(Read free ebook) Sovereign Wealth Funds: Threat or Salvation? (Peterson Institute for International Economics - Publication)






#2018202 in eBooks 2010-09-27 2010-09-27File 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 muyzenbergSustainable 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 is the right way? Sovereign Wealth Funds had together in 2008 assets of USovereign 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 over the past decade, to...


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