Norways Trillion Dollar Government Slush Fund
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| Author | : Michael Schemmann |
| Publisher | : |
| Total Pages | : 100 |
| Release | : 2014-10-31 |
| Genre | : |
| ISBN | : 9781503051393 |
The author is a professional Swiss and Canadian commercial and private banker, a university professor of accounting and finance emeritus, and a licensed CPA in the State of Washington. He has written extensively on issues of accounting, money and banking throughout his long career."Norway's Trillion Dollar Government Slush Fund, is a provocative title representing fairly the reality, "for words ought to be a little wild, for they are the assaults of thoughts on the unthinking." (John Maynard Keynes) The book may help to wake up the Norwegian people, the Storting, and last not least the Government of Norway and its Minister(s) of Finance to rethink the purpose and market risks of the currently (October 2014) NOK 5.7 trillion Sovereign Wealth Fund, and who if anyone has the right to speak for the unborn children and grandchildren of future generations who are the proposed beneficiaries of the fund, if that fund's wealth is still intact when they are here. The author's predictions - based on the fund manager's maverick style and misconceptions, the world's financial history, and his personal experience as a commercial & investment banker and public accountant - are that the fund will be flat, if not lost and worthless, in the rather near future. Arguments in support of the findings are made in the book, along with many charts and citations. The final analysis suggests a liquidation and distribution of the Government Pension Fund Global, as Norway's sovereign wealth fund is known, and to bring the money home where it came from, tax-free of course, at least for those people of Norway who feel micro-mismanaged by their government and wish to take the management of their wealth into their own hands, according to their own plans and priorities that may consider the future of their children and grandchildren.
| Author | : Paul Cleary |
| Publisher | : Biteback Publishing |
| Total Pages | : 173 |
| Release | : 2016-09-02 |
| Genre | : Business & Economics |
| ISBN | : 1785901303 |
For most of its history, the remote and near-Arctic nation of Norway has eked out a marginal existence from fishing, forestry and shipping. That is, until Christmas Eve 1969, when oil was discovered off its southern coast. Rather than squandering the profits (as the UK did with its North Sea oil), when the revenue began flowing, Norway put in place the most robust and visionary framework for extracting maximum benefit from non-renewable resources found anywhere in the world. Less than twenty years after the country began investing in what is now called the Government Pension Fund, Norway has the largest sovereign wealth fund in the world, with assets of US$870 billion. What's more, the fund is on track to hit the US$1 trillion mark by 2020. Not only is every Norwegian now a (krone) millionaire and enjoying the highest standard of living in the world, they will be able to hand down this endowment to their children and grandchildren. Norway's savings strategy means that it has taken a non-renewable resource and turned it into a financial asset that can last long after the oil wealth has been completely exhausted. This is the story of how they did it.
| Author | : Bradley Hope |
| Publisher | : Hachette Books |
| Total Pages | : 395 |
| Release | : 2018-09-18 |
| Genre | : Business & Economics |
| ISBN | : 0316436488 |
Named a Best Book of 2018 by the Financial Times and Fortune, this "thrilling" (Bill Gates) New York Times bestseller exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, Billion Dollar Whale is "an epic tale of white-collar crime on a global scale" (Publishers Weekly), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. Billion Dollar Whale has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.
| Author | : Daniel Jonathan Clarke |
| Publisher | : Oxford University Press |
| Total Pages | : 154 |
| Release | : 2016 |
| Genre | : Business & Economics |
| ISBN | : 0198785577 |
This is an open access title available under the terms of a CC BY 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Dull Disasters? shows how countries and their partners can better prepare for natural disasters such as typhoons, earthquakes, floods, and drought. By harnessing lessons from finance, political science, economics, psychology, and the naturalsciences, it is possible for governments, civil society, private firms, and international organizations to work together to achieve better preparedness, thereby reducing the risks to people and economies and enablingquicker recoveries. In this way, responses to disasters become less emotional, less political, less headline-grabbing, and more business as usual and effective.
| Author | : James Lankford |
| Publisher | : Createspace Independent Publishing Platform |
| Total Pages | : 146 |
| Release | : 2017-02-27 |
| Genre | : |
| ISBN | : 9781544159768 |
Many of the photos were removed due to copyright restrictions. Welcome to the first annual release of the Federal Fumbles report! Our national debt is careening toward $19 trillion (yes, that is a 19 followed by 12 zeros), and federal regulations are expanding at a record pace. Meanwhile families struggle to get home loans, and small businesses struggle to make ends meet. States are constantly handed unfunded mandates and executive fiats that they are forced to implement with minimal direction and no way to pay for them. I present this report as a demonstration of ways we can cut back on wasteful federal spending and burdensome regulations to help families, small businesses, and our economy begin to get out from under the weight of federal stagnation. Cited here are not only prime examples of wasteful spending, but also federal departments or agencies that regulate outside the scope of the federal government's constitutional role. I firmly believe my staff and I have the obligation to solve the troubles of our nation, not just complain, which is why for every problem identified, you will also find a recommended solution. There is a way to eliminate wasteful, ineffective, or duplicative program spending; develop oversight methods to prevent future waste; and find ways to get us back on track.
| Author | : J. Edgardo Campos |
| Publisher | : World Bank Publications |
| Total Pages | : 484 |
| Release | : 2007-04-04 |
| Genre | : Business & Economics |
| ISBN | : 0821367269 |
Corruption... How can policymakers and practitioners better comprehend the many forms and shapes that this socialpandemic takes? From the delivery of essential drugs, the reduction in teacher absenteeism, the containment of illegal logging, the construction of roads, the provision of water andelectricity, the international trade in oil and gas, the conduct of public budgeting and procurement, and the management of public revenues, corruption shows its many faces. 'The Many Faces of Corruption' attempts to bring greater clarity to the often murky manifestations of this virulent and debilitating social disease. It explores the use of prototype road maps to identify corruption vulnerabilities, suggests corresponding 'warning signals,' and proposes operationally useful remedial measures in each of several selected sectors and for a selected sampleof cross cutting public sector functions that are particularlyprone to corruption and that are critical to sector performance.Numerous technical experts have come together in this effort to develop an operationally useful approach to diagnosing and tackling corruption. 'The Many Faces of Corruption' is an invaluable reference for policymakers, practitioners, andresearchers engaged in the business of development.
| Author | : Diane Coyle |
| Publisher | : MIT Press |
| Total Pages | : 276 |
| Release | : 1999 |
| Genre | : Business & Economics |
| ISBN | : 9780262531665 |
1. The Weightless World -- 2. Where Have All The Jobs Gone? -- 3. Weightless Work -- 4. Nourishing the Grass Roots -- 5. Fear of Flexibility -- 6. The End of Welfare -- 7. The Ageing of Nations -- 8. Globalism and Globaloney -- 9. Visible and Invisible Cities -- 10. Weightless Government.
| Author | : Michael C. Ruppert |
| Publisher | : New Society Publisher |
| Total Pages | : 773 |
| Release | : 2004-09-15 |
| Genre | : Political Science |
| ISBN | : 1550923188 |
The acclaimed investigative reporter and author of Confronting Collapse examines the global forces that led to 9/11 in this provocative exposé. The attacks of September 11, 2001 were accomplished through an amazing orchestration of logistics and personnel. Crossing the Rubicon examines how such a conspiracy was possible through an interdisciplinary analysis of petroleum, geopolitics, narco-traffic, intelligence and militarism—without which 9/11 cannot be understood. In reality, 9/11 and the resulting "War on Terror" are parts of a massive authoritarian response to an emerging economic crisis of unprecedented scale. Peak Oil—the beginning of the end for our industrial civilization—is driving the elites of American power to implement unthinkably draconian measures of repression, warfare and population control. Crossing the Rubicon is more than a story of corruption and greed. It is a map of the perilous terrain through which we are all now making our way.
| Author | : Freedom House |
| Publisher | : Rowman & Littlefield |
| Total Pages | : 924 |
| Release | : 2006 |
| Genre | : Political Science |
| ISBN | : 9780742558038 |
Freedom in the World, the Freedom House flagship survey whose findings have been published annually since 1972, is the standard-setting comparative assessment of global political rights and civil liberties. The survey ratings and narrative reports on 192 countries and a group of select territories are used by policy makers, the media, international corporations, and civic activists and human rights defenders to monitor trends in democracy and track improvements and setbacks in freedom worldwide. Press accounts of the survey findings appear in hundreds of influential newspapers in the United States and abroad and form the basis of numerous radio and television reports. The Freedom in the World political rights and civil liberties ratings are determined through a multi-layered process of research and evaluation by a team of regional analysts and eminent scholars. The analysts used a broad range of sources of information, including foreign and domestic news reports, academic studies, nongovernmental organizations, think tanks, individual professional contacts, and visits to the region, in conducting their research. The methodology of the survey is derived in large measure from the Universal Declaration of Human Rights, and these standards are applied to all countries and territories, irrespective of geographical location, ethnic or religious composition, or level of economic development.
| Author | : Christopher Barr |
| Publisher | : CIFOR |
| Total Pages | : 120 |
| Release | : 2010-01-01 |
| Genre | : Forest management |
| ISBN | : 6028693138 |
