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The Politics of Equity Finance in Emerging Markets

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  • Lavelle, Kathryn C.

    (Case Western Reserve University)

Abstract

The author uses a political science paradigm to explain the growth of emerging equity markets. She departs from conventional economic explanations and examines politics at the micro-level of large issues of emerging market stock. The second half of the book presents case studies dealing with emerging market countries in Latin America, Asia, Russia and Eastern Europe, Africa and the Middle East. The case studies connect the regional, state, and firm levels to detail the multiple ownership and control arrangements, and to dispel the notion that mere quantitative growth of these markets will lead to a convergence in financial institutional structures along the lines of the industrial core of the world economy. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/economicsfinance/0195174097/toc.html

Suggested Citation

  • Lavelle, Kathryn C., 2004. "The Politics of Equity Finance in Emerging Markets," OUP Catalogue, Oxford University Press, number 9780195174106.
  • Handle: RePEc:oxp:obooks:9780195174106
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    Cited by:

    1. Benton Allyson Lucinda, 2013. "Partisan policy promises and sector-specific stock-market performance: evidence from Mexico’s 2006 presidential campaign," Business and Politics, De Gruyter, vol. 15(2), pages 187-215, August.

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