At this event, leading experts discussed the economic and legal merits of sovereign wealth fund investments and the likely policy landscape in which they will operate.

After years of war, oppression, and uncertainty, Iraqi Kurds have reason for optimism. The Kurdistan Regional Government has sold international companies rights for exploitation and development of the region's petroleum resources.

Much of the received wisdom on sovereign wealth funds is wrong, but they do pose a threat to market transparency.

Government meddling in sovereign business is likely to be counterproductive.

The financial teetering of Dubai World resembles the crisis of U.S. financial institutions, but unlike the U.S. government, Dubai seems to be keeping its wallet closed.

China riding to Europe's rescue assumes a narrative in which China's mercantilist approach has allowed it to take a leading role in world affairs. In fact, it illustrates the pitfalls to the Chinese way of doing business.

China's inflation rate has reached a point where it is sparking social unrest. The world's second-largest economy faces some fundamental choices if it is to restore stability.

A full-fledged international role for the yuan, as a store of value as well as a medium of exchange and unit of account, is highly unlikely in the near term.