Sovereign Development Funds’ (SDFs) dual mandate of pursuing financial or commercial objectives alongside long-term strategic and developments goals presents several challenges. First, SDFs must identify why [...]

Ask most finance experts about the “world’s largest financial institutions,” and you’ll hear names like Citigroup, ICBC (China’s largest bank) and HSBC. However, governments top the list of large financial institutions, with investment and insurance operations that dwarf those of any private enterpr...

On October 20, former Inter-American Development Bank Treasurer Søren Elbech visited the Golub Center for Finance and Policy for a lunchtime discussion with students and faculty. Drawing on his experience in capital markets...

by Khalid Alsweilem, Mark Kritzman, and Malan Rietveld | Sovereign Wealth Funds

Given infrastructure’s integral role in enabling high-functioning economies around the world and the concern that the pace of investment is not keeping up with the need for it, I have recently begun to focus my research on the consequences of different approaches to...

A heated debate is raging in Congress over whether to reauthorize the Export-Import Bank. The Ex-Im Bank, as it is commonly known, is an independent federal agency charged with providing credit assistance for U.S. exporters. Beneficiaries include large corporations (in 2012, over 80% of the guarante...

Visiting Scholar Xun Wu, a PhD student at Tsinghua University, is in residence at the CFP for the 2014-15 academic year to pursue his dissertation research on “Chinese Local Government Indebtedness: Systemic Risk and Financial Cost.”

Former Golub Senior Fellow, Laura Kodres, discusses the similarities between what happened with British pension funds in autumn 2022 and SVB.

On July 11, Scott Bell, senior accountant at the US Department of the Treasury, visited the Center to provide an overview of the financial report of the U.S. government. Mr. Bell gave [...]

Housing finance policy has been built during and for times of crisis. Just look at the long list of government actions related to the financing of housing [...]