Description
| Product ID: | 9781108726856 |
| Product Form: | Paperback / softback |
| Country of Manufacture: | US |
| Title: | The Perils of International Capital |
| Authors: | Author: Faisal Z. Ahmed |
| Page Count: | 198 |
| Subjects: | Political structures: totalitarianism and dictatorship, Political structures: totalitarianism & dictatorship, International relations, International economics, Political economy, Public international law: economic and trade, Economic geography, International relations, International economics, Political economy, International economic & trade law, Economic geography |
| Description: | Select Guide Rating Financial capital affects domestic politics, and can finance policies that entrench authoritarian rule. This book presents theoretical foundations, cross-national quantitative analysis, and specific historical examples to challenge existing studies and contribute to important literatures in economics and political science. 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. |
| Imprint Name: | Cambridge University Press |
| Publisher Name: | Cambridge University Press |
| Country of Publication: | GB |
| Publishing Date: | 2019-12-19 |
