Sovereign Wealth Funds in Resource Economies : : Institutional and Fiscal Foundations / / Khalid Alsweilem, Malan Rietveld.
Sovereign wealth funds (SWFs) have reached a transitional moment. Created as a way to direct excess wealth toward economic development and long-term financial returns, some countries are now seeing a decline in revenue from sources such as oil. Many SWFs are now facing a new challenge-how to spend s...
Saved in:
Superior document: | Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2017 |
---|---|
VerfasserIn: | |
Place / Publishing House: | New York, NY : : Columbia University Press, , [2018] ©2017 |
Year of Publication: | 2018 |
Language: | English |
Online Access: | |
Physical Description: | 1 online resource :; 14 graphs |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
9780231544993 |
---|---|
lccn |
2017006011 |
ctrlnum |
(DE-B1597)493805 (OCoLC)986523899 |
collection |
bib_alma |
record_format |
marc |
spelling |
Alsweilem, Khalid, author. aut http://id.loc.gov/vocabulary/relators/aut Sovereign Wealth Funds in Resource Economies : Institutional and Fiscal Foundations / Khalid Alsweilem, Malan Rietveld. New York, NY : Columbia University Press, [2018] ©2017 1 online resource : 14 graphs text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- Acknowledgments -- List of Tables and Figures -- Introduction -- Part One. An Institutional Perspective on Resource Economies and the Role of Sovereign Wealth Funds -- Chapter One. The Most Disadvantageous Lottery in the World -- Chapter Two. Getting to Denmark -- Chapter Three. Guardians of the Future Against the Claims of the Present -- Chapter Four. To Be Boring -- Part Two. Rule- Based Fiscal Policies for Sovereign Wealth Funds -- Chapter Five. It's (Still) Mostly Fiscal -- Chapter Six. Integrated Fiscal Rules for Sovereign Wealth Funds -- Chapter Seven. Governing the Fiscal Rule -- Part Three. The Governance of Operationally Independent Sovereign Investment Institutions -- Chapter Eight. Public Footprints in Private Markets -- Chapter Nine. Shadows and Siren Calls -- Chapter Ten. Summary -- Notes -- References -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star Sovereign wealth funds (SWFs) have reached a transitional moment. Created as a way to direct excess wealth toward economic development and long-term financial returns, some countries are now seeing a decline in revenue from sources such as oil. Many SWFs are now facing a new challenge-how to spend sustainably without depleting the funds. Sovereign Wealth Funds in Resource Economies 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 put forward an institutional perspective of SWFs as quasi-independent political and economic entities charged with managing national resource wealth, examining both investment and disbursement strategies. They advance a systematic, rule-based approach, suggesting when to accumulate and when to begin countercyclical spending based on concrete case studies. More than a mere financial portfolio, SWFs must be embedded in a credible fiscal and institutional framework if they are to contribute to improved economic performance. Alsweilem and Rietveld consider the variety of relationships that exist between SWFs and their governments, exploring the legal and policy side of the institutional approach. Their rule-based description of SWFs, since it allows tailoring and adjustment and invokes rules of thumb and best practices, is intended to be widely applicable across the diverse spectrum of global SWFs. Bringing together the practitioner perspective and scholarly expertise, this book will be invaluable for global policy makers and scholars working with sovereign wealth funds. Issued also in print. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022) Natural resources. Sovereign wealth funds. BUSINESS & ECONOMICS / Industries / Natural Resource Extraction. bisacsh Rietveld, Malan, author. aut http://id.loc.gov/vocabulary/relators/aut Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2017 9783110543308 print 9780231183543 https://doi.org/10.7312/alsw18354 https://www.degruyter.com/isbn/9780231544993 Cover https://www.degruyter.com/document/cover/isbn/9780231544993/original |
language |
English |
format |
eBook |
author |
Alsweilem, Khalid, Alsweilem, Khalid, Rietveld, Malan, |
spellingShingle |
Alsweilem, Khalid, Alsweilem, Khalid, Rietveld, Malan, Sovereign Wealth Funds in Resource Economies : Institutional and Fiscal Foundations / Frontmatter -- Contents -- Acknowledgments -- List of Tables and Figures -- Introduction -- Part One. An Institutional Perspective on Resource Economies and the Role of Sovereign Wealth Funds -- Chapter One. The Most Disadvantageous Lottery in the World -- Chapter Two. Getting to Denmark -- Chapter Three. Guardians of the Future Against the Claims of the Present -- Chapter Four. To Be Boring -- Part Two. Rule- Based Fiscal Policies for Sovereign Wealth Funds -- Chapter Five. It's (Still) Mostly Fiscal -- Chapter Six. Integrated Fiscal Rules for Sovereign Wealth Funds -- Chapter Seven. Governing the Fiscal Rule -- Part Three. The Governance of Operationally Independent Sovereign Investment Institutions -- Chapter Eight. Public Footprints in Private Markets -- Chapter Nine. Shadows and Siren Calls -- Chapter Ten. Summary -- Notes -- References -- Index |
author_facet |
Alsweilem, Khalid, Alsweilem, Khalid, Rietveld, Malan, Rietveld, Malan, Rietveld, Malan, |
author_variant |
k a ka k a ka m r mr |
author_role |
VerfasserIn VerfasserIn VerfasserIn |
author2 |
Rietveld, Malan, Rietveld, Malan, |
author2_variant |
m r mr |
author2_role |
VerfasserIn VerfasserIn |
author_sort |
Alsweilem, Khalid, |
title |
Sovereign Wealth Funds in Resource Economies : Institutional and Fiscal Foundations / |
title_sub |
Institutional and Fiscal Foundations / |
title_full |
Sovereign Wealth Funds in Resource Economies : Institutional and Fiscal Foundations / Khalid Alsweilem, Malan Rietveld. |
title_fullStr |
Sovereign Wealth Funds in Resource Economies : Institutional and Fiscal Foundations / Khalid Alsweilem, Malan Rietveld. |
title_full_unstemmed |
Sovereign Wealth Funds in Resource Economies : Institutional and Fiscal Foundations / Khalid Alsweilem, Malan Rietveld. |
title_auth |
Sovereign Wealth Funds in Resource Economies : Institutional and Fiscal Foundations / |
title_alt |
Frontmatter -- Contents -- Acknowledgments -- List of Tables and Figures -- Introduction -- Part One. An Institutional Perspective on Resource Economies and the Role of Sovereign Wealth Funds -- Chapter One. The Most Disadvantageous Lottery in the World -- Chapter Two. Getting to Denmark -- Chapter Three. Guardians of the Future Against the Claims of the Present -- Chapter Four. To Be Boring -- Part Two. Rule- Based Fiscal Policies for Sovereign Wealth Funds -- Chapter Five. It's (Still) Mostly Fiscal -- Chapter Six. Integrated Fiscal Rules for Sovereign Wealth Funds -- Chapter Seven. Governing the Fiscal Rule -- Part Three. The Governance of Operationally Independent Sovereign Investment Institutions -- Chapter Eight. Public Footprints in Private Markets -- Chapter Nine. Shadows and Siren Calls -- Chapter Ten. Summary -- Notes -- References -- Index |
title_new |
Sovereign Wealth Funds in Resource Economies : |
title_sort |
sovereign wealth funds in resource economies : institutional and fiscal foundations / |
publisher |
Columbia University Press, |
publishDate |
2018 |
physical |
1 online resource : 14 graphs Issued also in print. |
contents |
Frontmatter -- Contents -- Acknowledgments -- List of Tables and Figures -- Introduction -- Part One. An Institutional Perspective on Resource Economies and the Role of Sovereign Wealth Funds -- Chapter One. The Most Disadvantageous Lottery in the World -- Chapter Two. Getting to Denmark -- Chapter Three. Guardians of the Future Against the Claims of the Present -- Chapter Four. To Be Boring -- Part Two. Rule- Based Fiscal Policies for Sovereign Wealth Funds -- Chapter Five. It's (Still) Mostly Fiscal -- Chapter Six. Integrated Fiscal Rules for Sovereign Wealth Funds -- Chapter Seven. Governing the Fiscal Rule -- Part Three. The Governance of Operationally Independent Sovereign Investment Institutions -- Chapter Eight. Public Footprints in Private Markets -- Chapter Nine. Shadows and Siren Calls -- Chapter Ten. Summary -- Notes -- References -- Index |
isbn |
9780231544993 9783110543308 9780231183543 |
callnumber-first |
H - Social Science |
callnumber-subject |
HJ - Public Finance |
callnumber-label |
HJ3801 |
callnumber-sort |
HJ 43801 A47 42018 |
url |
https://doi.org/10.7312/alsw18354 https://www.degruyter.com/isbn/9780231544993 https://www.degruyter.com/document/cover/isbn/9780231544993/original |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
333 - Economics of land & energy |
dewey-full |
333.7 |
dewey-sort |
3333.7 |
dewey-raw |
333.7 |
dewey-search |
333.7 |
doi_str_mv |
10.7312/alsw18354 |
oclc_num |
986523899 |
work_keys_str_mv |
AT alsweilemkhalid sovereignwealthfundsinresourceeconomiesinstitutionalandfiscalfoundations AT rietveldmalan sovereignwealthfundsinresourceeconomiesinstitutionalandfiscalfoundations |
status_str |
n |
ids_txt_mv |
(DE-B1597)493805 (OCoLC)986523899 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2017 |
is_hierarchy_title |
Sovereign Wealth Funds in Resource Economies : Institutional and Fiscal Foundations / |
container_title |
Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2017 |
author2_original_writing_str_mv |
noLinkedField noLinkedField |
_version_ |
1806143058250563584 |
fullrecord |
<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>05314nam a22007695i 4500</leader><controlfield tag="001">9780231544993</controlfield><controlfield tag="003">DE-B1597</controlfield><controlfield tag="005">20220302035458.0</controlfield><controlfield tag="006">m|||||o||d||||||||</controlfield><controlfield tag="007">cr || ||||||||</controlfield><controlfield tag="008">220302t20182017nyu fo d z eng d</controlfield><datafield tag="010" ind1=" " ind2=" "><subfield code="a">2017006011</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780231544993</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.7312/alsw18354</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-B1597)493805</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)986523899</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-B1597</subfield><subfield code="b">eng</subfield><subfield code="c">DE-B1597</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">nyu</subfield><subfield code="c">US-NY</subfield></datafield><datafield tag="050" ind1="0" ind2="0"><subfield code="a">HJ3801</subfield><subfield code="b">.A47 2018</subfield></datafield><datafield tag="050" ind1=" " ind2="4"><subfield code="a">HJ3801</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">BUS070150</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="082" ind1="0" ind2="4"><subfield code="a">333.7</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Alsweilem, Khalid, </subfield><subfield code="e">author.</subfield><subfield code="4">aut</subfield><subfield code="4">http://id.loc.gov/vocabulary/relators/aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Sovereign Wealth Funds in Resource Economies :</subfield><subfield code="b">Institutional and Fiscal Foundations /</subfield><subfield code="c">Khalid Alsweilem, Malan Rietveld.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">New York, NY : </subfield><subfield code="b">Columbia University Press, </subfield><subfield code="c">[2018]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">©2017</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource :</subfield><subfield code="b">14 graphs</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="347" ind1=" " ind2=" "><subfield code="a">text file</subfield><subfield code="b">PDF</subfield><subfield code="2">rda</subfield></datafield><datafield tag="505" ind1="0" ind2="0"><subfield code="t">Frontmatter -- </subfield><subfield code="t">Contents -- </subfield><subfield code="t">Acknowledgments -- </subfield><subfield code="t">List of Tables and Figures -- </subfield><subfield code="t">Introduction -- </subfield><subfield code="t">Part One. An Institutional Perspective on Resource Economies and the Role of Sovereign Wealth Funds -- </subfield><subfield code="t">Chapter One. The Most Disadvantageous Lottery in the World -- </subfield><subfield code="t">Chapter Two. Getting to Denmark -- </subfield><subfield code="t">Chapter Three. Guardians of the Future Against the Claims of the Present -- </subfield><subfield code="t">Chapter Four. To Be Boring -- </subfield><subfield code="t">Part Two. Rule- Based Fiscal Policies for Sovereign Wealth Funds -- </subfield><subfield code="t">Chapter Five. It's (Still) Mostly Fiscal -- </subfield><subfield code="t">Chapter Six. Integrated Fiscal Rules for Sovereign Wealth Funds -- </subfield><subfield code="t">Chapter Seven. Governing the Fiscal Rule -- </subfield><subfield code="t">Part Three. The Governance of Operationally Independent Sovereign Investment Institutions -- </subfield><subfield code="t">Chapter Eight. Public Footprints in Private Markets -- </subfield><subfield code="t">Chapter Nine. Shadows and Siren Calls -- </subfield><subfield code="t">Chapter Ten. Summary -- </subfield><subfield code="t">Notes -- </subfield><subfield code="t">References -- </subfield><subfield code="t">Index</subfield></datafield><datafield tag="506" ind1="0" ind2=" "><subfield code="a">restricted access</subfield><subfield code="u">http://purl.org/coar/access_right/c_16ec</subfield><subfield code="f">online access with authorization</subfield><subfield code="2">star</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Sovereign wealth funds (SWFs) have reached a transitional moment. Created as a way to direct excess wealth toward economic development and long-term financial returns, some countries are now seeing a decline in revenue from sources such as oil. Many SWFs are now facing a new challenge-how to spend sustainably without depleting the funds. Sovereign Wealth Funds in Resource Economies 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 put forward an institutional perspective of SWFs as quasi-independent political and economic entities charged with managing national resource wealth, examining both investment and disbursement strategies. They advance a systematic, rule-based approach, suggesting when to accumulate and when to begin countercyclical spending based on concrete case studies. More than a mere financial portfolio, SWFs must be embedded in a credible fiscal and institutional framework if they are to contribute to improved economic performance. Alsweilem and Rietveld consider the variety of relationships that exist between SWFs and their governments, exploring the legal and policy side of the institutional approach. Their rule-based description of SWFs, since it allows tailoring and adjustment and invokes rules of thumb and best practices, is intended to be widely applicable across the diverse spectrum of global SWFs. Bringing together the practitioner perspective and scholarly expertise, this book will be invaluable for global policy makers and scholars working with sovereign wealth funds.</subfield></datafield><datafield tag="530" ind1=" " ind2=" "><subfield code="a">Issued also in print.</subfield></datafield><datafield tag="538" ind1=" " ind2=" "><subfield code="a">Mode of access: Internet via World Wide Web.</subfield></datafield><datafield tag="546" ind1=" " ind2=" "><subfield code="a">In English.</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022)</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Natural resources.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Sovereign wealth funds.</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">BUSINESS & ECONOMICS / Industries / Natural Resource Extraction.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Rietveld, Malan, </subfield><subfield code="e">author.</subfield><subfield code="4">aut</subfield><subfield code="4">http://id.loc.gov/vocabulary/relators/aut</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">Columbia University Press Complete eBook-Package 2017</subfield><subfield code="z">9783110543308</subfield></datafield><datafield tag="776" ind1="0" ind2=" "><subfield code="c">print</subfield><subfield code="z">9780231183543</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.7312/alsw18354</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://www.degruyter.com/isbn/9780231544993</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="3">Cover</subfield><subfield code="u">https://www.degruyter.com/document/cover/isbn/9780231544993/original</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-054330-8 Columbia University Press Complete eBook-Package 2017</subfield><subfield code="b">2017</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_BACKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_CL_LAEC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBACKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ECL_LAEC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EEBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ESSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ESTMALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_PPALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_SSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_STMALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV-deGruyter-alles</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA11SSHE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA12STME</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA13ENGE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA17SSHEE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA18STMEE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA5EBK</subfield></datafield></record></collection> |