TY  - BOOK
AU  - Cummine,Angela
TI  - Citizens' wealth: why (and how) sovereign funds should be managed by the people for the people 
SN  - 0300222114
AV  - HJ3801 .C86 2016eb
U1  - 332.67/252 23
PY  - 2016///]
CY  - New Haven
PB  - Yale University Press
KW  - Sovereign wealth funds
KW  - Investments
KW  - Political aspects
KW  - Democracy
KW  - BUSINESS & ECONOMICS
KW  - International
KW  - Economics
KW  - bisacsh
KW  - POLITICAL SCIENCE
KW  - Public Policy
KW  - Economic Policy
KW  - Government & Business
KW  - HISTORY
KW  - Modern
KW  - 21st Century
KW  - Electronic books
KW  - local
N1  - Includes bibliographical references and index
N2  - "In 2006, Chile teemed with protesters after finance minister Andres Velasco invested budget surpluses from the nation's historic copper boom in two Sovereign Wealth Funds. A year later, when prices plummeted and unemployment soared, Chile's government was able to stimulate recovery by drawing on the funds. State-owned investment vehicles that hold public funds in a wide range of assets, Sovereign Wealth Funds enable governments to access an unprecedented degree of wealth. Consequently, more countries are seeking to establish them. Looking at Chile, China, Australia, Singapore, and numerous other examples, including a comparative analysis of Britain and Norway's use of oil revenues, Angela Cummine tackles the key ethical questions surrounding their use, including: To whom does the wealth belong? How should the funds be managed, invested, and distributed? With sovereign funds--and media attention--continuing to grow, this is an invaluable look at a hotly debated economic issue"--
UR  - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1295132
ER  -