04543oam 2200493 450 991079074880332120190911112729.0981-4452-48-3(OCoLC)869905597(MiFhGG)GVRL8RCP(EXLCZ)99255000000116829520140409h20142014 uy 0engurun|---uuuuatxtccrEvolving roles of sovereign wealth managers after the financial crisis past, present and future /Bernard Lee, HedgeSPA Pte. Ltd., Singapore & Santa Clara University, California, USANew Jersey :World Scientific,[2014]�20141 online resource (xix, 101 pages) illustrationsGale eBooksDescription based upon print version of record.981-4452-47-5 1-306-18310-3 Includes bibliographical references and index.Preface; Acknowledgments; Contents; List of Figures; List of Tables; 1. Overview; 1.1 Are SWFs Potential Causes for Concern?; 1.2 Research on SWF Investing; 1.3 Implications to Global Imbalances; 1.4 Should there be Structural Solutions prior to Launching Rescue Attempts?; 1.4.1 Restoration of Gold Standard; 1.4.2 "Printing Money" Ad Infinitum; 1.4.3 Issuing an Alternative Trading Currency; 1.5 Can Sovereign Wealth Funds Save the Global Economy?; 1.5.1 SWF Performance Objectives; 1.5.2 Intervening in a Financial Crisis; 1.6 Potential Policy Implications; 1.7 Summary; 2. Past Realities2.1 Brief History of Sovereign Wealth Management2.1.1 General Landscape; 2.1.2 Excess Reserve Accumulation; 2.1.3 "Free" Market Capitalism; 2.1.4 Rescuer of Last Resort; 2.1.5 Alpha and Size; 2.1.6 Non-Investment Considerations; 2.2 Factors Impacting Investing Behavior; 2.2.1 Assets Under Management; 2.2.2 Investment Objectives and Performance Benchmarks; 2.2.3 Constraints and Regulations; 2.2.3.1 Investment Constraints; 2.2.3.2 Regulations; 2.3 Risk and Performance Analysis; 2.3.1 Return Analysis Example - Norway Government Pension Fund; 2.3.2 Risk Analysis Example - Temasek Holdings2.3.3 Practical Allocation Between Active and Passive Portfolios2.4 Summary; 3. Evolving Roles; 3.1 Introduction; 3.1.1 Motivation; 3.1.2 Recap on the Lee (2006) Approach; 3.1.3 Roadmap; 3.2 Abstract Model of Global Economy; 3.2.1 Basic Descriptions; 3.2.2 Country A - Rich in Resources; 3.2.3 Country B - Rich in Labor; 3.2.4 Country C - Rich in Intellectual Properties/Innovation; 3.2.5 Analysis in the Absence of Policy Actions; 3.3 Potential Outcomes of Policy Interventions; 3.3.1 Intervention Policy 1 - Restoration of a Gold Standard3.3.2 Intervention Policy 2 - "Printing Money" Ad Infinitum3.3.3 Intervention Policy 3 - Issuing Alternative Trading Currencies; 3.4 Implications to SWF Investing; 3.4.1 SWF Asset Allocation in Typical Markets; 3.4.2 SWF Allocation under Market in Distress; 3.4.3 SWF Participation in Rescue Efforts; 3.5 Summary; 4. Future Directions; 4.1 Evolving Global Financial Landscape; 4.1.1 Euro Crisis in Slow Motion; 4.1.2 Impacts on Third-Party Bystanders; 4.2 Thinking Ahead; 4.2.1 Scenario 1 - Default of Major Debt Issuer; 4.2.2 Scenario 2 - Mass Hoarding of Commodities4.2.3 Scenario 3 - Conflicts in East Asia4.3 Investment Policy Implications; 4.3.1 Surplus Countries; 4.3.2 Deficit Countries; 4.3.3 New Gold Standard; 4.4 Summary; 5. Conclusions; Bibliography; IndexConsider 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 aSovereign wealth fundsWealthSovereign wealth funds.Wealth.336.15Lee Bernard15549MiFhGGMiFhGGBOOK9910790748803321Evolving roles of sovereign wealth managers after the financial crisis3863980UNINA02498nam 22004333 450 99666285840331620250827080354.03-11-220742-43-11-220735-1(CKB)39324930100041(MiAaPQ)EBC32260994(Au-PeEL)EBL32260994(BIP)120742997(BIP)120743042(EXLCZ)993932493010004120250827d2025 uy 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierStaging the Nation in an Intermediate Space Cultural Policy in Luxembourg and the State Museums (1918-1974)1st ed.Basel/Berlin/Boston :Walter de Gruyter GmbH,2025.©2025.1 online resource (552 pages)Studien Zur Transnationalen Zeitgeschichte Luxemburgs Series ;v.33-11-914743-5 In Luxembourg, the evolution of cultural policy remains underexplored despite its pivotal role in the nation-building process. This book investigates how national cultural policy evolved from the 1920s to the early 1970s, casting Luxembourg as a nationalized intermediate space between French and German influences. Featuring a case study of the history and art section of the State Museums - the precursor to today's Musée national d'archéologie, d'histoire et d'art - the book examines the interplay of structures, actors, and discourses and how a cultural institution was intertwined with cultural policy. The study exposes the tensions between adopting external models, on the one hand, and asserting a distinct national culture amid interventionist policies, on the other hand. By including the occupation period from 1940 to 1944, it illustrates how Nazi policies challenged Luxembourg's nation-building by seeking to integrate it into the Third Reich. Combining theoretical analysis with archival research, this work offers nuanced insights into nation-building processes and is highly relevant for historians, cultural policy scholars, and museum professionals.Studien Zur Transnationalen Zeitgeschichte Luxemburgs Series949.35042Spirinelli Fabio1842964MiAaPQMiAaPQMiAaPQBOOK996662858403316Staging the Nation in an Intermediate Space4423540UNISA