Sovereign Wealth Funds: The New Intersection of Money and Politics

Christopher Balding (Peking University)

Sovereign Wealth Funds: The New Intersection of Money and Politics
Format
Hardback
Publisher
Oxford University Press, USA
Country
United States
Published
9 February 2012
Pages
240
ISBN
9780199752119

Sovereign Wealth Funds: The New Intersection of Money and Politics

Christopher Balding (Peking University)

Sovereign wealth funds are a growing and dynamic force in international finance. The shifting international economic relations from capital rich states gives them new power in influencing the global agenda. Despite controlling trillions of dollars in the biggest companies in the world, little is known about the opaque funds of oil rich and non-democratic governments. This is the first book to compile a history of sovereign wealth funds recounting the Abu Dhabi Investment Authority’s involvement with the scandal-plagued BCCI bank and Chinese arms exports to Iran. By constructing a history within the proper context of oil-driven surpluses and large inflationary pressures with no international investment framework, this book explains the development and growth of sovereign wealth funds. The economics of capital surplus countries and investment strategies are examined in order to better understand sovereign wealth fund creation and growth. In a straightforward and accessible style,
the author examines the complex and amazing growth of an unknown group of investors controlling trillions of dollars worldwide.

This item is not currently in-stock. It can be ordered online and is expected to ship in approx 2 weeks

Our stock data is updated periodically, and availability may change throughout the day for in-demand items. Please call the relevant shop for the most current stock information. Prices are subject to change without notice.

Sign in or become a Readings Member to add this title to a wishlist.