The Perils of International Capital
Seiten
2019
Cambridge University Press (Verlag)
978-1-108-48865-5 (ISBN)
Cambridge University Press (Verlag)
978-1-108-48865-5 (ISBN)
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.
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.
Faisal Z. Ahmed is an assistant professor of politics at Princeton University, New Jersey. His research centers on political economy and international economics. He has published articles in leading journals in economics and political science. Prior to joining the faculty at Princeton, he served as an economist at the Federal Reserve of Chicago and White House Council of Economic Advisors.
1. The politics of international capital; 2. International capital and authoritarian survival: a descriptive overview; 3. Foreign rents and rule; 4. Aiding repression; 5. Remittances and autocratic power; 6. Foreign investments in militarism; 7. Conclusion.
| Erscheinungsdatum | 24.12.2019 |
|---|---|
| Zusatzinfo | Worked examples or Exercises; 26 Tables, black and white; 22 Line drawings, black and white |
| Verlagsort | Cambridge |
| Sprache | englisch |
| Maße | 157 x 235 mm |
| Gewicht | 410 g |
| Themenwelt | Naturwissenschaften ► Geowissenschaften ► Geografie / Kartografie |
| Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
| Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
| ISBN-10 | 1-108-48865-X / 110848865X |
| ISBN-13 | 978-1-108-48865-5 / 9781108488655 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
Mehr entdecken
aus dem Bereich
aus dem Bereich
über eine faszinierende Welt zwischen Wasser und Land und warum sie …
Buch | Hardcover (2023)
dtv (Verlag)
CHF 33,55
von Mysterys, Rätseln und Lösungen
Buch | Softcover (2024)
Conrad Stein (Verlag)
CHF 16,90
Buch | Hardcover (2024)
Schweizerbart'sche, E. (Verlag)
CHF 33,55
