The Global Impact of State Capital
25 Pages Posted: 18 Aug 2013 Last revised: 24 Apr 2014
Date Written: July 2013
Abstract
This paper examines the nature of state capital, its increasing prevalence and impacts in the global economy, and the implications of current state capital trends for Australia. The paper classifies several key state capital actors and maps their scale, scope and investment strategies in both global and domestic Australian contexts. Finally, the paper focuses on the impact to date of state capital in Australia and the prospect of future impacts in light of diminishing global demand for resources and growing competition for FDI.
Keywords: State capital, global economy, regulation of inward investment
JEL Classification: F30, G38, K20, N20
Suggested Citation: Suggested Citation