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Palgrave Macmillan

Adventure Capitalism

Globalization and the Political Economy of Stock Markets in Africa

  • Book
  • © 2003

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Table of contents (8 chapters)

  1. Introduction

  2. Why does Africa have Stock Markets? Determinants of the Trend

  3. What might Greater Financial Openness Imply? Consequences of Stock Markets in Africa

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About this book

Sub-Saharan Africa, the poorest and least integrated region of the world, now has fifteen stock markets. Adventure Capitalism examines the economic and political forces behind this trend and discusses the potential consequences of financial market integration for developing countries. Using a political economy approach, it finds that financial globalization presents a formidable challenge for African policymakers, but is also an opportunity with a range of benefits.

About the author

TODD MOSS is a consultant for the World Bank. Prior to this he was a lecturer
at the London School of Economics Development Studies Institute. Previously, he has worked at the Economist Intelligence Unit, the Overseas Development Council, and consulted for a wide range of firms including the UN, Control Risks and Oxford Analytica.

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