Cracking the Emerging Markets Enigma (Financial Management Association Survey and Synthesis Series)

G. Andrew Karolyi

ISBN 10: 0199336628 / ISBN 13: 9780199336623

Published by Oxford University Press, 2015

About this Item

xii, 295 p. Published at $29.95. [b 306].

Seller Inventory # 407149

Bibliographic Details

• Title: Cracking the Emerging Markets Enigma (Financial Management Association Survey and Synthesis Series)
• Publisher: Oxford University Press
• Publication Date: 2015
• Language: English
• ISBN 10: 0199336628
• ISBN 13: 9780199336623
• Binding: Hardcover
• Edition: 1st Edition
• Condition: Very Good
• Dust Jacket Condition: Dust Jacket Included

About this title

Synopsis

Forward-thinking investors are constantly looking for the next BRIC-what foreign market is on the brink of expansive growth? Will these investments payoff, or are the potential risks too great? Investing in these emerging markets requires a careful analysis of potential risks and benefits which vary greatly from country to country and even from day to day.

In Cracking the Emerging Markets Enigma, emerging markets expert Andrew Karolyi outlines a practical strategy for evaluating the opportunities and-more importantly-the risks of investing in emerging markets. Karolyi's proposed system evaluates multiple dimensions of the potential risks faced by prospective investors. These categories of risk reflect the uneven quality or fragility of the various institutions designed to assure integrity in capital markets-political stability, corporate opacity, limits placed on foreign investors, and more. By distilling these analyses into a numerical scoring system, Karolyi has devised a way to assess with ease emerging markets by different dimensions of risk and across all dimensions together.

This novel assessment framework already has been tested in the market to great success. Researchers, students, firms, and both seasoned and novice investors are poised to gain a clear understanding of how to evaluate potential investments in emerging markets to maximize profits.

About the Author

G. Andrew Karolyi is Associate Dean for Academic Affairs and Harold Bierman, Jr. Distinguished Professor of Management at S.C. Johnson Graduate School of Management, Cornell University.