Incubating financial development : private equity and the state

This dissertation is motivated by two observations. The first one is that three decades after democratization and liberalization reforms, capital markets in Latin America remain underdeveloped. The second one is the considerable amount of state-related funds behind private equity (PE) investments, both in emerging and developed economies. Combining these two observations and using comparative case analysis to study the emergence of private equity markets, this dissertation proposes a shift in arguments about financial development and corporate governance reform: it emphasizes the role of state-related investors instead of just focusing on the institutional -- political and economic --

Name thesis:degree_name

Doctoral

Department dc:contributor.department

Massachusetts Institute of Technology. Department of Political Science

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2020

Author dc:creator

• Puente, Ignacio.

Advisor dc:contributor.advisor

• Ben Ross Schneider.

• Political Science.

Statement dc:rights

• MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

https://hdl.handle.net/1721.1/128633

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/128633