ENGLISH

The Shadow Market: How Sovereign Wealth Funds Secretly Dominate the Global Economy

By Eric J. Weiner

Book information

Publisher
Simon and Schuster
Year
2011
ISBN
9781851688722, 9781439121313, 2010029336, 9781439109151, 1851688722
Language
english
Format
EPUB
Filesize
2 MB (2114049 bytes)
Pages
320\0
Library
Mobilism
Time added
2022-10-24 13:10:49

Description

Inside the super-rich, super-secretive, unregulated funds that are wresting control of world finance The most potent force in global commerce today isn’t Wall Street, the multinational banks, or the governments of the G7 countries. In this brilliant and startling investigation, acclaimed business reporter Eric J. Weiner uncovers the real powers guiding our shaky recovery from the worldwide financial crisis and shaping the economy of our future. Taking advantage of the current recession and the liquidity problems in the United States and Europe, cash-flush nations such as China, Abu Dhabi, Singapore, Saudi Arabia, and even Norway are using sovereign wealth funds and other investment vehicles to secure major holdings in multinational corporations as well as massive tracts of farmland and natural resources. This is the Shadow Market, quietly controlling political agendas as well as the flow of capital in the West – and assembling gigantic investment portfolios that will form the power structure of tomorrow’s economy.

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