State Investments: Higher Returns vs. Other Benefits
When states invest money, whether for their pension plans or other purposes, to what extent is it sensible for them to trade potentially better returns on their money in exchange for other benefits, including social good or economic development? We’ve heard arguments on both sides of this discussion and have come to the conclusion that there may be no simple answers, and that this question may likely best be considered on a case-by-case basis. We first began to think about th