The perils of international capital /

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 a...

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Bibliographic Details
Main Author: Ahmed, Faisal Z. (Author)
Format: Electronic eBook
Language:English
Published: Cambridge, UK : Cambridge University Press, 2020.
Subjects:
Online Access:CONNECT
Description
Summary: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.
Item Description:Title from publisher's bibliographic system (viewed on 18 Dec 2019).
Physical Description:1 online resource (xii, 188 pages) : digital, PDF file(s).
ISBN:9781108771146 (ebook)