Comments on: Frontier sovereign wealth funds http://blogs.reuters.com/macroscope/2009/09/14/frontier-sovereign-wealth-funds/ Shining a light on the dismal science Tue, 21 May 2013 22:57:47 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: ole turana http://blogs.reuters.com/macroscope/2009/09/14/frontier-sovereign-wealth-funds/comment-page-1/#comment-1060 ole turana Tue, 15 Sep 2009 14:00:15 +0000 http://blogs.reuters.com/macroscope/?p=2096#comment-1060 Given the skewed presence of natural resources in Africa, the build up of SWF will largely be seen in countries endowed with natural resources such as oil, diamond, copper and gold. Given the political fluidity of Afrian states I'm not sure how the SWF will be ringfenced from the itchy fingers of these leaders.What will stop them fro dipping thier hands in the till, just like they do on central government coffers? Given the skewed presence of natural resources in Africa, the build up of SWF will largely be seen in countries endowed with natural resources such as oil, diamond, copper and gold. Given the political fluidity of Afrian states I’m not sure how the SWF will be ringfenced from the itchy fingers of these leaders.What will stop them fro dipping thier hands in the till, just like they do on central government coffers?

]]> By: eternal http://blogs.reuters.com/macroscope/2009/09/14/frontier-sovereign-wealth-funds/comment-page-1/#comment-1050 eternal Tue, 15 Sep 2009 04:31:42 +0000 http://blogs.reuters.com/macroscope/?p=2096#comment-1050 The point is, till all international trade is dollar denominated, all countries will bear the vissicitudes of currencly fluctuations. At one time it was the British Pound, then the US $, and now the time has come for the world to mve away from the US $ into a more representative basket of currencies, which will include some from Asia as well. This way all Asian and African countries can be truly economically independent. Msg from India. The point is, till all international trade is dollar denominated, all countries will bear the vissicitudes of currencly fluctuations. At one time it was the British Pound, then the US $, and now the time has come for the world to mve away from the US $ into a more representative basket of currencies, which will include some from Asia as well. This way all Asian and African countries can be truly economically independent. Msg from India.

]]> By: Aly-Khan Satchu http://blogs.reuters.com/macroscope/2009/09/14/frontier-sovereign-wealth-funds/comment-page-1/#comment-1046 Aly-Khan Satchu Mon, 14 Sep 2009 10:51:30 +0000 http://blogs.reuters.com/macroscope/?p=2096#comment-1046 I think the point about Africa is well made. The Demand side of the Equation is no longer egregious and inflected with the surge in China [and India] trade with Africa. From a standing start we have crossed $100b. This means a degree of competition for our Resources and Investors might care to extrapolate how deep the V would have been without Chindia. Aly-Khan Satchu www.rich.co.ke Twitter alykhansatchu I think the point about Africa is well made. The Demand side of the Equation is no longer egregious and inflected with the surge in China [and India] trade with Africa. From a standing start we have crossed $100b. This means a degree of competition for our Resources and Investors might care to extrapolate how deep the V would have been without Chindia.

Aly-Khan Satchu
http://www.rich.co.ke
Twitter alykhansatchu

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