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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
Emergence of State Capitalism
September 8, 2008 12:00 am (EST)
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- Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions.
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After years of celebrating the triumph of market capitalism, many of its advocates today are troubled by the emergence of 'state capitalism', particularly in the form of sovereign wealth funds. How should liberal capitalism respond when autocracy is the highest bidder? Is autocratic ownership dangerous to economic robustness?
Wolf: The Brave New World of State Capitalism
Summers: Funds That Shake Capitalist Logic
Ferguson: An Ottoman Warning for Indebted America
Drezner: The Emergent Regime for Sovereign Wealth Funds
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