State investment banks and patient finance: An international comparison

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UCL Institute for Innovation and Public Purpose (IIPP) Working Paper Series: IIPP WP 2018-01

Authors

• Laurie Macfarlane | Honorary Research Fellow, UCL Institute for Innovation and Public Purpose
• Mariana Mazzucato | Director, Professor in the Economics of Innovation and Public Value, UCL Institute for Innovation and Public Purpose

Reference

Mazzucato, M., Macfarlane, L. (2018). State investment banks and patient finance: An international comparison. UCL Institute for Innovation and Public Purpose, Working Paper Series (IIPP WP 2018-01).

Abstract

This report reviews the design features of eight international state investment banks from countries and regions across the world, and the role that each bank plays in its respective economy. Lessons are used to reflect on how SIBs can be designed to address the challenges and opportunities of patient strategic finance.