TY  - BOOK
AU  - Clark,Gordon L.
AU  - Dixon,Adam D.
AU  - Monk,Ashby H.B.
TI  - Sovereign Wealth Funds: Legitimacy, Governance, and Global Power 
SN  - 9780691142296
AV  - HJ3801 .C53 2017
U1  - 332.67252 23
PY  - 2013///]
CY  - Princeton, NJ : 
PB  - Princeton University Press, 
KW  - Investments, Foreign
KW  - Case studies
KW  - Sovereign wealth funds
KW  - Law and legislation
KW  - BUSINESS & ECONOMICS / Economics / General
KW  - bisacsh
KW  - Asian financial crisis
KW  - Australia
KW  - China Investment Corporation
KW  - Dutch disease
KW  - East Asia
KW  - Future Fund
KW  - Generally Accepted Principles and Practices
KW  - Government Pension Fund-Global
KW  - Government of Singapore Investment Corporation
KW  - Gulf states
KW  - Middle East
KW  - Norway
KW  - Santiago Principles
KW  - Western interests
KW  - capitalism
KW  - capitalist development
KW  - domestic politics
KW  - economic geography
KW  - ethical policy
KW  - finance
KW  - financial crisis
KW  - financial institutions
KW  - financial markets
KW  - financialization
KW  - geopolitics
KW  - global finance
KW  - global financial system
KW  - governance
KW  - international political economy
KW  - international relations
KW  - investment decision making
KW  - investment ethics
KW  - investment management
KW  - investment practice
KW  - investment
KW  - long-term investment
KW  - nation-states
KW  - political economy
KW  - political temptation
KW  - resource revenue management
KW  - sovereign wealth funds
KW  - sovereignty
KW  - state-owned enterprises
KW  - state
KW  - trust
KW  - typology
N1  - Frontmatter --; Contents --; List of Figures and Tables --; Preface --; Acknowledgments --; 1 Introduction --; 2 The Rise of Sovereign Wealth Funds --; 3 Rethinking the "Sovereign" in Sovereign Wealth Funds --; 4 The Virtues of Long-Term Commitment: Australia's Future Fund --; 5 The Ethics of Global Investment: Norway's Government Pension Fund --; 6 Insurer of Last Resort: Singapore's Government Investment Corporation --; 7 Legitimacy, Trade, and Global Imbalances: The China Investment Corporation --; 8 Modernity, Imitation, and Performance: The Gulf States' Funds --; 9 Conclusion: Form and Function in the Twenty-First Century --; Appendix: Scoping Best Practice --; Notes --; References --; Index; restricted access; Issued also in print
N2  - The worldwide rise of sovereign wealth funds is emblematic of the ongoing transformation of nation-state economic prospects. Sovereign Wealth Funds maps the global footprints of these financial institutions, examining their governance and investment management, and issues of domestic and international legitimacy. Through a variety of case studies--from the China Investment Corporation to the funds of several Gulf states--the authors show that the forces propelling the adoption and development of sovereign wealth funds vary by country. The authors also show that many of these investment institutions have identifiable commonalities of form and function that match the core institutions of Western financial markets. The authors suggest that the international legitimacy of sovereign wealth funds is based on the degree to which their design and governance match Western expectations about investment management. Undercutting commonplace assumptions about the emerging world of the twenty-first century, the authors demonstrate that even small countries with large and globally oriented sovereign wealth funds are likely to play a significant role in international relations. Sovereign Wealth Funds considers how such financial organizations have altered not only the face of finance, but also the international geopolitical landscape
UR  - https://doi.org/10.1515/9781400846511?locatt=mode:legacy
UR  - https://www.degruyter.com/isbn/9781400846511
UR  - https://www.degruyter.com/cover/covers/9781400846511.jpg
ER  -