Sovereign Wealth Funds: Continuation and Proliferation of a State of Exception

Yavuz YAYLA

doi:https://doi.org/10.25295/fsecon.2019.01.004

Makale detayları

Sovereign Wealth Funds: Continuation and Proliferation of a State of Exception

Yazarlar:

Yavuz YAYLA

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Sosyal Bilimler

Dergi:

Fiscaoeconomia 2019 Vol.3 Issue 1, pp.115-133

Belge Tipi:

Makale

Yayın Tarihi:

1/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000710697

Sıklık:

Üç Yıllık

eISSN:

2564-7504

DOI:

https://doi.org/10.25295/fsecon.2019.01.004

Özet:

 

One of the most controversial financial tool that has been come into the agenda in recent years is the Sovereign Wealth Funds (SWF) reached globally USD 7 trillion 450 billion and it reached USD 40 billion in our country. The SWFs which are formed on account of certain macroeconomic and microeconomic causes, are at the position to affect either domestic or international economics. These funds are generally formed through budget surpluses or the revenue to be gained from natural sources such as oil. The most important discussion and critics on the SWFs is the formation of these funds with public resources. Especially, the countries having not export surplus or natural resource revenue recently started to form these funds. 

In this paper, we will have a look on economic and political developments of the SWF since 1816 when the Crédit Mobilier was formed until today. Additionally, the aims of formation, functions, resources and audit of the SWFs will be considered. Finally, the properties of the sovereign wealth fund to be formed in Turkey will be examined to figure out the advantageous and disadvantageous it may cause for the economics.

Makale detayları

Sovereign Wealth Funds: Continuation and Proliferation of a State of Exception

Yazarlar: Yavuz YAYLA

Yayıncı: Ahmet Arif EREN

Ana Başlıklar: Sosyal Bilimler

Dergi: Fiscaoeconomia 2019 Vol.3 Issue 1, pp.115-133

Belge Tipi: Makale

Yayın Tarihi: 1/2019

Belge Dili: İngilizce

Document ID (Org No.): 2000710697

Sıklık: Üç Yıllık

eISSN: 2564-7504

DOI: https://doi.org/10.25295/fsecon.2019.01.004

Sayı

Yazarlar:

Yavuz YAYLA

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Sosyal Bilimler

Dergi:

Fiscaoeconomia 2019 Vol.3 Issue 1, pp.115-133

Belge Tipi:

Makale

Yayın Tarihi:

1/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000710697

Sıklık:

Üç Yıllık

eISSN:

2564-7504

DOI:

https://doi.org/10.25295/fsecon.2019.01.004