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Book review: banking on democracy: financial markets and elections in emerging countries

Rothkopf, Ilana (2013) Book review: banking on democracy: financial markets and elections in emerging countries. LSE Review of Books (29 Nov 2013). Website.

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Abstract

In Banking on Democracy, Javier Santiso investigates the links between politics and finance in countries that have recently experienced both economic and democratic transitions. He focuses on elections, investigating whether there is a “democratic premium” — whether financial markets and investors tend to react positively to elections in emerging markets. This is an excellent assessment of the relationship between markets and elections in emerging economies, writes Ilana Rothkopf. While Santiso’s empirical studies are complex, he presents his findings in a manner that is accessible to readers of diverse academic and methodological backgrounds.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/lsereviewofbooks/
Additional Information: © 2013 The Author
Divisions: LSE
Subjects: H Social Sciences > HG Finance
H Social Sciences > HM Sociology
J Political Science > JA Political science (General)
JEL classification: G - Financial Economics > G0 - General
Date Deposited: 20 Jan 2014 10:05
Last Modified: 13 Sep 2024 18:37
URI: http://eprints.lse.ac.uk/id/eprint/55353

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