| Description |
1 online resource (xxi, 306 pages) : illustrations |
| Physical Medium |
polychrome |
| Description |
text file |
| Summary |
The book covers a wide range of topics of relevance to policymakers in countries that have sovereign wealth funds (SWFs) and those that receive SWF investments. Renowned experts in the field have contributed chapters. The book is organized around four themes: (1) the role and macrofinancial linkages of SWFs, (2) institutional factors, (3) investment approaches and financial markets, and (4) the postcrisis outlook. The book also discusses the challenges facing sovereign wealth funds in the coming years, from an inside perspective on countries, including Canada, Chile, China, Norway, Russia, and New Zealand. Economics of Sovereign Wealth Funds will contribute to a further understanding of the nature, strategies and behavior of SWFs and the environment in which they operate, as their importance is likely to grow in the coming years. |
| Bibliography |
Includes bibliographical references and index. |
| Contents |
Demystifying sovereign wealth funds / Espen Klitzing, Diaan-Yi Lin, Susan Lund, and Laurent Nordin -- From reserves accumulation to sovereign wealth fund : policy and macrofinancial considerations / Yinqiu Lu, Christian Mulder, and Michael Papaioannou -- Sovereign wealth funds : new economic realities and the political responses / Steffen Kern -- Sovereign wealth funds and economic policy at home / Jon Shields and Mauricio Villafuerte -- Sovereign wealth funds and the Santiago Principles / Udaibir S. Dos, Adnan Mazarei, and Alison Stuart -- Legal underpinnings of capital account liberalization for sovereign wealth funds / Wouter Bossu, Gbianuju Ezejiofor, Thomas Laryea, and Yon Liu -- Sovereign wealth funds : investment flows and the role of transparency / Robert Heath and Antonio Galicia-Escotto -- Regulating a sovereign wealth fund through an external fund manager / Andre de Palma, Luc Leruth, and Adnan Mazarei -- Sovereign wealth funds and recipient-country investment policies : OECD perspectives / Kathryn Gordon -- Sovereign wealth fund investment strategies : complementing central bank investment strategies / Stephen L. Jen -- Investment objectives of sovereign wealth funds : a shifting paradigm / eter Kunzel, Yinqiu Lu, Iva Petrova, and Jukka Pihlman -- Managing a sovereign wealth fund : a view from practitioners / Didier Darcet, Michael du Jeu, and Thomas S. Coleman -- Sovereign wealth funds and financial stability : an event-study analysis / Tao Sun and Heiko Hesse -- The macroeconomic impact of sovereign wealth funds / Julie Kozack, Doug Laxton, and Krishna Srinivasan -- A market view on the impact of sovereign wealth funds on global financial markets / Jens Nystedt -- Sovereign wealth funds in the new normal / Mohamed A. EI-Erian -- The future of sovereign wealth funds / Edwin M. Truman -- Long-term implications of the global financial crisis for sovereign wealth funds / Andrew Rozanov -- A final word : views of the sovereigns. A. Alberta Heritage Savings Trust Fund : looking forward / Aaron Brown and Rod Matheson -- B. Managing Chile's SWFs beyond the global financial crisis / Eric Parrado -- C. SWFs and recipient countries : toward a win-win situation / Jin Liqun -- D. The New Zealand Superannuation Fund : surviving through and seeing beyond the global financial crisis / Adrian Orr -- E. Norway : dealing with risk in an uncertain world / Thomas Ekeli and Martin Skancke -- F. The Russian Federation : challenges for a rainy day / Peter Kazakevitch and Alexandra Trishkina -- Appendices. The Santiago Principles -- The International Forum of Sovereign Wealth Funds. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Sovereign wealth funds.
|
|
Sovereign wealth funds. |
| Genre/Form |
Electronic books.
|
| Added Author |
Das, Udaibir S., editor.
|
|
Mazarei, Adnan, 1958- editor.
|
|
Hoorn, Han van der, editor.
|
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International Monetary Fund, issuing body.
|
| Other Form: |
Print version: Economics of sovereign wealth funds. Washington, D.C. : International Monetary Fund, ©2010 9781589069275 (DLC) 2010534840 (OCoLC)654315815 |
| ISBN |
9781452725499 (electronic book) |
|
1452725497 (electronic book) |
|
9781589069275 |
|
1589069277 |
|
