suggest that concrete and well-defined institutions are important for financial development, confirming previous research …

through which institutions influence aggregate savings and economic development. Whereas research in the field of savings … reasoning, arguing that institutions may influence the individual savings decision as well as national savings in aggregate … institutions drive aggregate savings formation upwards. By contrast, we do not find such effects in the case of the political …

governance. Edited by Standard & Poor's equity research and governance group, it details the group's highly successful approach … to analyzing risks in emerging economies. With case studies illustrating the effectiveness of corporate governance … scrutiny, Investing in BRIC Countries examines the economic structure and governance status of each BRIC nation."--BOOK JACKET …