Checkers Or Chess? Facing State Capitalism — Part II

Law360, New York (April 22, 2011, 1:06 PM EDT) -- So how should the international community respond to the concerns about state capitalism outlined in Part I of this article? How do you level the playing field in the long term against state capitalism? Responses to state capitalism require us to think more like chess players.

In the case of sovereign wealth funds, the policy response came in the form of the Santiago Principles. Developed by a working group in close association with the Organisation for Economic Co-operation and Development (OECD) and leading sovereign wealth funds,...
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