Cargando…

Sovereign wealth funds : threat or salvation? /

Sovereign Wealth Funds: Threat or Salvation? Neither. How long have these large pools of government-owned or-controlled funds existed? More than five decades. How are they financed? Predominantly, but not exclusively, from excess accumulations of foreign exchange reserves, often derived from the exp...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Truman, Edwin M.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, DC : Peterson Institute for International Economics, ©2010.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover
  • Contents
  • Preface
  • Acknowledgments
  • Ch 1 Sovereign Wealth Funds and the Global Economy
  • Sovereign Wealth Funds and the Global Financial Crisis
  • Response to Sovereign Wealth Funds
  • Structure of the Book
  • Ch 2 What Are Sovereign Wealth Funds?
  • What, When, and How?
  • Potential for Growth
  • Sovereign Wealth Funds and the International Financial System
  • Ch 3 Issues and Concerns
  • Mismanagement of Investments
  • Pursuit of Political or Economic Power Objectives
  • Financial Protectionism
  • Market Turmoil and Uncertainty
  • Conflicts of InterestConcluding Comments
  • Ch 4 Possible Policy Responses to Sovereign Wealth Funds
  • Comprehensive Regulation
  • Prohibition of Specific Investments
  • Limitations on Investment Activities
  • Reciprocal Arrangements
  • Ch 5 Accountability and Transparency: The Sovereign Wealth Fund Scoreboard
  • The Scoreboard
  • Elements of the Scoreboard
  • Evidence of Progress
  • Comparison with Other Indices and Indicators
  • Arguments against the Scoreboard Approach
  • The Scoreboard and Concerns about Sovereign Wealth Funds
  • Appendix 5A Scoreboard for Sovereign Wealth Funds Ch 6 The Santiago Principles
  • International Working Group
  • Assessment of the Santiago Principles
  • Discussion of the Santiago Principles
  • Next Steps
  • Ch 7 Host-Country Responses to Sovereign Wealth Funds
  • OECD Response
  • Assessment of Collective Actions
  • Actions by Individual Countries
  • Reciprocal Responsibility
  • Ch 8 The Future for Sovereign Wealth Funds
  • Upgrading the Santiago Principles
  • Augmented Reciprocal Responsibility
  • Improving Data Collection and Related Disclosures
  • A Comprehensive Investment Framework as the Ultimate Goal References
  • Index