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Banking on Democracy – Financial Markets and Elections in Emerging Countries - MIT Press Scholarship Online
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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, where over the last three decades many countries became democracies, with ... More

Keywords: Latin America, Brazil, finance, emerging economies, bankers, brokers, financial crisis, fund manager, OECD Development Centre

Bibliographic Information

Print publication date: 2013 Print ISBN-13: 9780262019002
Published to MIT Press Scholarship Online: January 2014 DOI:10.7551/mitpress/9780262019002.001.0001


Affiliations are at time of print publication.

Javier Santiso, author