TY - BOOK AU - Clark, Gordon L. TI - Sovereign wealth funds: legitimacy, governance, and global power SN - 9780691142296 U1 - 332.67/252CLA PY - 2011/// CY - Princeton PB - Princeton University Press KW - Sovereign wealth funds N1 - Includes bibliographical references (pages 173-193) and index N2 - The worldwide rise of sovereign wealth funds is emblematic of the ongoing transformation of nation-state economic prospects. Sovereign Wealth Funds maps the global footprints of these financial institutions, examining their governance and investment management, and issues of domestic and international legitimacy. Through a variety of case studies--from the China Investment Corporation to the funds of several Gulf states--the authors show that the forces propelling the adoption and development of sovereign wealth funds vary by country. The authors also show that many of these investment institutions have identifiable commonalities of form and function that match the core institutions of Western financial markets ER -