登入選單
返回Google圖書搜尋
其他書名
Managing Financial Flows in the Context of the Sovereign Balance Sheet
出版International Monetary Fund, 2018-02-09
主題Business & Economics / Public FinanceBusiness & Economics / Accounting / FinancialBusiness & Economics / Budgeting
ISBN14843409659781484340967
URLhttp://books.google.com.hk/books?id=sK8ZEAAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋Commodity-based sovereign wealth funds (SWFs) have been at a crossroads following the recent fall in commodity prices. This paper provides a framework for commodity-based SWF management, focusing on stabilization and savings funds, by (i) examining macrofiscal linkages for SWFs; (ii) presenting an integrated sovereign asset and liability management (SALM) approach to SWF management; and (iii) applying this framework to a scenario where assets are being accumulated and to a scenario where the SWF is drawn on to cover a financing gap due to lower commodity prices.