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The Political Implications of Norway’s Sovereign Wealth Fund investments in Eastern and Central Europe

dc.contributor.authorUrban, Dariusz
dc.contributor.editorKamiński, Tomasz
dc.date.accessioned2017-02-13T12:48:18Z
dc.date.available2017-02-13T12:48:18Z
dc.date.issued2017
dc.identifier.citationD. Urban, The Political Implications of Norway’s Sovereign Wealth Fund investments in Eastern and Central Europe, [w:] T. Kamiński (ed.), Political Players? Sovereign Wealth Funds’ Investments in Central and Eastern Europe, Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2017, s. 93-109, doi:10.18778/8088-331-4.07.pl_PL
dc.identifier.isbn978-83-8088-331-4
dc.identifier.urihttp://hdl.handle.net/11089/20556
dc.descriptionAlthough there has been vivid academic debate as to what extent Sovereign Wealth Funds (SWFs) are motivated by political reasons, it is rather clear that countries can use state-owned investment funds as a tool of their foreign policy. Even Barack Obama, during his initial presidential campaign in 2008 commented: “I am obviously concerned if these… sovereign wealth funds are motivated by more than just market consideration and that’s obviously a possibility”. This book looks at SWF activities in Central and Eastern Europe (CEE) to determine the main motives for SWF presence in CEE. Are the potential financial gains the only reason behind their investments? Are SWF activities in the region dangerous for the stability and security of the CEE countries? The book is pioneering analyses of SWFs behaviour in the region, based on empirical data collected from the Sovereign Wealth Fund Institute Transaction Database, arguably the most comprehensive and authoritative resource tracking SWF investment behaviour globally.pl_PL
dc.descriptionRozdział pochodzi z książki: Political Players? Sovereign Wealth Funds’ Investments in Central and Eastern Europe, T. Kamiński (ed.), Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2017.
dc.description.abstractThe main goal of this chapter is to analyze investment policy of this state-controlled entity and provide the picture of its portfolio investment in Eastern and Central Europe Countries. For this purpose, the remainder of the chapter is organized in the following manner: in the next part facts and figures about the fund are presented, than the investment policy of the fund is described, after that the holdings of GPFG in Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia are analyzed, and finally the political implications of these investments are discussed with particular emphasis on the issue of risks. The chapter ends with conclusions.en
dc.description.sponsorshipThis book was published in frames of project “Political significance of the Sovereign Wealth Funds’ investments in the Central and Eastern Europe”. The project was financed by the Polish National Science Centre (Decision no. DEC-2012/07/B/HS5/03797).pl_PL
dc.language.isoenpl_PL
dc.publisherWydawnictwo Uniwersytetu Łódzkiegopl_PL
dc.relation.ispartofPolitical Players? Sovereign Wealth Funds’ Investments in Central and Eastern Europe, T. Kamiński (ed.), Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2017
dc.rightsUznanie autorstwa-Użycie niekomercyjne-Bez utworów zależnych 3.0 Polska*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/pl/*
dc.subjectGovernment Pension Fund Global (GPFG)en
dc.subjectinvestment policyen
dc.subjectEastern and Central Europe Countriesen
dc.titleThe Political Implications of Norway’s Sovereign Wealth Fund investments in Eastern and Central Europepl_PL
dc.typeBook chapterpl_PL
dc.rights.holder© Copyright by Dariusz Urban, Łódź 2017, © Copyright for this edition by Uniwersytet Łódzki, Łódź 2017pl_PL
dc.page.number[93]-109pl_PL
dc.contributor.authorAffiliationUniversity of Łódźpl_PL
dc.identifier.eisbn978-83-8088-332-1
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dc.identifier.doi10.18778/8088-331-4.07


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