Emerging Economies and Financial Markets

<p>This first of its kind reference provides insights into the intricacies of assessing vulnerabilities of today's emerging markets. Qualitative and quantitative elements common in public, multinational, and private sector decision-making are explored, as are the range of public and private sector participants including the IMF/World Bank, banks, insurance companies, and mutual and pension funds. Stock, bond, currency, and derivatives markets development and growth are covered using illustrative examples and case studies from the authors&rsquo; firsthand experiences with guidance and assessments in every emerging region, as well as the critical impact of the legal/regulatory environment and benchmarks/indices and credit ratings. The authors draw upon their expertise in working with public and private market participants for more than three decades and offer a historical perspective of the rise in capital flows and investment in emerging economies. Each theme and chapter offers students and industry professionals bottom-line jargon-free examples to illustrate analytical criteria and techniques.</p>