Sovereign Wealth Funds (SWFs) are new actors in the current international monetary and financial system. The performance of SWFs represents the return of states' participation in the international financial system, which raises several questions about the true goals of these funds, mainly whether funds pursue profit or political-strategic goals. This article analyzes whether the absence of regulation of SWF investment can best be understood based on an international regimes perspective, or rather is driven by the relationship between the interests of specific states.
International Political Economy; Sovereign Wealth Funds; Deregulation; International Financial Regime