Emerging Markets »

JEFFREY C. HOOKE is Managing Director of Hooke Associates, LLC, an investment banking firm based in Vienna, Virginia. He was formerly director of Emerging Markets Partnership (a $4 billion fund focusing on emerging markets), principal investment officer of the World Bank Group, and an investment banker with Lehman Brothers and Schroder Wertheim. Mr. Hooke is also the author of Security Analysis on Wall Street: A Comprehensive Guide to Today's Valuation Methods and M&A: A Practical Guide to Doing the Deal (both from Wiley).

The ins and outs of emerging markets

Emerging markets are an integral part of the global business scene. The 1997 Asian meltdown and the Russian debt default scared investors, but as the developed market becomes more competitive, investors seek returns elsewhere. Destined to become a standard in the field, Emerging Markets fills the niche for a balanced evaluation of the investment opportunities in the riskiest markets in the world. This practical guide covers what an emerging market is, why corporations and investors should or should not invest in them, and what the risks are. Jeffrey Hook's new book is ideal for corporations and investors who are looking at emerging markets as a means to improve investment returns, expand into new economies, or diversify their portfolios.

Booknews

Written by an investment banker, this text explores the repeating patterns of business behavior and market conditions in developing countries. The text is designed to help businesses, lenders, and investors make decisions regarding involvement in new markets. Coverage includes, for example, reasons for U.S. firms to avoid emerging markets; portfolio investment; and doing business in Latin America, Asia, Eastern Europe, and Africa. Annotation c. Book News, Inc., Portland, OR (booknews.com)