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.