Adventure Capitalism. Globalization and the Political Economy of Stock Markets in Africa
Опубликовано на портале: 20-12-2006
New-York: Palgrave Macmillan, 2003, 224 с.
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Sub-Saharan Africa, the poorest and least integrated region of the world, now has
fifteen stock markets. Adventure Capitalism examines the economic and political forces
behind this trend and discusses the potential consequences of financial market integration
for developing countries. Using a political economy approach, it finds that financial
globalization presents a formidable challenge for African policymakers, but is also
an opportunity with a range of benefits.
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Introduction: The Emergence of Africa's Stock Markets
Economic Factors: The Technocratic Rationale for African Stock Markets
Political Economy Factors: The Political Logic of Stock Markets
Finance and Development: Can Stock Markets Matter in Africa?
Globalization and Capital Mobility: Opportunity or Instability?
Newly-Shackled or Set Free? Global Finance and Policy Autonomy in Africa
Some Conclusions: Toward a Political Economy View of African Stock Markets
Ключевые слова
comparative economic systems comparative political economy stock market Sub-Saharan Africa varieties of capitalism
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