State, money and rules: An EU policy for sovereign investments

State, money and rules: An EU policy for sovereign investments

Essay
Simon Tilford , Katinka Barysch, Philip Whyte
01 December 2008

The debate about sovereign wealth funds will return as global growth and commodity prices recover. European governments have been right to reject new EU rules on SWFs, and instead support multilateral efforts to set voluntary standards. But the risk of investment protectionism is not banished, as this essay argues.

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