This paper investigates the role of structural reforms -financial reforms, trade liberalization, and privatization- as determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European countries between 1989 and 2004. Our main...

This paper investigates whether privatization in emerging economies has a significant indirect effect on local stock market development through the resolution of political risk. We argue that a sustained privatization program represents a major political test that gradually resolves uncertainty...

Explores whether the current implementation of privatization in Turkey is consistent with original privatization objectives as laid down in the original government plan. Presents analysis of hard data obtained from the Public Participation Fund, the agency responsible for the planning and...

Details how, in a bid to invigorate its state‐owned enterprises, the Chinese government allows some of its large state‐owned enterprises to list on the stock exchanges of Hong Kong and New York. Reports that, although at the beginning the stocks were very well received, the H‐share prices...

This paper investigates whether privatization in emerging economies has a significant indirect effect on local stock market development through the resolution of political risk. We argue that a sustained privatization program represents a major political test that gradually resolves uncertainty...

This paper investigates whether privatization in emerging economies has a significant indirect effect on local stock market development through the resolution of political risk. We argue that a sustained privatization program represents a major political test that gradually resolves uncertainty...

This paper investigates whether privatization in emerging economies has a significant indirect effect on local stock market development through the resolution of political risk. We argue that a sustained privatization program represents a major political test that gradually resolves uncertainty...