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Banking on Democracy: Financial Markets and Elections in Emerging Countries

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Banking on Democracy: Financial Markets and Elections in Emerging Countries

Javier Santiso

Politics matter for financial markets and financial markets matter for politics, and nowhere is this relationship more apparent than in emerging markets. This book investigates the links between politics and finance in countries that have recently experienced both economic and democratic transitions. It focuses on elections, investigating whether there is a “democratic premium”—whether financial markets and investors tend to react positively to elections in emerging markets. Special attention is devoted to Latin America, ... Read more



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