrated. …”
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163
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164
Can we Finance the Energy Transition?
Published 2015-05-01“…Long term institutional capital (such as pension funds and sovereign wealth funds) are an important growth area for energy funding. …”
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165
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167
Placing the production of investment returns: an economic geography of asset management in public pension plans
Published 2017“…<p>Traditionally, asset owners such as pension funds and sovereign wealth funds have relied almost exclusively on financial intermediaries to invest their assets. …”
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Quantifying Dutch disease effects and asymmetry in economic responses to oil price volatility in Kuwait
Published 2020“…The potential asymmetry is mitigated by idiosyncratic adjustment mechanisms, namely the sovereign wealth funds (SWFs) and expatriate labour movement, especially when oligopolies are regulated. …”
Working paper