Michael Perelman, quick to cut off any suggestive SWF discussions [not
surprisingly], has come to my rescue. So, I can answer Sabri with my
guess that this is not at all what Vzla would want to do. Rather than
use its rent gains for accumulating foreign ownership claims, vzla's
orientation [exemplified by ALBA] is to engage in solidaristic
relations within Latin America and to support with its funds the
creation of regional institutions [eg., the Bank of the South] that can
challenge imperialist hegemony. This does not exclude its purchase of
bonds from Argentina, Ecuador, Bolivia, etc--- but these are not
commercially oriented transactions. Of course, this is only my guess.
michael
On 29/09/2008 11:22 PM, Michael Perelman wrote:
sovereign wealth fund.
On Mon, Sep 29, 2008 at 10:45:29PM -0430, michael a. lebowitz wrote:
Gulp! I confess to my general ignorance. Firstly, you obviously aren't
looking to give a hand to start a single white female, but what you do have
in mind escapes me. (Do I get any points for guessing 'Fund'?) As for any
interest in Vzla, if it doesn't have something to do with the November
regional elections, no one here will pay any attention.
cheers,
michael
On 29/09/2008 7:35 PM, Sabri Oncu wrote:
Michael L.,
Do you think Venezuela would be interested in starting an SWF? As I
said, if they are interested, I would be very happy to give a hand!
Let me know if you know the answer, please.
Best,
Sabri
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Michael A. Lebowitz
Professor Emeritus
Economics Department
Simon Fraser University
Burnaby, B.C., Canada V5A 1S6
Director, Programme in 'Transformative Practice and Human Development'
Centro Internacional Miranda, P.H.
Residencias Anauco Suites, Parque Central, final Av. Bolivar
Caracas, Venezuela
fax: 0212 5768274/0212 5777231
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Michael A. Lebowitz
Professor Emeritus
Economics Department
Simon Fraser University
Burnaby, B.C., Canada V5A 1S6
Director, Programme in 'Transformative Practice and Human Development'
Centro Internacional Miranda, P.H.
Residencias Anauco Suites, Parque Central, final Av. Bolivar
Caracas, Venezuela
fax: 0212 5768274/0212 5777231
http//:centrointernacionalmiranda.gob.ve
[EMAIL PROTECTED]
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