| Author(s): |
prof. PhDr. Petr Teplý Ph.D., Ing. Jan Ander
|
| Type: |
Monograph |
| Year: |
2014 |
| Number: |
0 |
| ISSN / ISBN: |
ISBN 978-80-246-2420-4, ISBN 978-80-246-2442-6 (pdf) |
| Published in: |
Karolinum Press, Czech Republic |
| Publishing place: |
Prague, Czech Republic |
| Keywords: |
finance, globalisation, risk, sovereign wealth fund |
| JEL codes: |
|
| Suggested Citation: |
Ander, J., Teplý, P. (2014). Sovereign wealth funds in theory and practice. Prague: Karolinum Press |
| Grants: |
GACR 14-02108S The nexus between sovereign and bank crises
VŠE IP100040
|
| Abstract: |
Sovereign Wealth Funds (SWFs) have been currently becoming a more and more important part of the international financial system. These institutions administrated more than USD 6 trillion under their asset management as of the end of 2013. SWFs are the funds owned by a state, set up for various macroeconomic purposes. Usually, they are financed through the transfer of foreign currency assets which are mainly long-term investments abroad. This book focuses on global SWFs from both the theoretical and empirical point of view. Moreover, it discusses a theoretical set-up of a SWF in the Czech Republic. However, there is no offer made by politicians to set up a SWF in the Czech Republic, nor any demand from the side of their voters. The simple language of the book renders it accessible for both experts and the public. |
