The dilemma of sovereign wealth funds in sub-Saharan Africa

Should countries invest resource revenues abroad when demands for public infrastructure are pressing at home?

In this article published in the Journal of African Economies, ACET’s Director of Research, Joe Amoako-Tuffour, argues that capital-constrained resource-rich economies should realise savings by not only investing in external financial assets but should also consider investing in innovative forms of domestic infrastructure investment, such as umbrella sovereign wealth funds.
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