Elections and Financial Markets in Emerging Countries: A Latin American Perspective

6 Pages Posted: 25 Nov 2009

See all articles by Sebastián Nieto Parra

Sebastián Nieto Parra

Organization for Economic Co-Operation and Development (OECD)

Javier Santiso

ESADE Business School

Date Written: November 24, 2009

Abstract

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

Nieto Parra, Sebastián and Santiso, Javier, Elections and Financial Markets in Emerging Countries: A Latin American Perspective (November 24, 2009). OECD Working Paper, Available at SSRN: https://ssrn.com/abstract=1512642 or http://dx.doi.org/10.2139/ssrn.1512642

Sebastián Nieto Parra

Organization for Economic Co-Operation and Development (OECD) ( email )

2 rue Andre Pascal
Paris, 75775
France

Javier Santiso (Contact Author)

ESADE Business School ( email )

Mateo Inurria 27
Madrid, 28036
Spain

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
62
Abstract Views
516
rank
405,725
PlumX Metrics