Sovereign Wealth and Pension Fund Issues: = Problèmes soulevés par les fonds souverains et les fonds de pensions
Sovereign Wealth Funds (SWFs) are pools of assets owned and managed directly or indirectly by governments to achieve national objectives. These funds have raised concerns about: (i) financial stability, (ii) corporate governance and (iii) political interference and protectionism. At the same time go...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2008
|
| Schriftenreihe: | OECD Working Papers on Insurance and Private Pensions
no.14 |
| Schlagworte: | |
| Online-Zugang: | DE-862 DE-863 |
| Zusammenfassung: | Sovereign Wealth Funds (SWFs) are pools of assets owned and managed directly or indirectly by governments to achieve national objectives. These funds have raised concerns about: (i) financial stability, (ii) corporate governance and (iii) political interference and protectionism. At the same time governments have formed other large pools of capital to finance public pension systems, i.e. Public Pension Reserve Funds (PPRFs). SWFs are set up to diversify and improve the return on foreign exchange reserves or commodity revenue, and to shield the domestic economy from fluctuations in commodity prices. PPRFs are set up to contribute to financing pay-as-you-go pension plans. The total of SWF pools is estimated at around USD 2.6 trillion in 2006/7, and is getting bigger rapidly, owing to current exchange rate policies and oil prices. The total amount for PPRFs is even larger, around USD 4.4 trillion in 2006/7, if the US Trust Fund is included (USD 2.2 trillion if excluded). SWFs and PPRFs share some characteristics, hence give rise to similar concerns. However, their objectives, investment strategies, sources of funding and transparency requirements differ. There is concern about strategic and political objectives of SWFs, and their impact on exchange rates and asset prices. But SWFs also provide mechanisms for breaking up concentrations of portfolios that increase risk. Enhancing governance and transparency of SWFs is important, but such considerations have to be weighed against commercial objectives. |
| Beschreibung: | 1 Online-Ressource (17 Seiten) 21 x 29.7cm. |
Internformat
MARC
| LEADER | 00000cam a22000002 4500 | ||
|---|---|---|---|
| 001 | ZDB-13-SOC-061303607 | ||
| 003 | DE-627-1 | ||
| 005 | 20241028114349.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 210204s2008 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1787/243287223503 |2 doi | |
| 035 | |a (DE-627-1)061303607 | ||
| 035 | |a (DE-599)KEP061303607 | ||
| 035 | |a (FR-PaOEC)243287223503 | ||
| 035 | |a (DE-627-1)061303607 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 084 | |a G18 |2 jelc | ||
| 084 | |a G28 |2 jelc | ||
| 084 | |a G23 |2 jelc | ||
| 084 | |a E58 |2 jelc | ||
| 100 | 1 | |a Blundell-Wignall, Adrian |e VerfasserIn |4 aut | |
| 245 | 1 | 0 | |a Sovereign Wealth and Pension Fund Issues |b = Problèmes soulevés par les fonds souverains et les fonds de pensions |c Adrian, Blundell-Wignall, Yu-Wei, Hu and Juan, Yermo |
| 246 | 3 | 1 | |a Problèmes soulevés par les fonds souverains et les fonds de pensions |
| 264 | 1 | |a Paris |b OECD Publishing |c 2008 | |
| 300 | |a 1 Online-Ressource (17 Seiten) |c 21 x 29.7cm. | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Working Papers on Insurance and Private Pensions |v no.14 | |
| 520 | |a Sovereign Wealth Funds (SWFs) are pools of assets owned and managed directly or indirectly by governments to achieve national objectives. These funds have raised concerns about: (i) financial stability, (ii) corporate governance and (iii) political interference and protectionism. At the same time governments have formed other large pools of capital to finance public pension systems, i.e. Public Pension Reserve Funds (PPRFs). SWFs are set up to diversify and improve the return on foreign exchange reserves or commodity revenue, and to shield the domestic economy from fluctuations in commodity prices. PPRFs are set up to contribute to financing pay-as-you-go pension plans. The total of SWF pools is estimated at around USD 2.6 trillion in 2006/7, and is getting bigger rapidly, owing to current exchange rate policies and oil prices. The total amount for PPRFs is even larger, around USD 4.4 trillion in 2006/7, if the US Trust Fund is included (USD 2.2 trillion if excluded). SWFs and PPRFs share some characteristics, hence give rise to similar concerns. However, their objectives, investment strategies, sources of funding and transparency requirements differ. There is concern about strategic and political objectives of SWFs, and their impact on exchange rates and asset prices. But SWFs also provide mechanisms for breaking up concentrations of portfolios that increase risk. Enhancing governance and transparency of SWFs is important, but such considerations have to be weighed against commercial objectives. | ||
| 650 | 4 | |a Finance and Investment | |
| 700 | 1 | |a Hu, Yu-Wei |e MitwirkendeR |4 ctb | |
| 700 | 1 | |a Yermo, Juan |e MitwirkendeR |4 ctb | |
| 966 | 4 | 0 | |l DE-862 |p ZDB-13-SOC |q FWS_PDA_SOC |u https://doi.org/10.1787/243287223503 |m X:OECD |x Resolving-System |z lizenzpflichtig |3 Volltext |
| 966 | 4 | 0 | |l DE-863 |p ZDB-13-SOC |q FWS_PDA_SOC |u https://doi.org/10.1787/243287223503 |m X:OECD |x Resolving-System |z lizenzpflichtig |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 912 | |a ZDB-13-SOC-ebook | ||
| 912 | |a ZDB-13-SOC | ||
| 951 | |a BO | ||
| 912 | |a ZDB-13-SOC | ||
| 049 | |a DE-862 | ||
| 049 | |a DE-863 | ||
Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-13-SOC-061303607 |
|---|---|
| _version_ | 1826942522176307201 |
| adam_text | |
| any_adam_object | |
| author | Blundell-Wignall, Adrian |
| author2 | Hu, Yu-Wei Yermo, Juan |
| author2_role | ctb ctb |
| author2_variant | y w h ywh j y jy |
| author_facet | Blundell-Wignall, Adrian Hu, Yu-Wei Yermo, Juan |
| author_role | aut |
| author_sort | Blundell-Wignall, Adrian |
| author_variant | a b w abw |
| building | Verbundindex |
| bvnumber | localFWS |
| collection | ZDB-13-SOC ZDB-13-SOC-ebook |
| ctrlnum | (DE-627-1)061303607 (DE-599)KEP061303607 (FR-PaOEC)243287223503 |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03055cam a22004332 4500</leader><controlfield tag="001">ZDB-13-SOC-061303607</controlfield><controlfield tag="003">DE-627-1</controlfield><controlfield tag="005">20241028114349.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">210204s2008 xx |||||o 00| ||eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/243287223503</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627-1)061303607</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP061303607</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(FR-PaOEC)243287223503</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627-1)061303607</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">G18</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">G28</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">G23</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">E58</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Blundell-Wignall, Adrian</subfield><subfield code="e">VerfasserIn</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Sovereign Wealth and Pension Fund Issues</subfield><subfield code="b"> = Problèmes soulevés par les fonds souverains et les fonds de pensions</subfield><subfield code="c">Adrian, Blundell-Wignall, Yu-Wei, Hu and Juan, Yermo</subfield></datafield><datafield tag="246" ind1="3" ind2="1"><subfield code="a">Problèmes soulevés par les fonds souverains et les fonds de pensions</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2008</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (17 Seiten)</subfield><subfield code="c">21 x 29.7cm.</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">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Working Papers on Insurance and Private Pensions</subfield><subfield code="v">no.14</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Sovereign Wealth Funds (SWFs) are pools of assets owned and managed directly or indirectly by governments to achieve national objectives. These funds have raised concerns about: (i) financial stability, (ii) corporate governance and (iii) political interference and protectionism. At the same time governments have formed other large pools of capital to finance public pension systems, i.e. Public Pension Reserve Funds (PPRFs). SWFs are set up to diversify and improve the return on foreign exchange reserves or commodity revenue, and to shield the domestic economy from fluctuations in commodity prices. PPRFs are set up to contribute to financing pay-as-you-go pension plans. The total of SWF pools is estimated at around USD 2.6 trillion in 2006/7, and is getting bigger rapidly, owing to current exchange rate policies and oil prices. The total amount for PPRFs is even larger, around USD 4.4 trillion in 2006/7, if the US Trust Fund is included (USD 2.2 trillion if excluded). SWFs and PPRFs share some characteristics, hence give rise to similar concerns. However, their objectives, investment strategies, sources of funding and transparency requirements differ. There is concern about strategic and political objectives of SWFs, and their impact on exchange rates and asset prices. But SWFs also provide mechanisms for breaking up concentrations of portfolios that increase risk. Enhancing governance and transparency of SWFs is important, but such considerations have to be weighed against commercial objectives.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Finance and Investment</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Hu, Yu-Wei</subfield><subfield code="e">MitwirkendeR</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Yermo, Juan</subfield><subfield code="e">MitwirkendeR</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="966" ind1="4" ind2="0"><subfield code="l">DE-862</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="q">FWS_PDA_SOC</subfield><subfield code="u">https://doi.org/10.1787/243287223503</subfield><subfield code="m">X:OECD</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">lizenzpflichtig</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="4" ind2="0"><subfield code="l">DE-863</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="q">FWS_PDA_SOC</subfield><subfield code="u">https://doi.org/10.1787/243287223503</subfield><subfield code="m">X:OECD</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">lizenzpflichtig</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC-ebook</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">BO</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-862</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
| id | ZDB-13-SOC-061303607 |
| illustrated | Not Illustrated |
| indexdate | 2025-03-18T14:29:20Z |
| institution | BVB |
| language | English |
| open_access_boolean | |
| owner | DE-862 DE-BY-FWS DE-863 DE-BY-FWS |
| owner_facet | DE-862 DE-BY-FWS DE-863 DE-BY-FWS |
| physical | 1 Online-Ressource (17 Seiten) 21 x 29.7cm. |
| psigel | ZDB-13-SOC FWS_PDA_SOC ZDB-13-SOC ZDB-13-SOC-ebook |
| publishDate | 2008 |
| publishDateSearch | 2008 |
| publishDateSort | 2008 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Working Papers on Insurance and Private Pensions |
| spelling | Blundell-Wignall, Adrian VerfasserIn aut Sovereign Wealth and Pension Fund Issues = Problèmes soulevés par les fonds souverains et les fonds de pensions Adrian, Blundell-Wignall, Yu-Wei, Hu and Juan, Yermo Problèmes soulevés par les fonds souverains et les fonds de pensions Paris OECD Publishing 2008 1 Online-Ressource (17 Seiten) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Working Papers on Insurance and Private Pensions no.14 Sovereign Wealth Funds (SWFs) are pools of assets owned and managed directly or indirectly by governments to achieve national objectives. These funds have raised concerns about: (i) financial stability, (ii) corporate governance and (iii) political interference and protectionism. At the same time governments have formed other large pools of capital to finance public pension systems, i.e. Public Pension Reserve Funds (PPRFs). SWFs are set up to diversify and improve the return on foreign exchange reserves or commodity revenue, and to shield the domestic economy from fluctuations in commodity prices. PPRFs are set up to contribute to financing pay-as-you-go pension plans. The total of SWF pools is estimated at around USD 2.6 trillion in 2006/7, and is getting bigger rapidly, owing to current exchange rate policies and oil prices. The total amount for PPRFs is even larger, around USD 4.4 trillion in 2006/7, if the US Trust Fund is included (USD 2.2 trillion if excluded). SWFs and PPRFs share some characteristics, hence give rise to similar concerns. However, their objectives, investment strategies, sources of funding and transparency requirements differ. There is concern about strategic and political objectives of SWFs, and their impact on exchange rates and asset prices. But SWFs also provide mechanisms for breaking up concentrations of portfolios that increase risk. Enhancing governance and transparency of SWFs is important, but such considerations have to be weighed against commercial objectives. Finance and Investment Hu, Yu-Wei MitwirkendeR ctb Yermo, Juan MitwirkendeR ctb |
| spellingShingle | Blundell-Wignall, Adrian Sovereign Wealth and Pension Fund Issues = Problèmes soulevés par les fonds souverains et les fonds de pensions Finance and Investment |
| title | Sovereign Wealth and Pension Fund Issues = Problèmes soulevés par les fonds souverains et les fonds de pensions |
| title_alt | Problèmes soulevés par les fonds souverains et les fonds de pensions |
| title_auth | Sovereign Wealth and Pension Fund Issues = Problèmes soulevés par les fonds souverains et les fonds de pensions |
| title_exact_search | Sovereign Wealth and Pension Fund Issues = Problèmes soulevés par les fonds souverains et les fonds de pensions |
| title_full | Sovereign Wealth and Pension Fund Issues = Problèmes soulevés par les fonds souverains et les fonds de pensions Adrian, Blundell-Wignall, Yu-Wei, Hu and Juan, Yermo |
| title_fullStr | Sovereign Wealth and Pension Fund Issues = Problèmes soulevés par les fonds souverains et les fonds de pensions Adrian, Blundell-Wignall, Yu-Wei, Hu and Juan, Yermo |
| title_full_unstemmed | Sovereign Wealth and Pension Fund Issues = Problèmes soulevés par les fonds souverains et les fonds de pensions Adrian, Blundell-Wignall, Yu-Wei, Hu and Juan, Yermo |
| title_short | Sovereign Wealth and Pension Fund Issues |
| title_sort | sovereign wealth and pension fund issues problemes souleves par les fonds souverains et les fonds de pensions |
| title_sub | = Problèmes soulevés par les fonds souverains et les fonds de pensions |
| topic | Finance and Investment |
| topic_facet | Finance and Investment |
| work_keys_str_mv | AT blundellwignalladrian sovereignwealthandpensionfundissuesproblemessoulevesparlesfondssouverainsetlesfondsdepensions AT huyuwei sovereignwealthandpensionfundissuesproblemessoulevesparlesfondssouverainsetlesfondsdepensions AT yermojuan sovereignwealthandpensionfundissuesproblemessoulevesparlesfondssouverainsetlesfondsdepensions AT blundellwignalladrian problemessoulevesparlesfondssouverainsetlesfondsdepensions AT huyuwei problemessoulevesparlesfondssouverainsetlesfondsdepensions AT yermojuan problemessoulevesparlesfondssouverainsetlesfondsdepensions |