The Perils of International Capital

Häftad, Engelska, 2019

Av Faisal Z. Ahmed, New Jersey) Ahmed, Faisal Z. (Princeton University

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Can foreign capital empower dictatorship? This groundbreaking book develops a unified theory that links three prominent forms of international capital to the endurance of dictatorships. International capital empowers governments to finance two key instruments of non-democratic politics: repression and patronage. The Perils of International Capital uses theory, case studies, and cross-national statistical evidence to demonstrate causal effects between foreign capital and authoritarian politics. These finding are crucial to scholars and policymakers alike, as they call for a recalibration of the welfare effects associated with greater financial globalization. Ahmed reveals that, while foreign capital may improve economic development, it can tragically hinder democratic governance in the process.

Produktinformation

Utgivningsdatum2019-12-19
Mått152 x 228 x 12 mm
Vikt300 g
FormatHäftad
SpråkEngelska
Antal sidor198
FörlagCambridge University Press
ISBN9781108726856

Tillhör följande kategorier

Folkrätt inom Juridik
Internationell ekonomi inom Ekonomi och ledarskap
Statsskick: diktatur inom Samhalle och politik
Internationella relationer inom Samhalle och politik
Ekonomisk politik inom Ekonomi och ledarskap
Geografi inom Naturvetenskap och teknik

'Faisal Z. Ahmed's study reveals how dictatorships seek foreign capital to sustain their grip on power. previous studies have focused on specific types of capital, such as foreign aid, Ahmed provides a clear, integrated treatment of three major sources: aid, direct investments, and remittances. His conclusion, that these capital flows serve dictatorships in strikingly different ways, is an important contribution to international political economy.' Charles Lipson, Peter B. Ritzma Professor Emeritus of Political Science, University of Chicago