Nova Publishers
My Account Nova Publishers Shopping Cart
HomeBooksSeriesJournalsReference CollectionseBooksInformationSalesImprintsFor Authors
            
  Top » Catalog » Books » Economics, Trade and Globalization » My Account  |  Cart Contents  |  Checkout   
Quick Find
  
Use keywords to find the product you are looking for.
Advanced Search
What's New? more
Phytoremediation: Methods, Management and Assessment
$230.00
Shopping Cart more
0 items
Information
Shipping & Returns
Privacy Notice
Conditions of Use
Contact Us
Bestsellers
01.Natural Resources in Ghana: Management, Policy and Economics
02.Economic Freedom: Causes and Consequences
03.Cultural Resources for Tourism: Patterns, Processes and Policies
04.Poverty, Education and Development
05.Simplicity: The Latent Order of Complexity
06.Labor Market Flexibility, Flexicurity and Employment: Lessons of the Baltic States
07.Urban Sustainability and Governance: New Challenges in Nordic-Baltic Housing Policies
08.Drying of Food Materials: Transport Phenomena
09.The North American Beef Industry in Transition: New Consumer Demands and Supply Chain Responses
10.Directory of Conservation Funding Sources for Developing Countries: Conservation Biology, Education & Training, Fellowships & Scholarships
Notifications more
NotificationsNotify me of updates to Sovereign Wealth Funds
Tell A Friend
 
Tell someone you know about this product.
Sovereign Wealth Funds
Retail Price: $95.00
10% Online Discount
You Pay:

$85.50
Editors: Thomas N. Carson and William P. Litmann
Book Description:
Sovereign wealth funds (SWFs) are investment funds owned and managed by national governments. Such funds currently manage between $1.9 and $2.9 trillion and are expected to grow to over $12 trillion by 2015. This is due to the rapid growth of commodity prices and large trade surpluses in several emerging market economies. During the second half of 2007, interest in SWFs increased as Asian and Middle Eastern SWFs, fueled by surging foreign exchange reserves, invested large sums of capital in U.S. and other Western companies. Policy makers in the United States have raised two broad policy concerns about SWFs: (1) their lack of transparency and (2) their possible misuse for political or other non-commercial goals. Hearings have been held by several congressional committees including the House Financial Services Committee and the Senate Foreign Relations and Senate Banking Committees. Additional congressional hearings are expected in 2008. SWFs pose a complex challenge for policy makers.

On one hand, SWFs are long-term investment vehicles looking beyond quarterly results and therefore serve as stable funding sources during financial turbulence. On the other hand, however, there are operational concerns stemming from government control (i.e., lack of transparency and possible non-commercial investment goals). Without transparency, it is difficult to attain a clear picture of SWF investment activity. A lack of SWF transparency can also obscure governance and risk-management problems within SWFs. Many are also concerned that countries will use SWFs to support what one analyst has called “state capitalism,” using government-controlled assets to secure stakes around the world in strategic areas such as telecommunications, energy and mineral resources, and financial services, among other sectors. In response to these concerns, many analysts and policy makers are evaluating the operations of existing SWFs and are looking to the international financial institutions such as the International Monetary Fund, World Bank, and the Organization for Economic Cooperation and Development to establish guidelines for SWF operations. All of these institutions are currently developing proposals that will be deliberated during 2008.

Table of Contents:
Preface

Chapter 1. Sovereign Wealth Funds: Background and Policy Issues for Congress; pp. 1-20
(Martin A. Weiss)

Chapter 2. China's Sovereign Wealth Fund; pp. 21-39
(Michael F. Martin)

Chapter 3. State Capitalism: The Rise of Sovereign Wealth Funds; pp. 41-82
(Gerard Lyons)

Chapter 4. Sovereign Wealth Fund Acquisitions and Other Foreign Government Investments in the United States: Assessing the Economic and National Security Implications: Testimony before the Committee on Banking, Housing, and Urban Affairs, United States Senate, November 14, 2007; pp. 83-106
(Edwin M. Truman)

Chapter 5. Testimony of Patrick M. Mulloy Before the Senate Committee on Banking, Housing and Urban Affairs Hearing on "Sovereign Wealth Fund Acquisitions and other Foreign Government Investments in the U.S.: Assessing the Economic and National Security Implications" (November 14, 2007); pp. 107-115

Chapter 6. Foreign Government Investment in the U.S. Economy and Financial Sector: Joint Hearing Before the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology and the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises of the Committee on Financial Service; pp. 117-271
(U.S. House of Representatives One Hundred Tenth Congress Second Session (March 5, 2008)

Chapter 7. Statement of Scott G. Alvarez, General Counsel, Board of Governors of the Federal Reserve System before the Committee on Banking, Housing, and Urban Affairs, United States Senate; pp. 273-281

Chapter 8. Investments and Acquisitions in the United States by Government Entities; pp. 283-289
(Testimony by Alan Larson, Covington & Burling LLP) Before the Senate Committee on Banking, Housing and Urban Affairs (November 14, 2007)

Chapter 9. Sovereign Wealth Funds and Implications for Policy; pp. 291-296
(Testimony by Jagdish Bhagwati before The Senate Foreign Relations, Wednesday 11th, June 2008)

Chapter 10. U.S. Regulatory Framework for Assessing Sovereign Investments; pp. 297-301
(Testimony by Jeanne S. Archibald, International Trade Practice, Hogan & Hartson LLP) Before the Senate Committee on Banking, Housing and Urban Affairs (April 24, 2008)

Chapter 11. The Foreign Policy Implications of Sovereign Wealth Funds; pp. 303-308
(Daniel W. Drezner, The Fletcher School, Tufts Univ.) Prepared Testimony for the Senate Foreign Relations Committee, June 11, 2008

Chapter 12. Testimony of David Marchick;pp. 309-313
(The Carlyle Group(June 11, 2008))

Chapter 13. Testimony of David Marchick (The Carlyle Group) Before the United States Senate - Committee on Banking, Housing, and Urban Affairs ;pp. 315-318
(April 24, 2008)

Chapter 14. The Regulatory Framework for Sovereign Investments Testimony Before the Committee on Banking, Housing, and Urban Affairs United States Senate (April 24, 2008); pp. 319-323
(by Ethiopis Tafara, Office of International Affairs, U.S. Securities and Exchange Commission)

Chapter 15. U.S. Senate Committee on Foreign Relations Senator Richard G. Lugar Opening Statement for Hearing on Sovereign Wealth Fund; pp. 325-326 (June 11, 2008)

Chapter 16. Statement of Chairman Dodd "Turmoil in U.S. Credit Markets: Examining the U.S. Regulatory Framework for Assessing Sovereign Investments"; pp. 327-329
(U.S. Senate Banking Committee)

Chapter 17. The Committee on Foreign Investment in the United States (CFIUS); pp. 331-352
(James K. Jackson)

Index

   Binding: Hardcover
   Pub. Date: 2009
   Pages: 369 pp.
   ISBN: 978-1-60692-319-1
   Status: AV
  
Status Code Description
AN Announcing
FM Formatting
PP Page Proofs
FP Final Production
EP Editorial Production
PR At Prepress
AP At Press
AV Available
  
Customers who bought this product also purchased
Collaborative Learning:  Methodology, Types of Interactions and Techniques
Collaborative Learning: Methodology, Types of Interactions and Techniques
Financial Hedging
Financial Hedging
China: Has the Last Opportunity Passed By?!
China: Has the Last Opportunity Passed By?!
Piezoelectric Materials: Structure, Properties and Applications
Piezoelectric Materials: Structure, Properties and Applications
Computer Games:  Learning Objectives, Cognitive Performance and Effects on Development
Computer Games: Learning Objectives, Cognitive Performance and Effects on Development
The Chemistry and Mathematics of DNA Polyhedra
The Chemistry and Mathematics of DNA Polyhedra
Special Focus Titles
01.Chaliapin and the Jews: The Question of Chaliapin's Purported Antisemitism
02.The Humanities: Past, Present and Future
03.The Poles: Myths and Reality
04.Child-Rearing: Practices, Attitudes and Cultural Differences
05."A Home Away from Home": A Community of International and South African University Students
06.Palliative Care: Oncology Experience from Hong Kong
07.The Enigma of Autism: Genius, Disorder or Just Different?
08.The Collector Mentality: Modernization of the Hunter-Gatherer
09.Face Processing: Systems, Disorders and Cultural Differences
10.Occurrences, Structure, Biosynthesis, and Health Benefits Based on Their Evidences of Medicinal Phytochemicals in Vegetables and Fruits. Volume 8
11.Crystal Growth: Concepts, Mechanisms and Applications
12.The Economic, Social and Political Impact of Mining on Akyem Abuakwa from the Pre-Colonial Era up to 1943

Nova Science Publishers
© Copyright 2004 - 2017

Sovereign Wealth Funds