GEOG 130 Lecture Notes - Lecture 26: China Investment Corporation, Online Public Access Catalog, Sustainable Development
6 May 2019
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Similarities between both economic crisis, but there were some differences. Yes, resources come from developing countries and prices on those can change. Sovereign wealth funds : many foreign governments have created funds to buy assets around the world. Buying things like banks, the stock exchange, energy companies, ports. Megafunds have been created from oil and trade surplus. Opac and china are influencing the developed countries. Use investments to support and diversify their economies in case their output from oil ends. Investment pools are equal to or even bigger than the largest pension and private-equity fund in the us. Example: abu dhabi investment fund in november 2007. Natural resource: anything created through natural processes (limited and non- recyclable) that people use and value. Non-renewable: form so slowly that for practical purposes, they can be replaced when used. Explain which resources is more valuable: non-renewable. Many renewable resources we could not live without.
