Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/137735
Title: SOVEREIGN WEALTH FUNDS AND CORRUPTION IN THEIR HOME STATES
Authors: SIM YANG JUN BERNARD
Keywords: Sovereign Wealth Fund, Corruption, State, SWF, Domestic, Institution
Issue Date: 14-Aug-2017
Source: SIM YANG JUN BERNARD (2017-08-14). SOVEREIGN WEALTH FUNDS AND CORRUPTION IN THEIR HOME STATES. ScholarBank@NUS Repository.
Abstract: The proliferation of Sovereign Wealth Funds (SWFs) has attracted a great deal of attention over their investment motivations and perceived lack of transparency of their operations. Some scholars argue that the funds could be legitimately disguised as supporting domestic development when in reality it is used to deepen the pockets of the political leaders. This thesis, however, challenges the notion that SWFs breed corruption and makes the further step to propose that SWFs might be the very instrument for developing states looking to curb corruption. By taking away the direct control of excess funds from the hands of the politicians and putting them into the hands of professional funds managers, not only does this ensure that the funds are profit-maximizing to the long-run benefit of the citizens, it also reduces the political temptation for politicians to use the parliamentary budgetary process to channel the funds to projects for personal gains.
URI: http://scholarbank.nus.edu.sg/handle/10635/137735
Appears in Collections:Master's Theses (Open)

Show full item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
SimYJB.pdf1.63 MBAdobe PDF

OPEN

NoneView/Download

Page view(s)

17
checked on Jan 14, 2018

Download(s)

47
checked on Jan 14, 2018

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.