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• The growing state presence in the world economy: Sovereign Wealth Funds

  149-166

  Eniko Agnes Kovacs

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  238

  While sovereign wealth funds (SWFs) were formerly considered to be passive financial investors, today we can see their active presence in international capital markets. The aim of this study is to give an overall view of these funds, which are becoming increasingly important actors in the international monetary and financial system. This study presents the formation and purposes of sovereign wealth funds, as well as the main factors contributing to their growing presence. Moreover, this study provides an insight into the investment activities and practices of these funds.

  JEL classification: E58, F21, F30, G15