4 Foreign portfolio investment
Opportunities or challenges for transition countries?
Cesario Mateus and Trung Bao Hoang
1. Introduction
With more digital innovations, the relaxation of policies and regulations, and media interconnection, we are experiencing, in the 21st century, a rapid growth of cross-border capital that has expanded to the least-understood corners of the global equity map. In incomplete market economies, for example, those of transition countries, liberalizing equity markets is not an exception. Nowadays, it is not unusual for U.S. or European portfolio investors to seek higher investment yields and international diversification by investing in shares of textile companies in Vietnam, petroleum ...
Get Entrepreneurial Finance, Innovation and Development now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
