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Sovereign Wealth Funds in Russia

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  • Clélia Chevrier

Abstract

[eng] Russia relies heavily on oil and gas revenues. Since 2004, the Russian authorities tried to reduce this dependence by building up sovereign funds, whose complexity grew up with time. This cautious policy, which was often criticized in the past, gives now some breathing space to the government to cope with the financial crisis and the downfall of oil prices. The way the sovereign wealth funds (SWFs) are used was thereby recently reviewed in order to support actively the Russian budget and economy. . JEL Classification : F30, G29

Suggested Citation

  • Clélia Chevrier, 2009. "Sovereign Wealth Funds in Russia," Revue d'Économie Financière, Programme National Persée, vol. 9(1), pages 73-81.
    • Handle: RePEc:prs:recofi:ecofi_1767-4603_2009_hos_9_1_5493
    DOI: 10.3406/ecofi.2009.5493
    Note: DOI:10.3406/ecofi.2009.5493
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    Cited by:

    1. David Kemme, 2012. "Soverign Wealth Fund Issues and the National Fund(s) of Kazakhstan," William Davidson Institute Working Papers Series wp1036, William Davidson Institute at the University of Michigan.

    More about this item

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • G29 - Financial Economics - - Financial Institutions and Services - - - Other

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