Asia & the Pacific

3 Items

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Journal Article - Middle East Institute

Sovereign Wealth Funds in Small Open Economies

| Apr. 24, 2018

The small open economies of the Gulf and Southeast Asia are pioneers in the establishment of

Sovereign Wealth Funds (SWFs). The SWFs of countries like Qatar and Singapore are among the

world’s largest in terms of total asset size relative to Gross Domestic Product. This article looks

at the different compulsions behind the setting up of SWFs by small open economies.

 

ONGC Oil and Gas Processing Platform. Bombay High, South Field. Undersea pipelines carry oil and gas to Uran, near Mumbai, some 120 NM away.

Creative Commons

Discussion Paper - Belfer Center for Science and International Affairs, Harvard Kennedy School

Oil & State Capitalism: Government-Firm Coopetition in China and India

| October 2015

This paper examines the domestic sources of the internationalization of national oil companies (NOCs) in China and India. It argues that—counter to notions of state-led internationalization—the going abroad of NOCs reflects a pattern of “coopetition,” i.e., the co-existence of cooperation and conflict between increasingly entrepreneurial NOCs and partially supportive and interventionist home governments.