Sovereign Wealth Funds, Privateering, and Political Pushback

• In Event: Securitizing Economics - Globalization in an Era of Mistrust

Brief Overview

I argue that states are investing in domestic corporations through SWFs to bypass “security” concerns by host states, much like early-modern privateers, since this vehicle provides states with plausible deniability to avoid political pushback.

Author

• Alberto Felix Beltran, Purdue University