Books Business, Finance & Law The Shadow Market: How Sovereign Wealth Funds Secretly Dominate The Global Economy

The Shadow Market: How Sovereign Wealth Funds Secretly Dominate The Global Economy.pdf

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Read online or download a free book: The Shadow Market: How Sovereign Wealth Funds Secretly Dominate The Global Economy

Pages: 320

Language: English

Publisher: Oneworld Publications (1 Sept. 2011)

By: Eric J. Weiner(Author)

Book format: pdf doc docx mobi djvu epub ibooks (*An electronic version of a printed book that can be read on a computer or handheld device designed specifically for this purpose.)

The most potent force in global commerce today isn’t Wall Street, the multinational banks, or the governments of the G7 countries. In this brilliant and startling investigation, acclaimed business reporter Eric J. Weiner uncovers the real powers guiding our shaky recovery from the worldwide financial crisis and shaping the economy of our future.
Taking advantage of the current recession and the liquidity problems in the United States and Europe, cash-flush nations such as China, Abu Dhabi, Singapore, Saudi Arabia, and even Norway are using sovereign wealth funds and other investment vehicles to secure major holdings in multinational corporations as well as massive tracts of farmland and natural resources.
This is the Shadow Market, quietly controlling political agendas as well as the flow of capital in the West – and assembling gigantic investment portfolios that will form the power structure of tomorrow’s economy.

“An eye-opener… A revealing – and troubling – overview of the uses of money and power at the international level.” (Kirkus Reviews)"Informative, admirably lucid..." (Publishers Weekly)"Weiner out-hustles the global influence peddlers." (Vanity Fair)"Alarming… A bleak survey of how flush authoritarian governments deploy financial means to achieve geopolitical ends." (Bloomberg BusinessWeek)"Disturbing… Weiner succeeds in making the case that something fundamental has changed in the world with the rise of Eastern and Middle Eastern economies, and that is worth paying attention to." (New York Times Book Review)"Remarkable" (Financial Times)" Highly informative and genuinely startling, Eric J. Weiner's account of the shift of global power is a wake-up call… A must-read for anyone interested in the future of the global economy or how and where to invest your money." (The Market)"Highly informative and genuinely startling, Eric J. Weiner's account of the shift of global power is a wake-up call… A must-read for anyone interested in the future of the global economy or how and where to invest your money." (The Market)


Read online or download a free book: The Shadow Market: How Sovereign Wealth Funds Secretly Dominate The Global Economy.pdf

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Customer reviews:

  • By Mash on 13 May 2017

    The author crowbars all sorts of concepts into the term "shadow market". Apparently this covers, not only SWFs, PE funds and hedge funds (which are not discussed in detail), but also general geopolitical, economic and diplomatic trends. It's all interesting stuff, but the whole lacks coherency and comes across as a long-winded list of examples of how money in the East buys influence in/over the West. Probably not the best use of your time.

  • By Guest on 24 July 2016

    I have wanted to know more about Sovereign Wealth Funds for awhile, unfortunately there are very few books on the subject. Therefore I bought this book excited to hopefully find out more about what SWF's are doing to nation's economies. At times this book provided some really insightful moments, such as SWF's impact of the London housing market. Unfortunately this is rare.This book frustrated me as I couldn't tell exactly why the author dislikes SWF's (although it is very obvious he dislikes them). The author goes from socialist, disliking Wealth Fund's for their vaste accumulation of wealth. The author will then often turn vere nationalist/fascist, complaining about Asian wealth funds and how they damage the USA.

  • By Gordon Ross on 11 August 2011

    A fascinating book detailing the tectonic shift in the world's economic power.Money, power and influence are shifting from Wall Street, the multinational banks and the G7.The new economic powerhouses look set to be the BRIC countries and other emerging economies. The new big investors are not the banks of the G7 countries, but rather, a multi-trillion-dollar network of super-rich, secretive, and largely unregulated investment vehicles--foreign sovereign wealth funds, government-run corporations and private equity funds. Taking advantage of the recession and liquidity problems in the US and Europe, cash-rich nations like China, Singapore, Saudi Arabia and Norway are using their sovereign wealth funds to buy up major stakes in multinational corporations, farmland and natural resources.Highly informative and genuinely startling, Eric J. Weiner's up-to-date account of the shift of global power is a wake up call for politicians and investors in Europe and the US. The Shadow Market moves the conversation from "international competition" to "global financial warfare," and is a must-read for anyone interested in the future of the global economy or how and where to invest your money today.The book is well researched, full of interesting facts and observations. There is an extensive bibliography for further reading.Eric J. Wiener is a business and economics writer. He has written for the Wall Street Journal, The Los Angeles Times and many other publications.

  • By Edward A. Thomson on 27 November 2011

    I'll have to admit that a lot of the arguments were not new to me, a lot of the time I found myself nodding to the conclusions that Weiner was drawing. There are a lot of interesting facts, quotes and anecdotes. The overall picture that Weiner is painting is that of the decline of the west and, perhaps, at least according to Weiner, the decline of corporate entities ruling the world. In the place of Western corporations ruling the roost, the author argues that global economic power is moving east and that governments (also read as: sovereign states) will dominate the future path of the global economy. This isn't news to me. I can't say I desperately like the thought but it seems like economic reality, those holding all the power will be the ones that provide the most credit.The book is highly readable, there is no complex analysis / mathematics or abstruse lingo. I doubt anyone would need a deep background in economics either. If you've read economic articles on any popular news website then you'd find this as easy to read, if not more so. The author combines a little bit of recent history (mostly from the 2008 crash but includes references to older events, as you'd expect) as well as his expectations of where he thinks the world is heading. The arguments are well sourced and backed up with data. As I've said, some conclusions were already something I believed but I did check the data he provided for the Chinese government's amount of credit.I think there are a few facts in here that will shock many. A fascinating read.

  • By vizer on 18 March 2014

    Eric Weiner throws light on global economics and politics shift. i bought this book 4 years ago when it is said that money gives you a voice, it is true. in a book shop but made the mistake of throwing it away after i i felt i was fed up of the contents. i regreted throwing it away and now i have bought it again because i believe there are some world afairs events that i beleved one needs to be informed of and stay current that lies in the book. I have read it and will be keeping this copy in my library

  • By AbdulMalikOmar on 8 July 2012

    If you fancy the likes of Currency Wars, Lexus and the Olive tree, More Money than God and Lords of Finance then you will definitely love this book. Buy it and you will have no regret whatsoever for it will reveal to you the ever emerging force of international finance: The Sovereign Wealth Funds.It is money worth spent. 5 out of 5 Stars. *This is my 1st ever amazon review*

  • By Me on 20 December 2013

    First, the book really flows with good examples.But now when I read the book in 2013, 3 years after it was published, it is becoming less relevant. Why? less discussion about the sovereign wealth funds and too much about the world economy. The book deals also with cases like the bailout of Greece, the situation in America....

  • By Alireza Ajam on 7 April 2012

    it gives you a very good insight to the shadow market, and let you know what is going on behind the closed doors! strongly recommended to anyone who is interested in current affairs and politics.

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