The authors examine the conditions under which democratic events, including elections, cabinet formations, and government dissolutions, affect asset markets. Wh
This book offers a comprehensive analysis of the ways that politics and financial markets impact one another. In this relationship, politics is the ultimate con
The quest for freedom from hunger and repression has triggered in recent years a dramatic, worldwide reform of political and economic systems. Never have so man
Democratic capitalism in developed countries has been facing an unprecedented crisis since 2008. Its political manageability is declining sharply. Both democrac
On November 24, 2020, in the midst of a global pandemic, the Dow Jones Index surpassed 30,000 points for the first time ever. This historic moment exposed the i