A U.S. Sovereign Wealth Fund: Investment, Innovation, and Global Strategy
Description
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The prospect of a U.S. sovereign wealth fund—most recently proposed by President Trump—has sparked renewed debate about America’s economic strategy at home and abroad. While sovereign wealth funds traditionally manage national surpluses for long-term strategic investment, the U.S. has never adopted one, despite the fact that the number of sovereign wealth funds globally has tripled since 2000. What is behind this global growth? What are the advantages and disadvantages to the U.S. of pursuing this strategy? Could it reorient foreign direct investment flows, enhance national economic security, or help maintain America’s competitive edge in key industries like technology? How might such a fund be financed in the absence of large budget surpluses?
Join us to discuss these questions and more with Dr. Sarah Sewall, In-Q-Tel’s Executive Vice President for Policy; Courtney Fingar, Journalist, Commentator, and Consultant focused on foreign direct investment; and Edwin M. Truman, Senior Fellow at Mossavar-Rahmani Center for Business and Government at Harvard’s Kennedy School. This conversation will outline the architecture, economics, and global ripple effects of a U.S. sovereign wealth fund.
Music by Sergii Pavkin from Pixabay