Every city, country, every government are sitting on a goldmine of hidden public assets. Professionally managed, these could help pay for our economic challenges from climate, demography and geopolitics. Through better asset and liability management, government revenues can be increased significantly – by several per cent of GDP annually. Dag Detter can... Read more
Every city, country, every government are sitting on a goldmine of hidden public assets. Professionally managed, these could help pay for our economic challenges from climate, demography and geopolitics. Through better asset and liability management, government revenues can be increased significantly – by several per cent of GDP annually.
Dag Detter can help bring about transformative change by reassessing the potential of the commercial assets on the government balance sheet, most notably real estate and government-owned businesses. Dag Detter has unrivalled hands-on experience, backed up by academic data and research, to demonstrate this is an invaluable tool to boost economic growth and diversify the economy.
He will demonstrate the opportunity to improve long-term public finances without cutting public services or increasing taxes.
As President of Stattum, the Swedish government holding company, and a Director at the Ministry of Industry, Dag led the restructuring of the Swedish government’s USD 70 billion portfolio of commercial assets, the first attempt by a European government to systematically address the ownership and management of government enterprises and real estate, which resulted in the value of the portfolio outperforming the local stock market.
Dag Detter has worked in over 30 countries as an investment banker and an advisor and served as Non-Executive Director on a range of boards of private and public companies. Dag Detter is the author of ‘Public Net Worth’ – The Financial Times best summer book of 2024 and ‘The Public Wealth of Nations’ – The Economist’s and Financial Times Book of the Year, and ‘The Public Wealth of Cities’