Saudi Arabia: Explaining one of the world's largest Sovereign Wealth Funds

Рет қаралды 31,510

4 жыл бұрын

Why does Saudi Arabia have a Sovereign Wealth Fund?
Why has the Public Investment Fund become so important to the Kingdom? What are the key challenges facing the Saudi economy?
An overview of Saudi Arabia’s Public Investment Fund.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Enjoyed the video?
Subscribe here: / @altsimplified
Follow AltSimplified on Social media:
Facebook: / altsimplified
Twitter: / altsimplified
Quora: www.quora.com/q/economicsalts...
Discord: discord.io/altsimplified
Other Discord Link: / discord
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
📕Recommended Reading:
Many have asked what we'd recommend to start reading, so check out the links below. They are affiliate links, but come at no extra cost to the viewer, you'd just be supporting the Channel if you used them.
📘"How Asia Works: Success and Failure": geni.us/HowAsiaWorks
📘"The Ascent of Money: A financial History of the world": geni.us/TheAscentOfMoney
📘"Debt: The First 5000 years": geni.us/DebtTheFirst500Years
🎙The mic we use to record: geni.us/MicWeUse
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
#SaudiArabia #SovereignWealthFund #SWF #PublicInvestmentFund #vision2030
References:
Karen E. Young (2020). Sovereign risk: Gulf sovereign wealth funds as engines of growth and political resource, British Journal of Middle Eastern studies. Volume 47.
Matthew Gray (2011). Towards a theory of late rentierism in the Arab states of the Gulf. Center for International and Regional Studies, Georgetown University School of Foreign Service, Qatar.
Stephan Roll (2019). A Sovereign Wealth Fund for the Prince. Economic Reforms and Power Consolidation in Saudi Arabia. German Institute for International and Security Affairs, Berlin.
Mark Thatcher (2013). National Policies Towards Sovereign Wealth Funds in Europe: A Comparison of France, Germany and Italy Policy Brief. Kuwait Programme on Development, Governance and Globalisation in the Gulf States. Mark Thatcher, Professor of Comparative and International Politics, Department of Government, London School of Economics, London.
Andrew England and Arash Massoudi, Never waste a crisis’: inside Saudi Arabia’s shopping spree (25 May, 2020), Financial Times, Retrieved from: www.ft.com/
Andrew England and Ahmed Al Omran, Saudi Arabia transfers $40bn to back wealth fund’s spending spree (29 May, 2020), Financial Times, Retrieved from: www.ft.com/
Public Investment Fund Program 2020 Commitments. (n.d.) Retrieved June 3, 2020, Retrieved from Vision 2030 Kingdom of Saudi Arabia website: vision2030.gov.sa/en/programs...

Пікірлер: 30

@AltSimplified 3 жыл бұрын

Thanks for watching! Don't forget to subscribe to see all our upcoming videos 👍 kzfaq.info/love/LiRGHCMGB14Pw0yEqLM2fQ

@tanjoy0205 2 жыл бұрын

Pls do one on Singapore’s sovereign wealth fund Temeask holdings !

@lkazlkaz9509 4 жыл бұрын

Very well produced and informative. Great vid!

@digitalbusinessmasters6484 4 жыл бұрын

A fantastic overview of Sovereign Wealth Funds.... thank you

@manthanpatel2944 3 жыл бұрын

In searching of what is sovereign wealth fund i came across your video and want to say that you made such a good video with explanation and information you provided...keep posting videos...good wishes from my side

@syedazam2562 3 жыл бұрын

Can you do one on Qatar’s sovereign fund?

Жыл бұрын

Investing decisions are very much like assessing critical chess moves. Both require a deeper understanding of the position and the end game.

@maxwalker1159 2 жыл бұрын

Interesting

@mehdin7520 3 жыл бұрын

Nice video but a lot of the videos you have used are in UAE or Qatar.

@mohammedalmufarej5584 3 жыл бұрын

Kuwait also at 3:27

@yakubumshelia1668 2 жыл бұрын

Nigeria is at 85% dependency on oil revenue and they are just not worried. Leaders are just chilling and citizens are going down in poverty. Sad.

@normanocampo4466 3 жыл бұрын

The Philippines is one of the fastest developing countries in South East Asia, with a population of 107 million people, with a GDP product of 900 Billion Dollars, with a per capita income of between 3500 to 4000 dollars, the Gross International Reserves of 110 Billion Dollars sitting in the Central Bank of the Philippines, we are also a CREDITOR nation, European and Asian countries like Italy, Ireland, France, Bangladesh, Myanmar borrows money from the Philippines, I am SUGGESTING to our leaders to CREATE a sovereign wealth fund to DIVERSIFY our growing assets, it is also RAISING our credibility to the International Community, I hope our leaders in the Congress and Senate can seriously look upon my suggestion...

@shazali729 2 жыл бұрын

Myanmar took your money 🤣🤣🤣

@kartiksrivastav4367 3 жыл бұрын

Make a video on india swf vs Singapore swf vs china swf

@hugonongbri8100 2 жыл бұрын

here after they bought Newcastle 😂😂

@RoodeMenon 3 жыл бұрын

Do Venezuela next.

@AltSimplified 3 жыл бұрын

We're looking into covering VZ 👍

@theunknownguy265 3 жыл бұрын

🇸🇦🇸🇦🇸🇦🇸🇦🇸🇦🇸🇦🇸🇦🇸🇦🇸🇦🇸🇦🇸🇦🇸🇦❤

@kartiksrivastav4367 3 жыл бұрын

Cover taiwan

@moneymaker2024 3 жыл бұрын

Make one video on how US$ is dependent on Saudi selling their oil in only US$

@cuddlemuffin.9545 3 жыл бұрын

How is the us dependent on them? Our oil reserves are as big as their's. We only buy their oil for political reasons, if we stopped importing from them we will fuck up their economy.

@theunknownguy265 3 жыл бұрын

@@cuddlemuffin.9545 without petro dollar usa is dead

@neddiego2570 2 жыл бұрын

@@cuddlemuffin.9545 USA got fucked up during oil crisis in 70s.

@G1806 2 жыл бұрын

So interesting and really quite a slap to the face, being from Aberdeen, Scotland we are a country of around 6 million people,. Here in Aberdeen my city was known as the oil capitol of Europe, we should be richer than Norway, but no sent to Westminster and squandered and now the government is putting the brakes on exploration licences, fossil fuel has to stop but as a world we aren't ready,I have never voted for the SNP and its too late now, but those robbers stole our money and used it to fight shit wars because Westminster likes to roll over and get its belly rubbed by the Americans, we should be a rich place, and out there using the genius people over the years, the people who invented the telephone, TV but no robbed by a bunch of gangsters from central London, sickening after the deaths and danger faced for near 5 decades drilling out the toughest Wells in the world #Northseatigers.

@lesreed2442 2 жыл бұрын

How you guys common sense says the poor that are begging for more must motivate themselves to go out and take their wealth that they are seeking for no one will ever give you anything but a handout which will never last or be enough We will always need more due to inflation So the ones that have become motivated and went and seek the fortune they are no longer concerned with the problems of the impoverished no longer needing a handout for they have afforded themselves a hand up Therefore becoming numb to the problems of society to pay the poor, that plague the poor