An Assessment on Sovereign Wealth Funds in the Context of Turkiye Wealth Fund

Yunus ODABAŞ Ahmet Arif EREN
Authors registered in the RePEc Author Service: Daniella Natascha Wondel

Fiscaoeconomia, 2019, issue 1

Abstract: The issue of the economic foundations of the existence of the state is quite controversial. Some economists argue that government intervention is necessary, while for others it is an unnecessary effort. Wealth funds have led to the reemergence of this controversial issue. Wealth funds are generally a state-owned investment instrument established through surplus of payments, formal exchange rate transactions, privatization revenues, government transfer payments, financial surpluses and revenue from natural resource export. Moving from this context, the position of the wealth funds in the historical process, their place in the global economy, exaples from the World wealt fund practices and finally a review of Turkiye Wealth fund will be evaluated comparatively.

Keywords: Sovereign Wealth Funds; Development; Globalization; Turkish Economy (search for similar items in EconPapers)
JEL-codes: F30 F50 F60 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:fis:journl:190105

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