State, Capitalism, and Finance in Emerging Markets
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State, Capitalism, and Finance in Emerging Markets
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.
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.
State, Capitalism, and Finance in Emerging Markets is a valuable resource for understanding these dynamics.
Series: Business, Finance and International Development
View allBook Details
INFORMATION
ISBN: 9781529243345
Publisher: Bristol University Press
Format: Hardback
Date Published: 24 June 2025
Country: United Kingdom
Imprint: Bristol University Press
Illustration: 8 Tables, black and white; 21 Illustrations, black and white
Contributors:
- Edited by Andreas Nölke
- Edited by Johannes Petry
- Contributions by Carola Westermeier
- Contributions by Fathimath Musthaq
- Contributions by Annina Kaltenbruner
- Contributions by Anush Kapadia
- Contributions by Ilias Alami
- Contributions by Christopher A. McNally
- Contributions by Joel Rabinovich
- Contributions by Roxana Ehlke
- Contributions by Tim Salzer
Audience: General / adult, Tertiary education, Professional and scholarly
DIMENSIONS
Width: 156.0mm
Height: 234.0mm
Weight: 0g
Pages: 292
About the Author
Johannes Petry is Postdoctoral Researcher at Goethe University Frankfurt.
Andreas Nlke is Professor of Political Science at Goethe University Frankfurt.
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