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- DescriptionThe growth of pension funds has been thing short of astromical. Pension funds w dominate the world's financial markets, affecting nations' wealth, community development, and industrial well being. Yet little is kwn about their structure and organization. Pension funds and their agents in the investment industry control ermous sums of money, profoundly affecting the structure and performance of nation-states and the global ecomy. At the same time, it is also apparent that many western governments are retreating from the provision of 'public good' once thought essential to the fabric of urban life. Clark agues that if we are to understand the long-term future of the western ecomies (in general) and our communities (in particular), we need also to understand how institutional investors allocate assets, mobilize funds, and make investment decisions. There are few studies of the relationship between pension funds and the financial services industry. Pension Fund Capitalism fills an important gap in the literature as well as the intersection between pension funds and public policy.
- Author BiographyGordon Clark is Halford Mackinder Professor of Geography and Fellow of St Peter's College, University of Oxford.
- Author(s)Gordon Clark
- PublisherOxford University Press
- Date of Publication09/03/2000
- SubjectFinance & Accounting
- Series TitleOxford Geographical & Environmental Studies
- Place of PublicationOxford
- Country of PublicationUnited Kingdom
- ImprintOxford University Press
- Content NoteIllustrations
- Weight525 g
- Width156 mm
- Height234 mm
- Spine20 mm
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