Nations Should Build Up Asset Portfolios

MILAN – Until recently, relatively little attention was paid to states’ balance sheets. Measurement and reporting were neglected. Even today, states’ liabilities receive considerable attention, while their asset sides receive significantly less.

Read more at http://www.project-syndicate.org/commentary/why-states-should-build-asset-portfolios-by-michael-spence#qS0ZfWjfoe6jlUXR.99
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