(Free and download) Sovereign Wealth Funds: Threat or Salvation? (Peterson Institute for International Economics - Publication)






 | #1980158 in eBooks |  2010-09-27 |  2010-09-27 | File Name: B005GJ33YK


||1 of 1 people found the following review helpful.| Sustainable Production of Oil with a Sovereign Wealth Fund (SWF)|By laurens van den muyzenberg|Sustainable production of oil sounds like a crazy idea. Yet that is precisely what Norway is doing with a sovereign wealth fund. The answer of Edwin Truman to the question about these funds is: "Threat or Salvation?" is "Salvation" if you organize and manage it the right way. What i| |Dr. Truman is a distinguished scholar who has been analyzing sovereign wealth funds for the last several years. His work has been influential in the development of the Santiago Principles, a voluntary code of behavior, transparency and accountability adopted

Sovereign wealth funds (SWFs) are not a new phenomenon in international finance. Governments of a few countries have used similar entities to manage their international financial assets for several decades. Moreover, countries have always held international reserves, and government-owned entities have made cross-border investments for many years. However, with the rapid increases in international reserve holdings and in revenues from the export of nonrenewable resources...


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