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Are the Financial Markets Politically Correct?

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Author Info
Sebastián Nieto Parra
Javier Santiso

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Abstract

Are the financial markets politically correct? In other words, do they have preferences when it comes to political regimes or partisans? This issue has often been explored with regard to foreign direct investment (FDI) or public development aid, but rarely in relation to portfolio flows in emerging countries.

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File URL: http://dx.doi.org/10.1787/228445353710
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Paper provided by OECD, Development Centre in its series OECD Development Centre Policy Insights with number 76.

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Date of creation: Sep 2008
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Handle: RePEc:oec:devaac:76-en

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