Elections and Financial Markets in Emerging Countries: A Latin American Perspective
6 Pages Posted: 25 Nov 2009
Date Written: November 24, 2009
Between November 2009 and December 2012, no fewer than 16 presidential elections will be held in the region. The series will begin with Chile in December of this year, and will end with elections in Mexico and Venezuela between August and December 2012. This column explores the changing dynamics between financial markets and elections in developing countries, focusing specifically on Latin America. Historically, financial markets get extremely nervous prior to elections in developing countries, with markets even collapsing on more than one occasion. As Latin America is about to embark upon yet another intense political season, will history repeat itself?
Keywords: elections, political cycles, emerging markets
JEL Classification: P16, D53
Suggested Citation: Suggested Citation