56 countries. Participants were asked how risky is it to give or receive a bribe, where 1 = no risk at all, and 10 = very … high risk. Countries were then ranked. The countries where the rank was lowest were Peru (1), Ukraine (2), Chile (3 …), Andorra (4) and New Zealand/Venezuela (tie for 5th place). The countries with the highest risk were Ethiopia (56), Jordan (55 …

national stock markets. To the extent that there is not perfect risk sharing, investors tend to hold currency risk and … international equity risk as a bundle. This paper examines the impact of such cross-country covariance risk on the behavior of … coefficient on the interest differential depending on a type of time-varying beta risk, which in turn depends on the conditional …

"opportunistic" in their pursuit of investment goals. In this paper, Robert Maynard, Chief Investment Officer for the Public Employee … traditional investment plans. He advocates policies that are simple, transparent, and focused rather than adopting increasingly … popular "alternative" tactics such as illiquid instruments and vehicles, leverage, and complex, opaque investment strategies …

This chapter encapsulates the most recent findings on sovereign wealth fund (SWF) investment activity globally. The key …, SWF allocation strategies, their recent investment behavior and its likely evolution in the foreseeable future …