Political risk in emerging Markets During na Era of Globalization

• Ano de defesa: 2016
• Autor(a) principal: GARDINER, Gabriel James
• Orientador(a): GAMA NETO, Ricardo Borges
• Tipo de documento: Dissertação
• Tipo de acesso: Acesso aberto
• Idioma: eng
• Instituição de defesa: Universidade Federal de Pernambuco
• Programa de Pós-Graduação: Programa de Pos Graduacao em Ciencia Politica
• País: Brasil
• Palavras-chave em Português: Risco Político; Mercado Emergente; Investimento Estrangeiro Direto; Political Risk; FDI; Emerging Market; Multinational Corporations
• Link de acesso: https://repositorio.ufpe.br/handle/123456789/18712

This dissertation attempts to analyze the concept of political risk, its evolution and application both within the academic and market setting. An endeavor to contribute to the quantification of the political risk field is made via econometric modeling. Overall, 6 different indicators for political risk are employed in the empirical analysis. The results show that political risk is a highly significant determinant to foreign investment inflows on emerging market countries. Though political risk is a phenomenon that is present in all countries both highly industrialized and still developing, this study is focused on the emerging market economy. Due to the rise in importance of the emerging market within the global economy, special emphasis is dedicated towards the new capitalist tools developed by the administrators of the emerging market economy.