Sovereign Wealth The Role of State Capital in the New Financial Order 1st Edition by Justin O Brien, Renee A Fry, Warwick J McKibbin ISBN 1848164319 9781848164314

Sovereign Wealth The Role of State Capital in the New Financial Order 1st Edition by Justin O Brien, Renee A Fry, Warwick J McKibbin – Ebook PDF Instant Download/Delivery: 1848164319, 9781848164314
Full download Sovereign Wealth The Role of State Capital in the New Financial Order 1st Edition after payment

Product details:

ISBN 10: 1848164319 
ISBN 13: 9781848164314
Author: Justin O Brien, Renee A Fry, Warwick J McKibbin

As the first major collection of papers on sovereign wealth funds and state-owned enterprises, this book provides an essential guide to the geo-political impact of these pools of capital on global markets. The rise of sovereign wealth funds and state-owned enterprises represents a fundamental shift in market dynamics. The potential fusion of political and commercial imperatives raises unresolved geo-political questions that have been sharpened by the vaporization of credit markets as a consequence of the global financial crisis. State-controlled pools of capital have now eclipsed hedge funds and private equity in terms of funds under management, and the question of their regulation is therefore now of utmost importance.This book highlights the interplay between legal, corporate and policy imperatives associated with the regulation of state capital. Including contributions from leading practitioners, policymakers and academics, it provides an essential guide to professionals and academics in the fields of finance and business.

Sovereign Wealth The Role of State Capital in the New Financial Order 1st Table of contents:

Section 1: Structure and Impacts on the Global Economy
Chapter 1 What is a Sovereign Wealth Fund?
Reference
Chapter 2 Sovereign Wealth Funds and Global Capital Flows: A Macroeconomic Perspective
2.1. Introduction
2.2. What are Sovereign Wealth Funds?
2.2.1. Rationale Behind Establishment
2.2.2. Objectives and Types
2.3. What Do We Know About Sovereign Wealth Funds?
2.3.1. Assets Under Management
2.3.2. Transparency and Investment Strategy
2.4. Implications for Global Capital Flows and Asset Prices
2.4.1. Stylized Portfolio Analysis
2.4.2. Model Simulations
2.5. Conclusion
References
Chapter 3 A Portfolio Analysis of Sovereign Wealth Funds
3.1. Introduction
3.2. The Problem of Definition
3.3. Sovereign Wealth Fund Portfolio: Behind the Curtain
3.4. Implications of the Findings
3.5. Conclusion
References
Chapter 4 The Implications of Sovereign Wealth Fund Investment on Capital Markets: A Bottom-Up View
4.1. Introduction
4.2. Sources and Purpose
4.3. Current Size and Future Growth: A Bottom-Up Approach
4.4. Asset Allocation and Market Impact
4.4.1. Fixed Income
4.4.2. Public Equity
4.4.3. Alternatives
4.5. Friend or Enemy?
References
Section 2: Regulation and Public Policy Issues
Chapter 5 The Political Economy of Sovereign Wealth Funds
5.1. Introduction: From Heroes to Villains and Then What?
5.2. The Size and Management of National Savings
5.3. Future Generations and the Asset Allocation Problem
5.4. Domestic Development Versus Liquidity
5.5. Governance, Security and Management
5.6. Conclusion
References
Chapter 6 Open Capital Markets and Sovereign Wealth Funds, Pension Funds, and State-Owned Enterprise
6.1. Introduction
6.2. Differentiating Capital Pools
6.3. Governance Issues
6.3.1. OECD Pension Fund Guidelines
6.3.2. OECD Guidelines for State-Owned Enterprises
6.4. Sovereign Wealth Funds, Sovereign Pension Reserve Funds, and State-Owned Enterprise Investments
6.4.1. OECD Investment Instruments and Principles
6.4.2. National Security
6.4.3. Competition
6.4.4. Natural Resources Policy
6.4.5. The Exhaustible Resource Rent Issue and the Hotelling Rule
6.4.6. Appropriating and Investing Resource Rents
6.5. Foreign Investment Deal Flow
6.5.1. Changing Deal Flow Patterns
6.5.2. Sovereign Wealth Funds as Risk-Taking Investors in the GFC
6.6. Conclusion
References
Chapter 7 Negotiating a Voluntary Code
7.1. Introduction: The Setting
7.2. Organization
7.3. Objectives
7.4. Getting Started
7.5. Issues
7.6. Outcome
Reference
Section 3: Legal Implications
Chapter 8 Mapping the Trajectory of the Regulatory Debate: Securing the National Interest or Justify
8.1. Introduction
8.2. The Santiago Process
8.3. Defining the National Interest
8.3.1. The United States
8.3.2. Australia
8.4. Conclusion
References
Chapter 9 Australian Regulation of Investments by Sovereign Wealth Funds and State-Owned Enterprises
9.1. Introduction
9.2. Overview of Australia’s Foreign Investment Regime
9.2.1. Prior Approval Under the Act
9.2.2. Treasurer’s Additional Powers Under the Act
9.2.3. Applications Under the Act
9.2.4. Prior Approval Under Policy
9.3. Case Studies
9.3.1. Chinalco’s Acquisition of Rio Tinto Shares — the “Dawn Raid”
9.3.2. Sinosteel and Murchison Metals
9.3.3. OZ Minerals and Minmetals
9.3.4. Hunan Valin and Fortescue
9.3.5. Chinalco and Rio Tinto — Strategic Partnership
9.4. Conclusion
References
Conclusion

People also search for Sovereign Wealth The Role of State Capital in the New Financial Order 1st:

sovereign wealth the role of state capital
    
sovereign wealth definition
    
sovereign wealth fund social security
    
sovereign wealth money
    
state sovereign wealth funds

Tags: Justin O Brien, Renee A Fry, Warwick J McKibbin, Sovereign, Wealth