The Public Wealth of Nations: How Management of Public Assets Can Boost or Bust Economic Growth
Language: English
Published by Palgrave MacMillan, 2015
- First Edition
- Hardcover
- Used
Seller: Reader's Corner, Inc., Raleigh, NC, U.S.A.Reader's Corner, Inc.
AbeBooks seller since January 11, 2000
Condition: Used - Near fine
£ 11.68
Quantity: 1 available
Add to basketItem description from seller
With underlines on the first page, otherwise a fine hardcover first edition copy in a fine mylar protected DJ, white spine.
Seller Inventory # 083061
- Title
- The Public Wealth of Nations: How Management of Public Assets Can Boost or Bust Economic Growth
- Author
- D. Detter; S. Fölster
- Publisher
- Palgrave MacMillan
- Publication year
- 2015
- Condition
- Near Fine
- Dust jacket
- Fine
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1137519843
- ISBN 13
- 9781137519849
- Edition
- First Edition
- Dimensions
- 8vo - over 7¾" - 9¾" tall
We have spent the last three decades engaged in a pointless and irrelevant debate about the relative merits of privatization or nationalization. We have been arguing about the wrong thing while sitting on a goldmine of assets.
Don’t worry about who owns those assets, worry about whether they are managed effectively.
Why does this matter? Because despite the Thatcher/ Reagan economic revolution, the largest pool of wealth in the world – a global total that is much larger than the world’s total pensions savings, and ten times the total of all the sovereign wealth funds on the planet – is still comprised of commercial assets that are held in public ownership. If professionally managed, they could generate an annual yield of 2.7 trillion dollars, more than current global spending on infrastructure: transport, power, water, and communications.
Based on both economic research and hands-on experience from many countries, the authors argue that publicly owned commercial assets need to be taken out of the direct and distorting control of politicians and placed under professional management in a ‘National Wealth Fund’ or its local government equivalent. Such a move would trigger much-needed structural reforms in national economies, thus resurrect strained government finances, bolster ailing economic growth, and improve the fabric of democratic institutions.
This radical, reforming book was named one of the "Books of the Year".by both the FT and The Economist.
"Synopsis" may belong to another edition of this title.
About the Author
Stefan Fölster is The Managing Director of the Reform Institute (a market-oriented think tank in Stockholm with a focus on innovative reforms). He was previously the Chief Economist for the Confederation of Swedish Enterprise. He has authored many articles and books, for example the recent Renaissance of Reforms published jointly by the IEA and Timbro.
"About the title" may belong to another edition of this title.
Reader's Corner, Inc.
Raleigh, NC, U.S.A.
AbeBooks seller since January 11, 2000
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The Reader's Corner is such fun,it's too bad you have to buy our books on line. We have eight foot tall outside bookshelves across the entire front of the store. There is a money slot in the door for night sales, which go to support National Public Radio. Inside, which can be too crowded at times, are surprisingly good books, only 1% are ever listed on-line. We also sell records, music cd's, comic books, mags, computer software and games. Best of all is the found art decorating every spare spot. The motto on the front door: NO SHOOTING, NO SMOKING, NO MOONING THE MANAGEMENT. …
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Reader's Corner, Inc.
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Visa, Mastercard, Amex, Discover, Paypal or check. Shipping by USPS Priority Mail $6.50 first volume/$4 each add. vol.This is for octavo sized books only, oversize books will be more. USPS bookrate $3.50 first vol/$1.75 each add. vol. (I cover all Dust Jackets with Brodart Mylar protectors).(For EU: Reader's Corner, 3201 Hillsborough Street, Raleigh N.C., 27607, readcorner@aol.com)
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