Progress on Sovereign Wealth Fund Transparency and Accountability: An Updated SWF Scoreboard

by Allie E. Bagnall, Peterson Institute for International Economics
and Edwin M. Truman, Peterson Institute for International Economics

August 2013

Economists and the financial world have grown increasingly excited about or alarmed by the growing influence of sovereign wealth funds (SWFs), though in recent years the public debate about their role has subsided. Politicians in countries in which the funds invested have generally welcomed the additional financial resources from abroad while expressing concern about the motivations of investors and possible threats to political, economic, and financial security. Countries in which the funds were based have wanted to know more about how their national wealth is invested. Responding to these concerns, authorities and managers responsible for SWFs in many countries have taken steps to demystify the funds. This update on the transparency and accountability of SWFs, based on the SWF scoreboard first developed by Truman in 2007, finds that many of the funds have made substantial progress in providing more information about and accountability for their activities, but that the progress has not been uniform and more is needed.

View full document [pdf]


Op-ed: A Dose of Reality for the Dismal Science April 19, 2013

Op-ed: Five Myths about the Euro Crisis September 7, 2012

Policy Brief 12-18: The Coming Resolution of the European Crisis: An Update June 2012

Book: Resolving the European Debt Crisis March 2012

Policy Brief 12-20: Why a Breakup of the Euro Area Must Be Avoided: Lessons from Previous Breakups August 2012

Testimony: The Euro Area Crisis: Origin, Current Status, and European and US Responses October 27, 2011

Policy Brief 11-15: Sustainability of Greek Public Debt October 2011

Policy Brief 10-27: How Europe Can Muddle Through Its Crisis December 2010

Testimony: A New Regime for Regulating Large, Complex Financial Institutions December 7, 2011

Book: Sovereign Wealth Funds: Threat or Salvation? September 2010

Article: The Dollar and the Deficits: How Washington Can Prevent the Next Crisis November 2009

Policy Brief 09-13: A Solution for Europe's Banking Problem June 2009

Speech: Global Financial Surveillance and the Quest for Financial Stability June 15, 2009

Policy Brief 10-22: Not All Financial Regulation Is Global September 2010

Speech: Addressing the Current Financial Crisis October 7, 2008

Testimony: The Rise of Sovereign Wealth Funds: Impacts on US Foreign Policy and Economic Interests May 21, 2008

Policy Brief 08-3: A Blueprint for Sovereign Wealth Fund Best Practices April 2008

Paper: The Subprime and Credit Crisis April 3, 2008

Op-ed: A Proposal to Improve Regulatory Liquidity May 21, 2008

Book: Reforming the IMF for the 21st Century April 2006

© 2015 Peter G. Peterson Institute for International Economics. 1750 Massachusetts Avenue, NW.
Washington, DC 20036. Tel: 202-328-9000 Fax: 202-659-3225 / 202-328-5432
Site development and hosting by Digital Division