logo

Online Public Access Catalogue

Sovereign wealth funds: between the state and markets / Adam D. Dixon and Patrick J. Schena

By: Dixon, Adam DContributor(s): Schena, Patrick JMaterial type: TextTextPublisher: Newcastle upon Tyne : Agenda Publishing, 2022Description: vii, 119 pages : illustrations ; 24 cmISBN: 9781788212489Subject(s): Fonds souverains | Sovereign wealth fundsDDC classification: 332.67252
Contents:
1. What is a sovereign wealth fund?2. The short history of sovereign wealth funds3. Legitimizing state actors in global markets4. The new giants in global finance: myths and realities5. Tools of strategic development6. The new state capitalist normal?
Summary: What constitutes a sovereign wealth fund is contested. In general, however, it is a state-sponsored institutional investor that is answerable only to the state and makes investments according to the interests and mandate of that state. Different types of funds have emerged in the context of particular economic conjunctures, and over the last decade the number of sovereign wealth funds has grown substantially, with total assets exceeding $7 trillion. This trend is set to continue, as more and more countries look to establish an SWF. The place of SWFs in global financial markets may appear settled, but this does not mean that concerns about "state capital" and its place in financial markets has gone away. This short book offers an incisive discussion of the development of this class of investor, how they have become legitimate actors in global financial markets, and their role as providers of capital and in economic development at home and abroad.
List(s) this item appears in: New Arrivals - July 1st to 31st 2023
Tags from this library: No tags from this library for this title. Log in to add tags.
    Average rating: 0.0 (0 votes)


1. What is a sovereign wealth fund?2. The short history of sovereign wealth funds3. Legitimizing state actors in global markets4. The new giants in global finance: myths and realities5. Tools of strategic development6. The new state capitalist normal?

What constitutes a sovereign wealth fund is contested. In general, however, it is a state-sponsored institutional investor that is answerable only to the state and makes investments according to the interests and mandate of that state. Different types of funds have emerged in the context of particular economic conjunctures, and over the last decade the number of sovereign wealth funds has grown substantially, with total assets exceeding $7 trillion. This trend is set to continue, as more and more countries look to establish an SWF. The place of SWFs in global financial markets may appear settled, but this does not mean that concerns about "state capital" and its place in financial markets has gone away. This short book offers an incisive discussion of the development of this class of investor, how they have become legitimate actors in global financial markets, and their role as providers of capital and in economic development at home and abroad.

There are no comments on this title.

to post a comment.