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Citizens' Wealth: Why (and How) Sovereign Funds Should be Managed by the People

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Book Title
Citizens' Wealth: Why (and How) Sovereign Funds Should be Managed
ISBN
9780300218947
Publication Year
2016
Type
Textbook
Format
Hardcover
Language
English
Publication Name
Citizens' Wealth: Why
Item Height
239mm
Author
Angela Cummine
Publisher
Yale University Press
Item Width
166mm
Subject
Finance
Item Weight
652g
Number of Pages
296 Pages

About this product

Product Information

A wide-ranging analysis of a powerful but controversial new economic tool that has rapidly eclipsed the size of the hedge fund market In 2006, Chile teemed with protesters after finance minister Andres Velasco invested budget surpluses from the nation's historic copper boom in two Sovereign Wealth Funds. A year later, when prices plummeted and unemployment soared, Chile's government was able to stimulate recovery by drawing on the funds. State-owned investment vehicles that hold public funds in a wide range of assets, Sovereign Wealth Funds enable governments to access an unprecedented degree of wealth. Consequently, more countries are seeking to establish them. Looking at Chile, China, Australia, Singapore, and numerous other examples, including a comparative analysis of Britain and Norway's use of oil revenues, Angela Cummine tackles the key ethical questions surrounding their use, including: To whom does the wealth belong? How should the funds be managed, invested, and distributed? With sovereign funds-and media attention-continuing to grow, this is an invaluable look at a hotly debated economic issue.

Product Identifiers

Publisher
Yale University Press
ISBN-13
9780300218947
eBay Product ID (ePID)
222913031

Product Key Features

Author
Angela Cummine
Publication Name
Citizens' Wealth: Why
Format
Hardcover
Language
English
Subject
Finance
Publication Year
2016
Type
Textbook
Number of Pages
296 Pages

Dimensions

Item Height
239mm
Item Width
166mm
Item Weight
652g

Additional Product Features

Title_Author
Angela Cummine
Country/Region of Manufacture
United States

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Orbiting Books
Rachel Haworth
Unit 3C
Ramsden Road
Rotherwas Industrial Estate
Herefordshire
HR2 6LR
United Kingdom
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  • 05457679
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