Abstract
This contribution considers the experience of creating and operating sovereign wealth funds in Russia, analyses the basic principles of the functioning of funds, the sources of their formation, as well as the processes of managing funds. The experience of reforming the Stabilization Fund in Russia and its transformation into the Reserve Fund and the National Welfare Fund (NWF) is considered. Finally, the contribution explores the problems of increasing the significance and effectiveness of involving the resources of sovereign wealth funds in solving the most significant issues of the structural development of the national economy of Russia.
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References
Official website of the Ministry of Finance of the Russian Federation. Available at: http://www.minfin.ru
National Welfare Fund. Available at: https://web.archive.org/web/20081221234448/http:/www1.minfin.ru/ru/nationalwealthfund/
Reserve Fund. Available at: http://minfn.ru/ru/perfomance/reservefund/statistics/volume/
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PwC outlook : Sovereign Investors 2020. A growing force, 2016. Available at: http://www.pwc.com/sovereignwealthfunds
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Globa, S.B. (2021). Russian Sovereign Wealth Fund. In: Pereira, E.G., Spencer, R., Moses, J.W. (eds) Sovereign Wealth Funds, Local Content Policies and CSR. CSR, Sustainability, Ethics & Governance. Springer, Cham. https://doi.org/10.1007/978-3-030-56092-8_8
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DOI: https://doi.org/10.1007/978-3-030-56092-8_8
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