SOVEREIGN INVESTMENT FUNDS, OPPORTUNITY WITHIN THE CONTEXT OF THE GLOBAL ECONOMIC CRISIS
Emergent countries’ governments which have at their disposal huge amounts of money from external balances of trade strongly in excess became foreground investors, influential players on the financial markets by means of sovereign funds, often with political component. The economic crisis triggered...
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| Format: | Article |
| Language: | English |
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“Victor Slăvescu” Centre for Financial and Monetary Research
2013-06-01
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| Series: | Financial Studies |
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| Online Access: | http://fs.icfm.ro/vol17i2p53-63.pdf |
| _version_ | 1797762496584482816 |
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| author | Doina DRĂNICEANU, PhD Candidate |
| author_facet | Doina DRĂNICEANU, PhD Candidate |
| author_sort | Doina DRĂNICEANU, PhD Candidate |
| collection | DOAJ |
| description | Emergent countries’ governments which have at their disposal
huge amounts of money from external balances of trade strongly in excess became foreground investors, influential players on the financial markets by means of sovereign funds, often with political component.
The economic crisis triggered in 2008 made the sovereign investment funds to adopt an active position in the financial markets, contributing through their massive interventions in the European and American banks, to the rescue of world economy, consolidating their position within the global financial sector. The consequences of the sovereign investment funds’ strengthening are both economic and political, influencing the pregnant change within the world power ratios in the new multi-polar world, from political and military point of view, with significant growth of interdependence of national economies. |
| first_indexed | 2024-03-12T19:28:13Z |
| format | Article |
| id | doaj.art-fd302b8fd7e34e70a57b5100ad0289c5 |
| institution | Directory Open Access Journal |
| issn | 2066-6071 2066-6071 |
| language | English |
| last_indexed | 2024-03-12T19:28:13Z |
| publishDate | 2013-06-01 |
| publisher | “Victor Slăvescu” Centre for Financial and Monetary Research |
| record_format | Article |
| series | Financial Studies |
| spelling | doaj.art-fd302b8fd7e34e70a57b5100ad0289c52023-08-02T04:46:21Zeng“Victor Slăvescu” Centre for Financial and Monetary ResearchFinancial Studies2066-60712066-60712013-06-011725363SOVEREIGN INVESTMENT FUNDS, OPPORTUNITY WITHIN THE CONTEXT OF THE GLOBAL ECONOMIC CRISISDoina DRĂNICEANU, PhD Candidate0Romanian Court of AccountsEmergent countries’ governments which have at their disposal huge amounts of money from external balances of trade strongly in excess became foreground investors, influential players on the financial markets by means of sovereign funds, often with political component. The economic crisis triggered in 2008 made the sovereign investment funds to adopt an active position in the financial markets, contributing through their massive interventions in the European and American banks, to the rescue of world economy, consolidating their position within the global financial sector. The consequences of the sovereign investment funds’ strengthening are both economic and political, influencing the pregnant change within the world power ratios in the new multi-polar world, from political and military point of view, with significant growth of interdependence of national economies.http://fs.icfm.ro/vol17i2p53-63.pdfemergent countriesfinancial marketseconomic crisissovereing fundsworld economy |
| spellingShingle | Doina DRĂNICEANU, PhD Candidate SOVEREIGN INVESTMENT FUNDS, OPPORTUNITY WITHIN THE CONTEXT OF THE GLOBAL ECONOMIC CRISIS Financial Studies emergent countries financial markets economic crisis sovereing funds world economy |
| title | SOVEREIGN INVESTMENT FUNDS, OPPORTUNITY WITHIN THE CONTEXT OF THE GLOBAL ECONOMIC CRISIS |
| title_full | SOVEREIGN INVESTMENT FUNDS, OPPORTUNITY WITHIN THE CONTEXT OF THE GLOBAL ECONOMIC CRISIS |
| title_fullStr | SOVEREIGN INVESTMENT FUNDS, OPPORTUNITY WITHIN THE CONTEXT OF THE GLOBAL ECONOMIC CRISIS |
| title_full_unstemmed | SOVEREIGN INVESTMENT FUNDS, OPPORTUNITY WITHIN THE CONTEXT OF THE GLOBAL ECONOMIC CRISIS |
| title_short | SOVEREIGN INVESTMENT FUNDS, OPPORTUNITY WITHIN THE CONTEXT OF THE GLOBAL ECONOMIC CRISIS |
| title_sort | sovereign investment funds opportunity within the context of the global economic crisis |
| topic | emergent countries financial markets economic crisis sovereing funds world economy |
| url | http://fs.icfm.ro/vol17i2p53-63.pdf |
| work_keys_str_mv | AT doinadraniceanuphdcandidate sovereigninvestmentfundsopportunitywithinthecontextoftheglobaleconomiccrisis |