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

Abstract

The 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.