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The transition to national wealth funds

In: The Public Wealth of Nations

Author

Listed:
  • Dag Detter
  • Stefan Fölster

Abstract

Historically, countries have managed their public assets in a fragmented way depending on the nature of the assets or their history. Typically, railways, telecommunications, and other similar assets were controlled through, for example, the ministry of transportation communication, and electricity assets through the ministry of energy and so on. This structure was natural in a centrally planned economy and a market economy when the regulation of a sector and the ownership of the state monopoly assets in the same sector was integrated under the same line ministry.

Suggested Citation

  • Dag Detter & Stefan Fölster, 2015. "The transition to national wealth funds," Palgrave Macmillan Books, in: The Public Wealth of Nations, chapter 0, pages 136-158, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-51986-3_10
    DOI: 10.1057/9781137519863_10
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    Cited by:

    1. Romanowski, Carol & Raj, Rajendra & Schneider, Jennifer & Mishra, Sumita & Shivshankar, Vinay & Ayengar, Srikant & Cueva, Fernando, 2015. "Regional response to large-scale emergency events: Building on historical data," International Journal of Critical Infrastructure Protection, Elsevier, vol. 11(C), pages 12-21.

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