This book considers the main elements of financial liberalization that has become widely prevalent in Emerging countries. The underlying force for liberalization is that people want freedom to make economic decisions and to access different forms of finance, risk management techniques and investment and portfolio diversification opportunities. Emerging markets are countries that are restructuring their economies along market-oriented lines and offer a wealth of opportunities in trade, technology transfers, and foreign direct investment. The theoretical arguments in favour of such liberalization are considered and critiqued, and the political economy of such measures is discussed. This book provides useful insights for the researchers and policy makers who are interested in critically analysis of the dynamics of the Emerging economies. It can also be useful for Research Scholars, MBA (Finance), and MA (Economics) students for Understanding the major financial issues and challenges of the Emerging economies.
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