[PDF.22tn] Institutions, Institutional Change and Economic Performance in Emerging Markets
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Institutions, Institutional Change and Economic Performance in Emerging Markets
Lakshmi Iyer
[PDF.lj77] Institutions, Institutional Change and Economic Performance in Emerging Markets
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| #4960601 in Books | 2016-05-28 | Original language:English | PDF # 1 | 9.10 x1.20 x6.20l,.0 | File type: PDF | 512 pages||About the Author|Lakshmi Iyer is an economist in the Business, Government and the International Economy Unit at Harvard Business School. Her primary research fields are political economy and development economics, with a special emphasis on property right
Emerging markets play an increasingly important role in the global economy, accounting for 31% of global GDP and more than 50% of global foreign direct investment in 2012. However, doing business in emerging markets remains subject to a high degree of "policy risk," namely the risk that a government will discriminatorily change the laws, regulations, or contracts governing an investment — or will fail to enforce them — in a way that reduces an investor's fina...
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