... and conducted to compare the SWFs' governance, external environment, investment strategy and financial markets' feedback around the crisis. Findings The paper finds that the recent financial crisis did not only bring SWFs heavy losses and the pressure to improve its image and governance structure, but also...

... is to test whether poor financial market development might be responsible for the relatively low benefits of FDI on growth in China. Design/methodology/approach The author applies Blundell‐Bond system GMM estimators to a panel of Chinese provinces. Findings The results indicate that poor financial...