Citizens' Wealth
Why (and How) Sovereign Funds Should be Managed by the People for the People
Business & Finance, Business Reference, Government & Business, Economics, International Economics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
| Author: | Angela Cummine | ISBN: | 9780300222111 |
| Publisher: | Yale University Press | Publication: | September 27, 2016 |
| Imprint: | Yale University Press | Language: | English |
| Author: | Angela Cummine |
| ISBN: | 9780300222111 |
| Publisher: | Yale University Press |
| Publication: | September 27, 2016 |
| Imprint: | Yale University Press |
| Language: | English |
In 2006, Chile teemed with protesters after finance minister Andrés Velasco invested budget surpluses from the nation’s historic copper boom in two Sovereign Wealth Funds. A year later, when prices plummeted and unemployment soared, Chile’s government was able to stimulate recovery by drawing on the funds.
In 2006, Chile teemed with protesters after finance minister Andrés Velasco invested budget surpluses from the nation’s historic copper boom in two Sovereign Wealth Funds. A year later, when prices plummeted and unemployment soared, Chile’s government was able to stimulate recovery by drawing on the funds.
