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

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Finance and Development: Can Stock Markets Matter in Africa?c. Yet, the linkages between financial systems and broader economic development remain hotly contested. If stock markets are to be seen in Africa as developmentally desirable – that is, that they will make a positive contribution to the national economy and help to raise average incomes – then these

谷物

Globalization and Capital Mobility: Opportunity or Instability?tive liquidity and high levels of mobility, but also stems from an apparent underlying skepticism about the role and motives of capital markets – and indeed markets in general in poor countries. Rooted in dependency theory, however, critiques of equity investment have been highly selective both in t

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Global Finance and Policy Autonomy in Africa: Newly Shackled or Set Free?gree, open financial systems encourage competition between states to attract capital, increasing the leverage of investors and at times altering national priorities. Many observers believe this has a severely negative impact on the social aspects of state policies. More worryingly, some have claimed

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Some Conclusions: Toward a Political Economy View of African Equity Market Developmentwith some of the possible consequences for African countries that choose the route of integration into global financial markets. Several themes emerge from these questions. First, political considerations appear to remain central in explaining policy outcomes, and this includes the technical world o

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Bereavement

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Introductionconversations and access to otherwise unreachable sources, such as those in Botswana, Namibia, Uganda, South Africa, Kenya, and Mozambique. To encourage openness, most of these interviews took place in strict confidence.

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Economic Factors: The Technocratic Rationale for African Stock Marketson, often times still needing that financial crutch more than a decade after opening. Surely, there must therefore be good reasons for such a strong embrace and support for stock markets by cash-strapped governments.