sustainable foreign exchange surpluses. To date, Poland has been the investment target of many external SWFs. In the future, if … corruption). The limitations can be inferred from the record of state-managed investment vehicles during the past 20 years of …

currency reserves, which are to be managed in a long-term and productive fashion. SWFs, besides prioritizing investment …

actively solicit socially responsible investment by foreign SWFs …

of countries exhibiting sustainable foreign exchange surpluses. Owing to government engagement in their investment …