Price: Free
Report Format: PDF
Date Published: April 16, 2008
Publisher:
Sovereign wealth fund (SWF) money is meant to be spent. Some countries may want to spend it today, while others have the luxury of saving it for future generations. In this report, Morgan Stanley proposes some key considerations to keep in mind when thinking about this issue, as spending SWF or reserve money on domestic projects has implications for inflation, the exchange rate and potential growth.