Emerging Markets

The International Library of Critical Writings in Financial Economics series

Edited by Geert Bekaert, Leon G. Cooperman Professor of Finance and Economics, Columbia Business School and Research Associate, National Bureau of Economic Research, US and Campbell R. Harvey, J. Paul Sticht Professor of International Business, Duke University and Research Associate, National Bureau of Economic Research, US

Emerging markets have long posed a challenge for finance. Standard models are often ill suited to deal with the specific circumstances arising in these markets. However, the interest in emerging markets has provided impetus for the adaptation of current models to new circumstances and the development of new models. During recent years, much new research has been devoted to emerging markets. This important collection presents key articles in this literature.