State investment banks and patient finance: An international comparison

23 February 2018
UCL Institute for Innovation and Public Purpose
Working Paper
Ref: IIPP WP 2018-01
Laurie Macfarlane
Honorary Research Fellow, IIPP
Mariana Mazzucato
Professor in the Economics of Innovation and Public Value
Director Institute for Innovation and Public Purpose, University College London
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.