Summary of General Discussion on "The Gulf Corporation Council Sovereign Wealth Funds: Are They Instruments for Economic Diversification or Political Tools?".

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    • Subject Terms:
      EUROPE; UNITED States
    • Abstract:
      The article summarizes the general discussion on the paper "The Gulf Corporation Council Sovereign Wealth Funds: Are They Instruments for Economic Diversification or Political Tools?," by Farouk El-Kharouf, Sulayman Al-Qudsi and Shifa Obeid. It notes that the widespread uncertainties and even fear of sovereign wealth funds (SFWs) in Europe and the U.S. have been noticed by economic professor Fredrik Sjöholm. It cites the reason why economist Iris Claus thought that tax reasons may contribute to the controversy surrounding SFWs.