Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth Braunstein Juergen
Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth Braunstein Juergen Sovereign wealth funds are state-controlled pools of capital that hold financial and real assets, including…
Specifikacia Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth Braunstein Juergen
Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth Braunstein Juergen
Sovereign wealth funds are state-controlled pools of capital that hold financial and real assets, including shares of state enterprises, and manage them to grow the nation's base of sovereign wealth. Yet SWFs are not a homogenous group of actors. The dramatic rise of sovereign wealth funds (SWFs) in both number and size--this group is now larger than the size of global private equity and hedge funds, combined--and the fact that most are located in non-OECD countries, has raised concern about the direction of capitalism.
Why do other countries with no macroeconomic justification, such as Senegal and Turkey, create SWFs? Why do some countries with large current account surpluses, notably China, create SWFs while others, such as Switzerland and Germany, do not? And why do countries with similar macroeconomic features, such as Kuwait and Qatar or Singapore and Hong Kong, choose different
Politics of Moral Capital
Beast and the Sovereign
Sovereign of the Seas