An Evalation With Regarding to Turkish Wealth Fund: Aims Activities and Legal Status
Abstract
For supporting major projects and to prevent short term economic shocks&volatility,
seventy-seven national wealth funds to be functioning at international level financial
markets. Upon legalization of National Assembly of Turkey during August 2016, Turkish
Sovereign Wealth Fund was established. In the first section of the study, we will evaluate
juridical personality of this institution, its aims, its functions and at the final part, we will
discover historical development and progress of the Wealth Fund, also scrutinize four
sovereign wealth funds. Another topics to be presented is its resources and expectations
with regarding to Wealth Fund. Finally, we will discuss the impact of regional and
international welfare funds on possible problems and possible solutions.
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