SOVEREIGN WEALTH FUND APPLICATIONS IN TURKEY AND THE WORLD
dc.contributor.author | Arslan, Seçkin | |
dc.contributor.author | Berkman, Ayberk Nuri | |
dc.contributor.author | Kayıkcıoğlu, Tuğba | |
dc.date.accessioned | 2024-11-07T13:19:35Z | |
dc.date.available | 2024-11-07T13:19:35Z | |
dc.date.issued | 2018 | |
dc.department | Niğde Ömer Halisdemir Üniversitesi | |
dc.description.abstract | In the study, general information on Sovereign Wealth Funds (SWF)which are applied in many world countries and have been increasingrapidly since the year 2000 is provided. The examples of Norway, AbuDhabi, and China, which are in the first three ranks regarding the size ofthe fund, are included, and Azerbaijan and the recently establishedTurkey’s SWFs are examined. Upon examining the given examples, it istried to determine the similarities or differences between Turkey’s SWFsand conventional SWFs in terms of objectives and resources.SWFs, in general, are expressed as public savings of the countriesthat are allowed to be invested abroad using transferring a considerablepart of current account/budget surpluses, natural resources as well asprivatization revenues to future generations for them to live morecomfortable lives.It is seen that Azerbaijan, Abu Dhabi, and Norway provideresources for the fund by using oil revenues, while China utilizes non-commodity sources as the means of funding. Turkey, on the other hand, prefers resources such as privatization revenues and public revenues.Regarding funding resources, 57% of SWFs are based on oil and gasrevenues, and 43% are based on non-commodity revenues.Consequently, the recently established TSWF might be providingTurkey with crucial opportunities for achieving its targets over the years2023, 2053 and 2071; for performing its mega projects, along withdevelopment and improvement of the country. Moreover, it is thoughtthat international investors would invest in Turkey with the effectiveoperations of TSWF and contribute to the growth of the Turkish economyalong with the revenues. | |
dc.identifier.doi | 10.7827/TurkishStudies.14674 | |
dc.identifier.endpage | 124 | |
dc.identifier.issn | 1308-2140 | |
dc.identifier.issue | 26 | |
dc.identifier.startpage | 107 | |
dc.identifier.trdizinid | 301849 | |
dc.identifier.uri | https://doi.org/10.7827/TurkishStudies.14674 | |
dc.identifier.uri | https://search.trdizin.gov.tr/tr/yayin/detay/301849 | |
dc.identifier.uri | https://hdl.handle.net/11480/13218 | |
dc.identifier.volume | 13 | |
dc.indekslendigikaynak | TR-Dizin | |
dc.language.iso | en | |
dc.relation.ispartof | Turkish Studies (Elektronik) | |
dc.relation.publicationcategory | Makale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı | |
dc.rights | info:eu-repo/semantics/openAccess | |
dc.snmz | KA_20241107 | |
dc.subject | İşletme | |
dc.subject | İktisat | |
dc.subject | İşletme Finans | |
dc.title | SOVEREIGN WEALTH FUND APPLICATIONS IN TURKEY AND THE WORLD | |
dc.type | Article |