Читать книгу The Hunt for Unicorns - Winston Ma - Страница 19

This chapter surveys the universe of sovereign investors and analyzes the origin of different Sovereign Investment Funds (SIFs) from a comparative political economy perspective. It reveals how sovereign investors perform a wide-ranging set of functions, which are not mutually exclusive – in fact most funds, today, perform more than one of the functions outlined in this chapter. It also introduces their little-known enormous capital power for global investments, highlighting that role in times of pandemic, financial crisis, and conflict as well as their global leadership in environmental, social, and governance (ESG) and sustainable development goals (SDG). Finally, it will focus on the factors behind the current rise in states' participation in high-tech markets – domestic as well as overseas.