| The US sub-prime Crisis was burnt out in 2007 and incurred the turmoil in the global financial market. International financial institutions must face the severe shortage of liquidity and capital. The sovereign wealth fund (SWF), from many different countries, injected capital into investment banks and commercial banks. Governments and public paid attention to SWF, which already fifty years old.The research is an interdisciplinary studies, including economics, finance, international politics, and so on. Also, the research implements several research methods, such as data analyze, comparable analyze, in order to solve the practical problems. This essay started from the history and current situation about SWF, analyzing the root of the development of SWF by data from Central Banks and international finance institutions, such as IMF, World Bank. Considering Chinese sovereign wealth fund is quite young, with less experience, this essay summarized success of the same institutions in Singapore and Norway, including their management structure, investment strategy, risk management, and so on. Finally, this essay provides several measures to stimulate Chinese sovereign wealth fund development. |
PDF Full Text Request