What is ‘Oil Stabilization Fund (Iran)’
A government-controlled sovereign wealth fund managed for the government of Iran. The funds deposited with the Oil Stabilization Fund are primarily the surplus revenues from the development of Iran’s oil reserves.
Explaining ‘Oil Stabilization Fund (Iran)’
The fund was established in 1999 as a way to make strategic investments and stabilize funding for the Iranian government. The fund is highly secretive and little is known about its governance, holdings or investment strategy.
Further Reading
- The effects of oil price shocks on the Iranian economy – www.sciencedirect.com [PDF]
- Oil income shocks and economic growth in Iran – www.sciencedirect.com [PDF]
- One hundred years of oil income and the Iranian economy: A curse or a blessing? – papers.ssrn.com [PDF]
- Macroeconomic policies and performance in Iran – www.mitpressjournals.org [PDF]
- The sources of macroeconomic fluctuations in oil exporting countries: A comparative study – www.sciencedirect.com [PDF]
- Financing job guarantee schemes by oil revenue: the case of Iran – papers.ssrn.com [PDF]
- Understanding Iran's new authoritarianism – www.tandfonline.com [PDF]
- Iran's 20‐year economic perspective: Promises and pitfalls – onlinelibrary.wiley.com [PDF]