I wish to thank Geoffrey Kingston, for initiating me into the world of emerging markets, and David Lynch, for providing me with helpful materials. Special thanks to Mrs. Aline Dinel for her support throughout. I dedicate this thesis to my parents. They are my source of encouragement and inspiration. To AusAid, my warmest thanks for extending this opportunity to study in Australia and for providing all the necessary support to finish the last mile. Finally, I wish to acknowledge the

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... and good humour provided by my colleagues and friends especially during the times when I tend to take life too