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Terms and Conditions for a Romanian Sovereign Wealth Fund

Drãniceanu Doina Ana ()
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Drãniceanu Doina Ana: Head of Training Unit Romanian Court of Accounts

Authors registered in the RePEc Author Service: Daniella Natascha Wondel

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 27-31

Abstract: The sovereign wealth funds (SWF), as investment vehicles with diversified portfolios both at national and international level, have been proliferating especially since mid-2000. This process has accelerated in the context of the 2007-2009 global economic crisis. In their endeavour to provide the economy with the resources necessary to cope with the hardships of the crisis, many countries of the world set up their own SWFs. After an inconclusive try made in 2006, Romania is now in the process of evaluating the opportunities to establish such a SWF, capable to alleviate the developmental pressures caused by insufficient investment. The article aims at offering some suggestions in this respect.

Keywords: economic crisis; investment; Romania; sovereign funds. (search for similar items in EconPapers)
JEL-codes: G28 (search for similar items in EconPapers)
Date: 2015
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