Sovereign Investment: Concerns and Policy Reactions
Sovereign Investment: Concerns and Policy Reactions provides the first major holistic examination and interdisciplinary analysis of sovereign wealth funds. Sovereign wealth funds currently hold three trillion dollars' worth of investments, almost twice the amount in all the hedge funds worldwide, and are predicted to hold nine trillion more by 2015.
This relatively new and rapidly expanding phenomenon remains relatively unregulated, but the International Monetary Fund and the G7 aim to establish temporary and voluntary rules to introduce transparency and uniformity until more permanent regulatory structures are instituted. What permanent rules and procedures should govern sovereign wealth funds? What bodies should enforce them? Do the current provisional rules answer the national security concerns of host countries? Editors Karl P. Sauvant, Lisa Sachs, and Wouter P.F. Schmit Jongbloed address these questions in a collection of essays by leading authorities from the IMF, academic institutions, law firms, multi-national corporations, and think tanks. Together, these authors analyze how sovereign wealth funds have helped to limit the effects of the current global economic crisis, and what rules can govern their operation in the future.
- Sovereign Investment is the first interdisciplinary analysis of the entire sovereign wealth fund system
- Leading authorities from key players in the sovereign wealth fund worlds, including corporations, law firms, the IMF, think tanks, and academic institutions, providing an insider's view of this developing field
- Provides a contemporary view on how sovereign wealth funds impact global economics from recession to economic growth
|Publisher:||Oxford University Press USA|
|Author(s)||Sauvant, KP and Sachs, LE|