Description
Book SynopsisThe author also uses domestic examples (Harvard's endowment, the California's state employees' retirement fund) to propose how the United States could create a sovereign wealth fund, speculating that such a fund could solve the looming Social Security funds shortfall.
Trade Review". . . a well-documented book calling attention to the current usefulness and the future dangers of SWFs. Best for strong international relations and business school collections. Summing Up: Recommended. General readers, upper-division undergraduate students, and above." -
Choice". . . it is an essential primer that the concerned citizen needs to read to start making sense of the bewildering chaos of an economic recession that is being declared over before it is fully under way and of a global marketplace where major financial centers seem to have moved overnight to the capitals of once inconsequential nations. . . . Treasury Secretary Timothy F. Geithner needs a copy of this authoritatively researched and accessibly written wake-up call." -
Washington Times"Foreign countries are purchasing U.S. corporations outright -- and use sovereign wealth funds to generate returns. Explanations of how these funds work and who holds them makes this a top pick for political, social issues, and economic college-level collections alike!" -
Midwest Book ReviewTable of ContentsPreface Sovereign Wealth Funds: The Peril and Potential for America Chapter 1--The Sovereign Wealth Funds of Nations Chapter 2--Birth of a Sovereign Wealth Fund: The China Investment Corporation Chapter 3--Investing Like a Sovereign Wealth Fund Chapter 4--Evaluating Sovereign Wealth Funds Chapter 5--Trust but Verify Chapter 6--Take the Money and Run
