{"product_id":"sovereign-wealth-funds-in-resource-economies-9780231183543","title":"Sovereign Wealth Funds in Resource Economies","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003ci\u003eSovereign Wealth Funds in Resource Economies\u003c\/i\u003e explains the fiscal rules and institutional structures that can make SWFs thrive, providing a practical and theoretical guide to their optimal use in resource-revenue management. Khalid Alsweilem and Malan Rietveld's institutional perspective examines both investment and disbursement strategies.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003eIn linking the theoretical and practical issues regarding sovereign wealth funds, the authors provide insight and knowledge few others can match. This is a readable and ambitious book-a manifesto for how to think about sovereign wealth funds in the twenty-first century. -- Gordon L. Clark, University of Oxford\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eAcknowledgments List of Tables and Figures Introduction Part I. An Institutional Perspective on Resource Economies and the Role of Sovereign Wealth Funds 1. The Most Disadvantageous Lottery in the World: Historic Controversies Around Natural Resources and Economic Prosperity 2. Getting to Denmark: Institutional and Political Problems of Resource-Dependent Economies 3. Guardians of the Future Against the Claims of the Present: Sovereign Wealth Funds as an Institutional Response to the Resource Curse 4. To Be Boring: Institutional Lessons from the Modern Monetary Consensus for Sovereign Wealth Funds Part II. Rule-Based Fiscal Policies for Sovereign Wealth Funds 5. It's (Still) Mostly Fiscal: Simple Fiscal Rules for Accumulating Windfall Resource Revenues in a Sovereign Wealth Fund 6. Integrated Fiscal Rules for Sovereign Wealth Funds: Spending, Saving, and Stabilizing Resource Revenues 7. Governing the Fiscal Rule: The Design and Institutional Infrastructure of Fiscal Rules for Resource Revenues Part III. The Governance of Operationally Independent Sovereign Investment Institutions 8. Public Footprints in Private Markets: Institutional Arrangements in Delegated Sovereign Investment Management 9. Shadows and Siren Calls: Rules and Contracts in Delegated Sovereign Wealth Fund Management 10. Summary Notes References Index","brand":"Columbia University Press","offers":[{"title":"Default Title","offer_id":49400320393559,"sku":"9780231183543","price":52.7,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780231183543.jpg?v=1730470380","url":"https:\/\/bookcurl.com\/products\/sovereign-wealth-funds-in-resource-economies-9780231183543","provider":"Book Curl","version":"1.0","type":"link"}