COVID-19 Response at

Read what we're doing...

The Public Wealth of Nations


Product Description
Product Details

Table of Contents

1. What can public wealth do for you? 2. Don't rock the boat and the hand that feeds you - the cost of poor management 3. How state run business can ruin the economy and politics 4. The size and potential of public wealth 5. Attempts to reform management of public wealth 6. Active owner or Privatise - Swedish and Asian pioneers vs Thatcher 7. Monetising yields value, and improves democracy as well 8. The anatomy of National Wealth Funds 9. Strategies for creating value 10. We all want to build roads now but can we afford it? 11. How politicians can become consumer advocates instead of quasi-capitalists

Promotional Information

'Public wealth is vast, but largely overlooked as an asset class. Improving its management is one of the most important economic issues of our time. Dag Detter and Stefan Folster shed much light on the subject. One can only hope that their book will kick-start a debate that ushers in better stewardship of state land, buildings, utilities and other assets. The potential gains are enormous.' -Matthew Valencia, The Economist 'At a time of mistrust in traditional politics and weak public finances, Dag Detter and Stefan Folster show politicians the way to demonstrate they are on the side of the people and to manage government assets better. There should be no excuse for those in power to dismiss these ideas.' -Chris Giles, Economics Editor, Financial Times 'Better government handling of public assets is, or should be, a key issue in many countries. With his background as a former Director at the Ministry of Industry and former President of Stattum, the Swedish government holding company, Dag Detter can speak with great authority and depth of practical experience on the alternative approaches which governments might take. The Public Wealth of Nations is an important contribution to a debate of vital concern to governments across the world.' -Lord Sassoon, former Commercial Secretary, HM Treasury 'This provocative book is a wake-up call for governments to become more responsible in managing their citizen's wealth and securing the foundation for future generations.' -Marcel Fratzscher, President of DIW Berlin, Professor at Humboldt-University; Member of the Advisory Council of the Ministry of Economy of Germany "In this important book, the authors convincingly argue using many examples that, like with pension funds or even households, an asset-liability approach is needed for public finance as well. They show that intelligent management of public assets can have a huge impact on government revenues, creating room for tax cuts, and on economic growth.' -Dr. William De Vijlder, Group Chief Economist, BNP Paribas "This important book shows the way forward in turning the latent Public Wealth of Nations into actual riches.' -Willem H. Buiter, Global Chief Economist, Citi

About the Author

Dag Detter is an advisor to investors in Europe and Asia, specialized in identifying under-performing high potential assets. As President of Stattum, the Swedish government holding company, and a Director at the Ministry of Industry, he led the first deep-rooted transformation of state commercial assets. He has worked extensively as an investment banker and advisor within the corporate, real estate and financial sector in Asia and Europe.

Stefan Foelster is The Managing Director of the Reform Institute (a market-oriented think tank in Stockholm with a focus on innovative reforms). He was previously the Chief Economist for the Confederation of Swedish Enterprise. He has authored many articles and books, for example the recent Renaissance of Reforms published jointly by the IEA and Timbro.


"I recommended Detter and Folster's The Public Wealth of Nations, a smart read that pulls data and management strategies from throughout the globe in order to argue for ways we can add value to public assets and hence increase economic growth." (The Philadelphia Citizen,, December, 2016) "Detter (formerly, Swedish Ministry of Industry) and Foelster (Reform Institute, Sweden) contend that democracy works best when governments have little direct access to public wealth. ... The authors present a compelling argument that better management of publicly owned assets would improve economic welfare ... . Summing Up: Highly recommended. Upper-division undergraduates through faculty." (R. E. Schenk, Choice, Vol. 53 (12), August, 2016)

Ask a Question About this Product More...
Write your question below:
Look for similar items by category
How Fishpond Works
Fishpond works with suppliers all over the world to bring you a huge selection of products, really great prices, and delivery included on over 25 million products that we sell. We do our best every day to make Fishpond an awesome place for customers to shop and get what they want — all at the best prices online.
Webmasters, Bloggers & Website Owners
You can earn a 5% commission by selling The Public Wealth of Nations: How Management of Public Assets Can Boost or Bust Economic Growth on your website. It's easy to get started - we will give you example code. After you're set-up, your website can earn you money while you work, play or even sleep! You should start right now!
Authors / Publishers
Are you the Author or Publisher of a book? Or the manufacturer of one of the millions of products that we sell. You can improve sales and grow your revenue by submitting additional information on this title. The better the information we have about a product, the more we will sell!
Item ships from and is sold by Fishpond World Ltd.
Back to top