Adventure Capitalism

Globalization and the Political Economy of Stock Markets in Africa

  • Authors
  • Todd J. Moss

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Introduction

    1. Todd J. Moss
      Pages 1-3
  3. Why does Africa have Stock Markets? Determinants of the Trend

  4. What might Greater Financial Openness Imply? Consequences of Stock Markets in Africa

  5. Back Matter
    Pages 162-202

About this book


Sub-Saharan Africa, the poorest and least integrated region of the world, now has fifteen stock markets. Adventure Capitalism examines the economic and political forces behind this trend and discusses the potential consequences of financial market integration for developing countries. Using a political economy approach, it finds that financial globalization presents a formidable challenge for African policymakers, but is also an opportunity with a range of benefits.


capital Developing Countries development globalization political economy venture capital

Bibliographic information