Titlebook: Adventure Capitalism; Globalization and th Todd Moss Book 2003 Palgrave Macmillan, a division of Macmillan Publishers Limited 2003 capital.

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Some Conclusions: Toward a Political Economy View of African Equity Market Development the failure of wider reform, notably on the fiscal front, may at the same time be undermining their efforts and much of the potential for stock markets to play a constructive role. Finally, both the risks and opportunities presented by the opening of African stock exchanges are, therefore, likely t

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Maximal Growth when Food Output Is Uncertaina country’s ascendancy into the global economy. For many African governments, which may lack domestic or international credibility, a stock market could be held up as a sign of legitimacy, a reaffirmation among the community of nations, a critical signpost in the evolution from a marginalized Banana

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The Emergence of Africa’s Stock Marketsndous difficulties and the vast possibilities facing the continent, it surely must be Mozambique. By any measure, Mozambique is one of the world’s poorest countries: the average Mozambican’s income is just 60 US cents per day and more than two-thirds of the population live on less than a dollar a da

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Economic Factors: The Technocratic Rationale for African Stock Marketspopular? And since every African exchange that has opened in recent years has done so at the instigation of the government, it might be worth narrowing that question to, why have politicians and policymakers in particular become so enthusiastic? Indeed, with the exception of the long-established mar

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