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...
Christopher Balding is Assistant Professor of International Business at the HSBC Business School of Peking University.
This well-researched book provides a useful introduction to several key issues associated with sovereign wealth funds plus several of the actual funds. * B.B. Andrew, CHOICE *
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