The Politics of Equity Finance in Emerging Markets

✍ Scribed by Kathryn C. Lavelle

• Publisher: Oxford University Press
• Year: 2004
• Tongue: English
• Leaves: 294
• Category: Library

✦ Synopsis

Professor Lavelle has done the world of business and economics a service by explaining the political considerations that often impact emerging market stock markets of which some people have become so enamored during the past ten years. The chapters dealing with Latin America are particularly good. It would be an excellent idea if for the next edition of this book the author would discuss at length spontaneous privatizations in former communist countries. These in turn have resulted in "mafia capitalism" in some countries, a phenomenon worth exploring. Generally though the book is quite good and thought-provoking. Nestor Enrique Cruz

✦ Table of Contents

Foreword......Page 8
Contents......Page 12
Introduction......Page 14
1. Politics and the Extension of Equity Finance to Emerging Markets......Page 24
2. Financing Joint-Stock Companies in the Colonial Era......Page 48
3. New States, New State Involvement......Page 66
4. Globalization without Integration: International Considerations......Page 80
5. Privatization and Share Supply in Emerging Markets......Page 96
6. Latin America and the Caribbean......Page 114
7. Asia and the Pacific......Page 134
8. Russia and Eastern Europe......Page 163
9. Africa and the Middle East......Page 185
10. Stock Markets in the Global Political Economy......Page 210
Appendix: IFC Involvement in Financial Sector and Privatization Projects, by EM Country Examples......Page 220
Notes......Page 242
Bibliography......Page 272
B......Page 288
D......Page 289
H......Page 290
K......Page 291
P......Page 292
S......Page 293
Z......Page 294