3 ms·
This inflation argument sounds right to me. Can you point to an article which talks more about how SWFs balance their in-country out-country investment?
by awinter-py 10y ago
This inflation argument sounds right to me.
Can you point to an article which talks more about how SWFs balance their in-country out-country investment?
- slv77 10y agoSearch for the term Dutch disease and you'll turn up a lot of papers on the topic.
- vidarh 10y agoI don't have any handy articles, I'm afraid. The Norwegian fund that generally gets discussed only invests out of country. There is another fund that invests in Norway (as well as a number of government development banks), but it is much smaller. There are more details about both the global and domestic funds here [1], which does contain some bits on how it splits its investments and has a decent number of references. [1] https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Norway https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...