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FDI In Emerging Markets: How Are They Doing - And What Should They Be Doing?
How are emerging markets doing in terms of attracting Foreign Direct Investment FDI, something all of them need, and are seeking, to further their economic development? What should they do to attract more, and especially investment that is particularly important for their development? This paper explains all the above questions.
Institutional Investment and Private Equity in the UK
This paper points to serious deficiencies in the governance of pension funds. These concerns are of considerable significance in their own right. But a fundamental focus of the Review is on their impact on the provision of private equity in the UK. This paper summarizes evidence from the Review and...
Global Integration in Primary Equity Markets: The Role of U.S. Banks and U.S. Investors
This paper examines the costs and benefits of the global integration of primary equity markets associated with the parallel diffusion of U.S. underwriting methods. It analyzes both direct and indirect costs (associated with under-pricing) using a unique dataset of 2,143 IPOs by non-U.S. issuers from 65 countries in 1992-1999. Book...
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