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- catalog abstract ""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.".
- catalog alternative "Globalization and the political economy of stock markets in Africa".
- catalog contributor b12800057.
- catalog created "2003.".
- catalog date "2003".
- catalog date "2003.".
- catalog dateCopyrighted "2003.".
- catalog description ""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.".
- catalog description "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.".
- catalog description "Includes bibliographical references (p. 176-197) and index.".
- catalog extent "xiii, 202 p. :".
- catalog identifier "1403904456 (cloth)".
- catalog issued "2003".
- catalog issued "2003.".
- catalog language "eng".
- catalog publisher "New York : Palgrave Macmillan,".
- catalog spatial "Africa.".
- catalog subject "332.64/26 21".
- catalog subject "HG5822 .M67 2003".
- catalog subject "Investments, Foreign Africa.".
- catalog subject "Stock exchanges Africa.".
- catalog tableOfContents "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.".
- catalog title "Adventure capitalism : globalization and the political economy of stock markets in Africa / Todd J. Moss.".
- catalog title "Globalization and the political economy of stock markets in Africa".
- catalog type "text".