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The Perils of International Capital

Description

by Faisal Z. Ahmed (Author) 

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.

Details

Year:
2020
Pages:
202
Language:
English
Format:
PDF
Size:
3 MB
ISBN-10:
1108726852
ISBN-13:
978-1108726856, 110848865X
ASIN:
B081HH6FFY, 978-1108488655
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