1. Implementation of the Santiago Principles for Sovereign Wealth Funds: A Progress Report
- Author:
- Edwin M. Truman
- Publication Date:
- 12-2013
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics
- Abstract:
- At the annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF) held in Oslo, Norway on October 2-3, 2013, the forum reviewed and subsequently released its second report on members' experiences in the application of the Santiago Principles for sovereign wealth funds (SWFs). The Santiago Principles were adopted by a group of countries with such funds in September 2008 in response to concerns about threats to political, economic, and financial security in countries receiving SWF investments. The objective was to promote the transparency and accountability of SWFs for the countries of origin as well as the countries in which the funds were investing.
- Topic:
- Economics, International Trade and Finance, and Sovereign Wealth Funds
- Political Geography:
- Norway, Latin America, and Santiago