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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Main Author: | |
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Format: | Electronic eBook |
Language: | English |
Published: |
Cambridge, UK :
Cambridge University Press,
2020.
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Subjects: | |
Online Access: | CONNECT |
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. |
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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) |