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About Evolving Roles Of Sovereign Wealth Managers After The Financial Crisis
Consider these phenomena Savers at surplus countries are often penalized by astronomical consumer prices while spenders at debtor countries enjoy bargain basement prices Silicon Valley continues to be the global leader in R D and innovation despite chaos in public finance and Surplus countries worry about holding potentially worthless IOUs issued by elected debtor governments In this book Professor Lee has tried to better understand sovereign wealth management in the context of saver and debtor countries by presenting a unified model that can explain these observed phenomena His attempt is a clear departure from traditional theories in which these observations would be considered aberrations from standard assumptions Although no model is perfect this new framework can be useful to explain why for example it will be bad economic news for all if saver countries use their public surpluses to hoard food and fuel This accessible book is built from a scholarly paper presented by Professor Lee at the venerable Annual Meeting of the American Economic Association
Detailed Information
| Author: | Bernard Lee |
|---|---|
| Publication Year: | 2013 |
| ISBN: | 9789814452489 |
| Pages: | 122 |
| Language: | English |
| File Size: | 2.8 |
| Format: | |
| Price: | FREE |
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