Effectiveness of a national resource fund in counteracting the resource curse

The objective of this article is to identify indicators that allow for assessing the effectiveness of resource funds in the context of the resource curse occurrence in countries rich in natural resources. At particular stages of the study, several research tasks were also carried out, which made it possible to achieve the goal – the concept of the resource fund was conceptualised, the types and functions of the fund were presented, the individual objectives of creating funds were assigned to the symptoms of the resource curse, the concept of the resource fund was referred to the sovereign wealth funds, and a system resource fund operates was also introduces.