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State, Capitalism, and Finance in Emerging Markets
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State, Capitalism, and Finance in Emerging Markets : Between Subordination and Statecraft

Book Details

Format Hardback or Cased Book
ISBN-10 1529243343
ISBN-13 9781529243345
Publisher Bristol University Press
Imprint Bristol University Press
Country of Manufacture GB
Country of Publication GB
Publication Date Jun 24th, 2025
Print length 292 Pages
Weight 582 grams
Dimensions 16.10 x 24.20 x 2.30 cms
Ksh 14,400.00
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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.

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