Interview of global business leaders at Davos 2008 Meeting (back in Jan 2008) discussing sovereign wealth funds are now estimated to be as large as US$ 2.5 trillion and expected to reach US$ 12 trillion in 2015. What is their impact on the global economy?

Meeting Participants:

• Richard S. Fuld Jr, Chairman and Chief Executive Officer, Lehman Brothers, USA
• Kristin Halvorsen, Minister of Finance of Norway
• Muhammad S. Al Jasser, Vice-Governor of the Saudi Arabian Monetary Agency
• Robert M. Kimmitt, US Deputy Secretary of the Treasury
• Aleksey Kudrin, Deputy Prime Minister and Minister of Finance of the Russian Federation
• Bader M. Al Sa'ad, Managing Director, Kuwait Investment Authority (KIA), Kuwait
• Stephen A. Schwarzman, Chairman and Chief Executive Officer, The Blackstone Group, USA
• Lawrence H. Summers, Charles W. Eliot University Professor, Harvard University, USA

Meeting Moderator:

• Martin Wolf, Associate Editor and Chief Economics Commentator, Financial Times, United Kingdom