Geert Bekaert and Campbell R. Harvey's
Chronology of Important Financial, Economic and Political Events in Emerging Markets
All data before Nov 2001, unless otherwise noted, is drawn from International Finance Corporation (IFC) Factbooks, IFC Quarterly Reviews,  IFC Monthly Review of Emerging Stock Markets, and  IFC Emerging Market Data Base.  

All data from Nov 2001 and onwards, unless other wise noted, is drawn from World Market Research Centre website located at

Dates are listed in YYMMDD format. Dates listed as YY00 indicate that the event month is not known.

We appreciate the research assistance of Xin Huang and Jerome Mo.

aCowitt, P. P., ed., World Currency Yearbook, Currency Data and Intelligence, Inc., Brooklyn, New York, 1984,1985,1989, and 1991.
bCowitt, P.P. Edwards, C. A. and E. R. Boyce, World Currency Yearbook 1990-1993, Currency Data and Intelligence, Inc., Brooklyn, New York, 1996.
cBentley, P., Ed., World Guide to Exchange Control Regulations, Euromoney Series, Longwood Publishing Group, Wolfeboro, NH, 1986.
ePark, K. K. H. and Van Agtamel, A. W., The World's Emerging Stock Markets: Structure, Developments, Regulations,and Opportunities, 1993.
fCowitt, P. P., Edwards, C. A. and E. R. Boyce, World Currency Yearbook 1990-1993, Currency Data and Intelligence, Inc., Brooklyn, New York, 1996.
gNo month is provided by IFC. IFC says that by end of 1987 the EC members could freely invest in Greece.
hNo month is provided by IFC. IFC says that in the summer of 1991 these restrictions were lifted.
iPrivate Market Financing for Developing Countries, International Monetary Fund, various issues from 1991-1996.
jRole of Financial Markets in Privatization in the ESCWA Region: Economic and Social Commission for Western Asia. United Nations. New York, 1997.
kMiddle East Economic Digest 39(16), April 21,1995, page 11, and Middle East Economic Digest 39(2), January 13, 1995, page 24.
mEl-Erian, Mohamed A and Kumar, Manmohan S, 1994, Emerging Equity Markets in the Middle Eastern Countries, International Monetary Fund, Working Paper WP/94/103.
nMiddle East Economic Digest, January 13, 1994.
oBailey, W. and J. Jagtiani, Foreign ownership restrictions and stock prices in the Thai capital market, Journal of Financial Economics 36(1), August 1994, pages 57-87.
pEdwards, S., Crisis and Reform in Latin America: From Despair to Hope, World Bank, 1995.
qThe FT Guide to World Equity Markets: 1993, Euromoney publications, London, 1993.
rGeorge, R. L., A Guide to Asian Stock Markets, Longman, Hong Kong, 1989.
sWorld Bank The East Asian Miracle, Oxford University Press, 1993
tInternational Finance Corporation Emerging Markets 1997 Factbook
uInternational Finance Corporation Emerging Markets 1991 Factbook
vInternational Finance Corporation Quarterly Review of Emerging Markets, 1992 1st Quarter
wInternational Finance Corporation Quarterly Review of Emerging Markets, 1994 2nd Quarter.
xMontiel, P., and C. M. Reinhart, The Dynamics of Capital Movements to Emerging Economies during the 1990s, working paper, University of Maryland.
yKaminsky, G. L., and C. M. Reinhart, The twin crises: The causes of banking and balance of payments problems, working paper, University of Maryland.
aaBekaert, G. and C. R. Harvey, Foreign speculators and emerging equity markets, Working paper, National Bureau of Economic Research, 1997.
bbInstitutional Research, Casablanca Finance Intermediation, Working paper, April 1998
ddWitcher, S. Karene. "World Bank Unit May Push Borrowers in Indonesia With New Bankruptcy Law." The Wall Street Journal, 11 August 1998, Page A14.,
a1Gil Mehrez and Daniel Kaufmann, Transparency, Liberalization and Financial Crises, The World Bank Policy Research Working Paper (PRWP) Series, 1999.
a2Gerard Caprio, Jr. and Daniela Klingebiel, Bank Insolvencies: Cross Country Experience, The World Bank Policy Research Working Paper, 1996.
a3IMF, Annual Report of Exchange Arrangements and Exchange Restrictions, 1980-2000.
a4Utpal Bhattacharya and Hazem Daouk, The World Price of Insider Trading, Journal of Finance, 2002.
a5Meridian Securities Markets, World Stock Exchange Factbook, 1995-2001.
a6Fitzroy Dearborn Publishers, International Encyclopedia of the Stock Market, 1999.
a7Bridge, The Bridge Handbook of World Stock, Derivative & Commodity Exchanges, 2000.
a8Department of the Treasury, National Treatment Study, 1998.
a9Sergei Sarkissian and Michael J. Schill, The overseas listing decision: New evidence of proximity preference, Working Paper, August 2002.
a10Erkan Uysal,, Government of Turkey.
a13Laeven, L., Financial Liberalization and Financing Constraints: Evidence from Panel Data on Emerging Economics, Working paper, World Bank, 2000.
a14Lindgren, C.-J., G. Garcia, and M. Saal, Bank Soundness and Macroeconomic Policy, Washington, DC, IMF, 1996.
a15Federico Grebe, Regulations in Chile, Unpublished Notes, Duke University.
  a16. James Petras, Popular struggle in Argentina: full circle and beyond, September 2003
  a17. The Economist Intelligence Unit
  a19. Nicasio del Castillo, Jorge A Gross, Eduardo Pupo, Roberto del Toro, John A Salerno., International Tax Review Introduction: The critical structuring issues facing multinationals in Latin America 2002 Issue 4
  a20. EFE News Services, Duhalde seeking governors' consensus on IMF debt stance, November 18, 2002
  b1. World Market Research Centre: World Market Analysis.
  b2. Khaleej Times Online, December 30, 2003
  b3. The Heritage Foundation, 2004 Index of Economic Freedom
  b4. Bangladesh Association, Houston.
  b5. Ernst & Young, The Minister of Finance & Development Planning’s Budget Speech February 2002 Botswana Tax Facts for 2002/2003
  b6. BBC news UK Edition.
  b20. The Economist, A matter of Faith, Auguest 15th, 2002
  b26. US Commercial Services.