The transition to national wealth funds

Dag Detter and Stefan Fölster

Chapter Chapter 10 in The Public Wealth of Nations, 2015, pp 136-158 from Palgrave Macmillan

Abstract: Abstract Historically, countries have managed their public assets in a fragmented way depending on the nature of the assets or their history. Typically, railways, telecommunications, and other similar assets were controlled through, for example, the ministry of transportation communication, and electricity assets through the ministry of energy and so on. This structure was natural in a centrally planned economy and a market economy when the regulation of a sector and the ownership of the state monopoly assets in the same sector was integrated under the same line ministry.

Keywords: Real Estate; Corporate Governance; Credit Rating; Hedge Fund; Private Equity (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-51986-3_10

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DOI: 10.1057/9781137519863_10

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