globalization and the political economy of stock markets in Africa /
First Statement of Responsibility
Todd J. Moss.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
New York :
Name of Publisher, Distributor, etc.
Palgrave MacMillan,
Date of Publication, Distribution, etc.
2003.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
xii, 202 pages ;
Dimensions
23 cm
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (pages 176-197) and index.
CONTENTS NOTE
Text of Note
1. The Emergence of Africa's Stock Markets -- Pt. I. Why does Africa have Stock Markets? Determinants of the Trend -- 2. Economic Factors: The Technocratic Rationale for African Stock Markets -- 3. Political Economy Factors: The Political Logic of Stock Markets -- Pt. II. What might Greater Financial Openness Imply? Consequences of Stock Markets in Africa -- 4. Finance and Development: Can Stock Markets Matter in Africa? -- 5. Globalization and Capital Mobility: Opportunity or Instability? -- 6. Global Finance and Policy Autonomy in Africa: Newly Shackled or Set Free? -- 7. Some Conclusions: Toward a Political Economy View of African Equity Market Development.
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SUMMARY OR ABSTRACT
Text of Note
"Africa has caught stock-market fever. This continent, the poorest and least integrated region of the world, now has no less than fifteen stock exchanges. Adventure Capitalism explores the driving force behind this phenomenon, finding a confluence of economic and political factors. The book also highlights the potential consequences of integrating these fledgling exchanges into the global financial market and the effects of Africa seeking to attract portfolio investment. Although presenting challenges for policymakers, the book concludes that alarmist fears over instability and loss of autonomy are probably misplaced. Overall, the book presents a sober defence of 'hot money' and makes a case for the likely strengthening of African states and economies because of globalization."--Jacket.
PARALLEL TITLE PROPER
Parallel Title
Globalization and the political economy of stock markets in Africa
TOPICAL NAME USED AS SUBJECT
Investments, Foreign-- Africa.
Stock exchanges-- Africa.
Bourse-- Afrique noire.
Buitenlandse investeringen.
Effectenbeurzen.
Effectenhandel.
Globalisierung.
Globalisierung.
Investissements étrangers-- Afrique noire.
Investments, Foreign.
Kreditmarkt.
Kreditmarkt.
Mondialisation.
Stock exchanges.
GEOGRAPHICAL NAME USED AS SUBJECT
Africa.
Afrique noire, Conditions économiques, 1960- ...
Afrique noire, Politique et gouvernement, 1960- ...