The perils of international capital

書誌事項

The perils of international capital

Faisal Z. Ahmed

Cambridge University Press, 2020

  • : pbk

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注記

Includes bibliographical references (p. 167-180) and index

内容説明・目次

内容説明

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.

目次

  • 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.

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