Evolving Roles Of Sovereign Wealth Managers After The Financial Crisis: Past, Present And Future
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A01=Bernard Lee
Author_Bernard Lee
Category=KFFD
Category=KFFM
Central Bank Reserves
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Financial Crisis
Global Imbalance
Market Constraints for Mega-Sized Investors
Sovereign Wealth Fund
Product details
- ISBN 9789814452472
- Publication Date: 23 Jan 2014
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
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Consider these phenomena:In this book, Professor Lee has tried to better understand sovereign wealth management in the context of saver and debtor countries, by presenting a unified model that can explain these observed phenomena. His attempt is a clear departure from traditional theories, in which these observations would be considered aberrations from “standard assumptions”. Although no model is perfect, this new framework can be useful to explain why, for example, it will be bad economic news for all if saver countries use their public surpluses to hoard food and fuel.This accessible book is built from a scholarly paper presented by Professor Lee at the venerable Annual Meeting of the American Economic Association.
