Question

With reference to international political economy, can you identify the following concepts and terms, or provide the required answer: sovereign wealth fund

a. A financial institution established by a government to manage its reserves and investments, often derived from commodity exports or foreign exchange reserves.
b. A global alliance promoting environmental sustainability.
c. A non-profit organization focused on humanitarian aid and disaster relief.
d. A regional trade agreement facilitating economic cooperation.

Answer 1

A sovereign wealth fund is a financial institution established by a government to manage its reserves and investments.

Step-by-step explanation:

A sovereign wealth fund is a financial institution established by a government to manage its reserves and investments, often derived from commodity exports or foreign exchange reserves.

It is not a global alliance promoting environmental sustainability (option b), a non-profit organization focused on humanitarian aid and disaster relief (option c), or a regional trade agreement facilitating economic cooperation (option d).