Amazon cover image
Image from Amazon.com

Citizens' wealth : why (and how) sovereign funds should be managed by the people for the people / Angela Cummine.

By: Material type: TextTextPublisher: New Haven : Yale University Press, [2016]Description: 1 online resource (xiv, 280 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 0300222114
  • 9780300222111
Subject(s): Genre/Form: Additional physical formats: Print version:: Citizens' wealth.DDC classification:
  • 332.67/252 23
LOC classification:
  • HJ3801 .C86 2016eb
Online resources: Summary: "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"-- Provided by publisher.
Holdings
Item type Current library Collection Call number Status Date due Barcode Item holds
eBook eBook e-Library EBSCO Business Available
Total holds: 0

Description based on print version record.

Includes bibliographical references and index.

"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"-- Provided by publisher.

OCLC control number change - Master record variable field(s) change: 050, 072, 082, 650

Powered by Koha