Natural Resource Management and Policy

Norway’s Sovereign Wealth Fund

Sustainable Investment of Natural Resource Revenues

Authors: Røste, Ole Bjørn

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  • Offers a detailed study on how Norway is managing its natural resource-based revenues
  • Presents a case study on Norway’s Sovereign Wealth Fund
  • Assesses how to maximize capital value without exceeding acceptable risks
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eBook 85,59 €
price for Spain (gross)
  • ISBN 978-3-030-74107-5
  • Digitally watermarked, DRM-free
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  • Immediate eBook download after purchase
Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-3-030-74106-8
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  • Institutional customers should get in touch with their account manager
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  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

This book elaborates on how Norway has managed to convert a large fraction of its endowment of hydrocarbons below the seabed of Norwegian waters into financial wealth, invested in the world’s capital markets. Further, it explains how this wealth is managed. Under the current guidelines, only the assessed return on investment may be allotted to public budgets. This ensures that the wealth will benefit both current and future generations. The capital is gathered in the Sovereign Wealth Fund – or State Pension Fund Global (SPF-G) –, which is intended to maximize capital value without exceeding acceptable risks. The book offers new insights into the history and management of the fund, examines its successes,and discusses future challenges. Given its scope, it appeals to scholars of economics, finance and political science, and to anyone interested in the sustainable investment of natural resource-based revenues.

About the authors

Ole Bjørn Røste is Associate Professor of Political Science at the Norwegian University of Science and Technology, Trondheim. He studied at The Norwegian School of Economics and Business Administration and holds a Ph.D. in Economics and Master’s degrees (Political Science, Law) from The University of Oslo. Røste has previously worked for Norges Bank (1986–2001) and The Norwegian Ministry of Finance (2001–2002).

Table of contents (8 chapters)

Table of contents (8 chapters)

Buy this book

eBook 85,59 €
price for Spain (gross)
  • ISBN 978-3-030-74107-5
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-3-030-74106-8
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Norway’s Sovereign Wealth Fund
Book Subtitle
Sustainable Investment of Natural Resource Revenues
Authors
Series Title
Natural Resource Management and Policy
Series Volume
54
Copyright
2021
Publisher
Springer International Publishing
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
eBook ISBN
978-3-030-74107-5
DOI
10.1007/978-3-030-74107-5
Hardcover ISBN
978-3-030-74106-8
Series ISSN
0929-127X
Edition Number
1
Number of Pages
IX, 261
Number of Illustrations
1 b/w illustrations, 10 illustrations in colour
Topics