1997 Asian financial crisis
A01=Adam D. Dixon
A01=Ashby H.B. Monk
A01=Gordon L. Clark
Abu Dhabi Investment Authority
Accountability
Asset
Asset allocation
Asset management
Author_Adam D. Dixon
Author_Ashby H.B. Monk
Author_Gordon L. Clark
Board of directors
Budget
Capitalism
Case study
Category=JPA
Category=KCL
Category=KFFM
China Investment Corporation
Commodity
Corporate governance
Corporation
Currency
Decision-making
Developed country
Discounting
Economic development
Economic growth
Economic integration
Economics
Economy
Employment
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Exchange rate
Finance
Financial asset
Financial crisis
Financial crisis of 2007-08
Financial institution
Financial management
Financial services
Financialization
Foreign direct investment
Foreign Exchange Reserves
Fund governance
Funding
Global imbalances
Globalization
Good governance
Governance
Government bond
Income
Inflation
Institution
Institutional investor
Investment
Investment fund
Investment management
Investment strategy
Investor
Liability (financial accounting)
Long Term
Nation state
Pension
Pension fund
Policy
Politics
Rate of return
Santiago Principles
Saving
Self-insurance
Sovereign wealth fund
Sovereignty
Tax
Value (economics)
Wealth
Welfare
Westphalian sovereignty
World economy
Product details
- ISBN 9780691142296
- Weight: 482g
- Dimensions: 152 x 235mm
- Publication Date: 21 Jul 2013
- Publisher: Princeton University Press
- Publication City/Country: US
- Product Form: Hardback
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The worldwide rise of sovereign wealth funds is emblematic of the ongoing transformation of nation-state economic prospects. Sovereign Wealth Funds maps the global footprints of these financial institutions, examining their governance and investment management, and issues of domestic and international legitimacy. Through a variety of case studies--from the China Investment Corporation to the funds of several Gulf states--the authors show that the forces propelling the adoption and development of sovereign wealth funds vary by country. The authors also show that many of these investment institutions have identifiable commonalities of form and function that match the core institutions of Western financial markets. The authors suggest that the international legitimacy of sovereign wealth funds is based on the degree to which their design and governance match Western expectations about investment management. Undercutting commonplace assumptions about the emerging world of the twenty-first century, the authors demonstrate that even small countries with large and globally oriented sovereign wealth funds are likely to play a significant role in international relations.
Sovereign Wealth Funds considers how such financial organizations have altered not only the face of finance, but also the international geopolitical landscape.
Gordon L. Clark is professor and executive director of the Smith School of Enterprise and the Environment at the University of Oxford, and the Sir Louis Matheson Distinguished Visiting Professor at Monash University. Adam D. Dixon is lecturer and university research fellow at the University of Bristol and visiting research associate at the University of Oxford. Ashby H. B. Monk is a research director at Stanford University and senior research associate at the University of Oxford.
