The political economy of emerging markets : actors, institutions, and financial crises in Latin America / Javier Santiso.

Format:

Book

Author/Creator:

Santiso, Javier.

Series:

CERI series in international relations and political economy

The CERI series in international relations and political economy

Language:

English

Subjects (All):

Capital market--Latin America.

Capital market.

Stock exchanges--Latin America.

Stock exchanges.

Financial crises--Latin America.

Financial crises.

Latin America.

Physical Description:

x, 255 pages : illustrations ; 22 cm.

Edition:

First edition.

Place of Publication:

New York : Palgrave Macmillan, 2003.

Summary:

This book takes a cross-disciplinary look at the financial markets of emerging markets in Latin America. The author wants to disassemble the black box that is the financial market: what are the motivations and interests of the various actors, both institutional and individual; how do these interact with each other; how does this information help us understand the Mexican crisis in the 90s and the current crisis in Argentina? The author has conducted extensive interviews with brokers, asset managers, economists, strategists, and analysts in the US, UK, Europe, and Latin America, providing significant material for this study.

Contents:

Chapter 1 Introduction: Inside the Black Box. A Journey Toward Emerging Markets 1

Chapter 2 The Confidence Game: Exit, Voice and Loyalty in Financial Markets 17

Chapter 3 Capital Flows to Emerging Markets: Goodbye the Golden 1990s? 46

Chapter 4 The Usual Suspects: Timescales, Strategies and Constraints of Emerging Market Asset Managers 71

Chapter 5 A Small Embedded World: Technopols, Arenas and Trespassers 113

Chapter 6 The Timing Game: Wall Street, Mexico and Argentina. A Temporal Analysis 146

Chapter 7 Conclusion: Financial Markets and the Memory of the Future 187.

Notes:

Includes bibliographical references (pages [204]-250) and index.

ISBN:

1403962324

OCLC:

51258479

Online:

Publisher description