State, Capitalism, and Finance in Emerging Markets

Christopher A. McNally

ISBN 10: 1529243343 / ISBN 13: 9781529243345

Published by Bristol University Press, GB, 2025

About this Item

What role do emerging markets play in the global financial system? Are they subordinated within global financial hierarchies? Or do they have autonomy, even power, to use finance to pursue state objectives? In this edited volume, leading scholars explore these questions, focusing on state-finance interactions globally. The book combines literatures on international financial subordination, financial statecraft and comparative capitalism to analyse state-finance relationships in emerging markets, particularly the BRICS: Brazil, Russia, India, China, and South Africa. It reveals that these states can control their domestic financial sectors despite global subordination, though their ability to do so varies significantly. This essential volume offers profound insights into how emerging markets are reshaping global finance for scholars and policy makers.

Seller Inventory # LU-9781529243345

Bibliographic Details

• Title: State, Capitalism, and Finance in Emerging Markets
• Publisher: Bristol University Press, GB
• Publication Date: 2025
• Language: English
• ISBN 10: 1529243343
• ISBN 13: 9781529243345
• Binding: Hardback
• Condition: New

About this title

Synopsis

What is the role of emerging markets within the global financial system? Are they subordinate or do they have autonomy to use finance for state objectives? This book brings together leading scholars to address these important questions, offering profound insights into how emerging markets are reshaping global finance.

About the Author

Andreas Nölke is Professor of Political Science at Goethe University Frankfurt.