Main Street or Wall Street: Perspectives on Public Investment and Property Management

摘要

There are important reasons why an MPA and an MBA are not completely interchangeable, and frequently public administration scholars and practitioners debate the relevance of corporate sector practices to the government sector. The perspectives of these two books provide an interesting juxtaposition of the relevance of corporate sector practices to the government sector.rnFor the last half century, the investment of public funds has primarily adhered to the concepts of corporate investing. Some government investment managers have become very sophisticated in their portfolio strategies and utilization of swaps and derivative instruments. The common benchmarks for government investment performance are often the same indices that are applied to the corporate sector.