CHAPTER 6 The Economics of Sovereign Wealth Funds: Lessons from Norway

Amadou N Sy; Rabah Arezki; Thorvaldur Gylfason

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Mr. Amadou N Sy

Mr. Amadou N Sy
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Mr. Rabah Arezki

Mr. Rabah Arezki
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Thorvaldur Gylfason

Thorvaldur Gylfason https://isni.org/isni/0000000404811396 International Monetary Fund

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Language:: English

Print Publication Date:: 19 Jan 2012

Keywords:: BOOK; country; commodity; government; natural resource; resource abundance; petroleum fund; resource rent; resource windfall; Natural resources; Commodity prices; Oil; Sub-Saharan Africa; Global; Africa; Middle East; Europe

Abstract

While most studies of sovereign wealth funds (SWFs) focus on their wealth management functions, particularly their investment strategies, it is essential to start with the basics. After all, an SWF is a tool that must support the development goals a country has set for itself.

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