Sovereign wealth funds (SWFs) have grown rapidly in recent years in both value and number. Despite a great deal of popular debate, very little scholarly attention has centered on the ‘strategic use' of SWFs by states, i.e., as tools to promote national development. Using a ‘network mapping'...

Although sovereign wealth funds (SWFs) are invariably profit-seeking in orientation, a large proportion pursue a “double bottom line” wherein investments are simultaneously used to advance so-called “strategic” national developmental objectives. This paper seeks to dissect the potential...