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The massive size, rapid growth, and high-profile investments of Sovereign Wealth Funds (SWFs) in the U.S. and elsewhere in 2007 has attracted the attention of the media, politicians, regulators, and academics over the past year. Some of the SWF investments have been viewed as market stabilizing,...
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-labor ratio about one-fifth the world average and one-tenth the U.S. level. The main questions that the authors address are … they require a large adjustment from the present 6 percent of GDP current account surplus. "--World Bank web site …
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these views for the future evolution of the U.S. economy and, in particular, its net foreign asset position. "--World Bank …
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