二次世界大戰後，若干國家為使其外匯存底或公共基金產生更佳的增長效益，開始由政府設置主權財富基金，近年來其規模急遽膨脹而備受矚目，2007 年較 2006 年增加 18%而為 3.3 兆美元，預估至 2015 年將超過 12 兆美元。2008 年開始因美國次級房貸所引發的全球金融危機，主權財富基金成為許多國家與企業救亡圖存的希望。從國際政治經濟學的角度來看，符合「相互依存理論」與全球化理論中「過程論」的觀點;但在迅速發展下也出現了若干問題，不但動輒影響國際金融..

After World War II, in order to obtain better growth performance from the large foreign exchange reserves or public funds, several new financial institutions in East Asia and oil-producing countries in the Middle East started to have their governments establishing the Sovereign Wealth Fund. The Sovereign Wealth Fund has attracted wide attention as their scales rapidly expanded in recent years. The fund scale increased by 18% in 2007, as compared to 2006, and reached USD 330 billion. It is estimated that the funds will exceed ..

國際關係主流理論研究的是多邊關係，但是多邊關係得以運作，其前提在於，當多邊關係受限時，可仰賴雙邊關係加以維繫或超越，使多邊關係免於遭到直接挑戰。本文主張將雙邊關係做為國際關係研究途徑加以探究，並以戰後英國因實力變化而選擇轉向雙邊為個案。出於避免一夕崩壞及維護利益的設想，孱弱的大英帝國在戰後選擇向雙邊主義靠攏，美中兩國成為優先考量。即便這兩組雙邊關係間存在矛盾，卻是英國勉強藉由兩組雙邊關係維繫既有多邊框架，再行逐步調整，進而在戰後世界站穩腳跟的機制。 ..

Mainstream IR theories are typically multilateral. However, for any multilateral frame or value to last, bilateral relations must be able to resolve conceivable limitations. Thus, bilateral relations should be intrinsic to IR theorization. We use the United Kingdom in the aftermath of WWII as our case. The UK managed bilateral relations with the United States and China as ways to overcome its decline after the war. The bilateral relations transcend the multilateral frame and value. Accordingly, the UK’s two bilateral re..