Evaluation of the efficiency of management of sovereign funds

Abstract

This article discusses the criteria for evaluating the effectiveness of sovereign funds. In addition, each proposed criterion examined and analyzed a set of complex indicators that assess the degree to which each criterion is met. In particular, the economic policy chosen in the activities of sovereign wealth funds is consistent with the level of use of market revenues, fiscal stability, anti- cyclical fiscal policy, ensuring the required level of asset liquidity, ensuring maximum return at the appropriate risk level, socio-economic efficiency of investment projects. evaluation indicators based on transparency criteria.