Home Business & Economics Institut, Institution Change & Eco Performance Emerging Mkt

Institut, Institution Change & Eco Performance Emerging Mkt

by Iyer Lakshmi

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Book Overview Emerging markets play an increasingly important role in the global economy, accounting for 31% of global GDP and more than 50% of global ...

Emerging markets play an increasingly important role in the global economy, accounting for 31% of global GDP and more than 50% of global foreign direct investment in 2012. However, doing business in emerging markets remains subject to a high degree of "policy risk," namely the risk that a government will discriminatorily change the laws, regulations, or contracts governing an investment -- or will fail to enforce them -- in a way that reduces an investor's financial returns.

Institutions, Institutional Change and Economic Performance in Emerging Markets brings together a series of Harvard Business School case studies on emerging markets. This book is an invaluable resource for researchers in the fields of economics business to understand the role of specific economic and political institutions in shaping the business environment and economic growth in emerging markets. It gives answers to the following questions: When will governments define and enforce property rights? When will the division of policy authority across different government agents (e.g. federal and subnational governments, or politicians and bureaucrats) enable better policy decisions? And what are the consequences of globalization for the economic growth and stability of emerging market countries?

Book Details Format: Hardcover | Pages: 501 | Language: English | Publisher: WORLD SCIENTIFIC PUB CO INC | ISBN: 9814719757
FormatHardcover
Pages501
LanguageEnglish
ISBN9814719757
EAN9789814719759
PublisherWORLD SCIENTIFIC PUB CO INC
Publication Date1970-01-01
AccessoriesNo Accessory
ConditionNew
Product TypeHARD COVER BOOKS
Weight1.9 Pounds
Length9.1 Inches
Width6.2 Inches
Height1.2 Inches
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