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Record W2742583219

SOVEREIGN WEALTH FUNDS IN A GLOBALIZED WORLD

2012· article· en· W2742583219 on OpenAlexvenueno aff
John R. Patton

Bibliographic record

VenueInternational Business Research · 2012
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicState Capitalism and Financial Governance
Canadian institutionsnot available
Fundersnot available
KeywordsSovereign wealth fundProtectionismGlobal assets under managementBusinessForeign direct investmentEquity (law)Government (linguistics)Financial systemFinancial marketFinanceEconomicsInternational economicsInstitutional investorInternational tradeCorporate governance
DOInot available

Abstract

fetched live from OpenAlex

Government-owned investment funds are rapidly growing in numbers in every region of the world. With about $4 trillion in assets, these sovereign wealth funds (SWFs) represent an important source of capital. These funds originate in countries rich with natural resources or with favorable international balance of trade in non-commodity goods and services. SWFs are increasingly turning away from passive, foreign investments in government bonds; rather they are now active investors in riskier equity markets. This paper addresses some of the major issues posed by SWFs as they carry-out their cross-border investments. Specifically, how these funds can be managed and regulated in order to preserve open markets and avoid protectionist measures on the part of recipients of this inward foreign direct investment (FDI). This shift in financial power from private to public actors, many from emerging economies, raises several issues addressed in this paper about the conduct of international business.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.002
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.006
Threshold uncertainty score0.019

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.002
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.002
Science and technology studies0.0010.002
Scholarly communication0.0050.004
Open science0.0000.002
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0060.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.072
GPT teacher head0.351
Teacher spread0.279 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2012
Admission routes1
Has abstractyes

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