Re: Should sovereign wealth funds be more transparent?

Description: The IMF is already examining such measures, says Khanna.

Transcript: Well, right now for example the International Monetary Funds is considering issuing some principals on how seven low funds should be governed or what degrees of transparency they should have in their investments and they should be wedded to ensure that they are not politically motivated before they are approved. American treasury and the European union or also considering some similar sorts of proposals 4 standards for suborn wealth funds. Will there be a single global standard to which everyone agrees to which no exceptions are made and to which all sovereign wealth funds subscribe. No way, it will never ever happen. It may have an influence on the wedding that goes on when a sovereign wealth fund, invest in a prosperous country and the developed and matured and well regulated market like the United States or the Europe, because then they can control, and block certain transactions from happening, but if they over regulate has all been is oxially a teaches us, the money will just go else where.

Recorded on: 3/3/08