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What is modern about sovereign wealth funds? A reply to Pete Moore

Author

Listed:
  • Clark Gordon L.

    (Smith School of Enterprise and the Environment, University of Oxford)

  • Dixon Adam D.

    (School of Geographical Science, University of Bristol)

  • Monk Ashby H.B.

    (Global Projects Center, Stanford University)

Abstract

We welcome the opportunity to respond to Pete Moore’s comments on our paper. In doing so, we address the central issue raised by Moore concerning our use of the term “modern” in our analysis of the origin, structure, and management of Gulf states’ sovereign wealth funds. As it turns out, our use of the term modern is complex and multifaceted; we hope to show that the issue raised by Pete Moore runs in a variety of directions and is not so easily resolved, as he suggests.

Suggested Citation

  • Clark Gordon L. & Dixon Adam D. & Monk Ashby H.B., 2013. "What is modern about sovereign wealth funds? A reply to Pete Moore," Business and Politics, De Gruyter, vol. 15(4), pages 561-565, December.
    • Handle: RePEc:bpj:buspol:v:15:y:2013:i:4:p:561-565:n:6
    DOI: 10.1515/bap-2013-0026
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    References listed on IDEAS

    as
    1. Greif,Avner, 2006. "Institutions and the Path to the Modern Economy," Cambridge Books, Cambridge University Press, number 9780521480444.
    2. Clark, Gordon L. & Wojcik, Dariusz, 2007. "The Geography of Finance: Corporate Governance in the Global Marketplace," OUP Catalogue, Oxford University Press, number 9780199213368, Decembrie.
    3. Gordon L. Clark & Adam D. Dixon & Ashby H. B. Monk, 2013. "Sovereign Wealth Funds: Legitimacy, Governance, and Global Power," Economics Books, Princeton University Press, edition 1, volume 1, number 10003.
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