You may have to register before you can download all our books and magazines, click the sign up button below to create a free account.
Privatization requires the presence of capable governments setting clear goals, addressing potential hazards of private engagement, and exploring multiple paths of improvement.
The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. Reinventing State Capitalism analyzes the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms (the so-called “national champions”). Focusing on a detailed quantitative assessment of Brazil’s economic performance from 1976 to 2009, Aldo Musacchio and Sergio Lazzarini examine how these models of state capitalism influence corporate investment and performance. According to one model, the state acts...
Ben Ross Schneider's volume, New Order and Progress takes a thorough look at the political economy of Brazil. The distinctive perspective of the 11 chapters is historical, comparative, and theoretical. Collectively, the chapters offer sobering insight into why Brazil has not been the rising economic star of the BRIC that many predicted it would be, but also documents the gains that Brazil has made toward greater equality and stability. The book is grouped into four parts covering Brazil's development strategy, governance, social change, and political representation. The authors -18 leading experts from Brazil and the United States - analyze core issues in Brazil's evolving political economy, including falling inequality, the new middle class, equalizing federalism, the politicization of the federal bureaucracy, resurgent state capitalism, labor market discrimination, survival of political dynasties, the expansion of suffrage, oil and the resource curse, exchange rates and capital controls, protest movements, and the frayed social contract.
Reconceptualises the general meeting, controlling shareholders and institutional investors as fiduciaries in four leading common law Asian jurisdictions.
Globalization: A Key Idea for Business and Society analyzes today’s process of global integration. Globalization is seen as a complex phenomenon, the drivers of which are of a technological, institutional, cultural and, not least, political nature. The book includes a historical analysis of the rise, and fall, of the “first globalization” wave which took place between the end of the Napoleonic Wars and the Great War. The chapters focus on the measurement of the global integration process, on the in-depth analysis of the above mentioned “drivers”, and on some of the actors playing a relevant role in the process itself – multinational companies and governments as owners of global companies. The conclusion of the book provides a perspective on the current “globalization backlash”, its determinants and possible future alternative scenarios. This book is an ideal resource for students and practitioners interested in past, present and future globalization.
Shallow capital markets are a key bottleneck for private sector development in Latin America. Still, there is not a large literature on capital markets and corporate governance, or on the politics of regulatory reform and business associations, focused on this region. To help address this gap, this new book introduces private equity into the financial development debate through a Latin American lens. The author looks at the cases of Brazil, Mexico, Chile, Colombia, and Argentina. And proposes a shift in the financial development discussion from institutional explanations focused only on rules to an actor-based argument centered on the role of institutional investors, in particular pension funds .
This text examines the domestic and global consequences of Chinese state capitalism, focusing on the impact of state-owned enterprises on regulation and policy, while placing China's variety of state capitalism in comparative perspective.
This book critically examines how corporate law and governance can be and should be used to promote sustainability in Asia.
“A fascinating insight into the evolution of China’s financial policy and its strategic investments using leveraged foreign exchange reserves.” —Diane Coyle, Enlightened Economist “[Liu] shows that Chinese sovereign funds are so different from better-known sovereign wealth funds, such as those of the governments of Abu Dhabi and Norway, that she prefers to call them ‘sovereign leveraged funds’...These various exotic workarounds, which Liu skillfully traces, produce ‘shadow reserves.’” —Andrew J. Nathan, Foreign Affairs “Follow the money, find the politics...Liu shows how China pioneered a whole new class of sovereign wealth funds.” —Times of India One of the keys ...