Download or read book Foreign Direct Investment and Authoritarian Regimes written by Omar Awapara and published by . This book was released on 2015 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent work on foreign direct investment has emphasized the weight of political factors in explaining variation across countries. While the aspects of democracies that make them more or less favorable to FDI have been studied and identified, we know less about what differentiates investment levels among authoritarian regimes. In this paper, I seek to unpack variation in FDI flows among such regimes by distinguishing different types of autocracies. I argue that regimes convey different signals regarding political risk to potential foreign investors via both institutional attributes and forms of exercising authority. Specifically, I expect regimes ruled by a collective body, such as military and single-party regimes, to be less volatile and more predictable in their decision-making due to the presence of several actors with veto power. In addition, I also expect regimes with predictable succession rules to transmit lower levels of risk to foreign investors due to the smaller probability of a destabilizing process of leadership turnover. I test these expectations using a time-series cross-sectional data set containing economic, political, and social information from 104 countries over the period 1980-2010, and find support for the veto hypothesis but not for the leadership succession one.

Download or read book Credibility and Flexibility Political Institutions and Foreign Direct Investment written by Yu Zheng and published by . This book was released on 2007 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation helps us understand the varieties of capitalism in developing countries and how the variation in socio-economic institutions may lead to various development patterns and policy outcomes. In particular, it suggests that authoritarian governments have the flexibility to use their discretionary authority to play a "helping hand" to promote economic growth, but whether the policy outcome is developmental or predatory largely depends on the credibility of local policy implementation.

Download or read book The International Constraints on Regime Changes written by Ersin Oezsahin and published by Springer Science & Business Media. This book was released on 2010-03-14 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does integration into international markets and political co-operation help to build democracy? This question is motivated by an interesting empirical observation: between 1950 and 2000 the magnitude of international trade and co-operation increased rapidly while the majority of the observed regime transitions did not establish democratic rule but various types of authoritarianism. The study employs a game theoretic model that explicitly accounts for democratization and developments towards authoritarianism. Additionally it suggests utilizing an unconventional measure of regime change that considers positive and negative meaningful institutional changes as well as minor alterations. By applying various regression models it can be shown that strongly integrated authoritarian regimes are less likely to develop towards democracy. While less integrated regimes rather democratize, increasing levels of integration into global markets are likely to stabilize authoritarianism. Moreover, if integrated regimes alter, they are more likely to shift towards stricter authoritarianism. The findings motivate to rethink the common academic and political perception that international co-operation and integration foster democratization. The results of this examination strongly question the efficiency of policies that rely on this perception.

Download or read book Nation States and the Multinational Corporation written by Nathan M. Jensen and published by Princeton University Press. This book was released on 2008-01-21 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: What makes a country attractive to foreign investors? To what extent do conditions of governance and politics matter? This book provides the most systematic exploration to date of these crucial questions at the nexus of politics and economics. Using quantitative data and interviews with investment promotion agencies, investment location consultants, political risk insurers, and decision makers at multinational corporations, Nathan Jensen arrives at a surprising conclusion: Countries may be competing for international capital, but government fiscal policy--both taxation and spending--has little impact on multinationals' investment decisions. Although government policy has a limited ability to determine patterns of foreign direct investment (FDI) inflows, political institutions are central to explaining why some countries are more successful in attracting international capital. First, democratic institutions lower political risks for multinational corporations. Indeed, they lead to massive amounts of foreign direct investment. Second, politically federal institutions, in contrast to fiscally federal institutions, lower political risks for multinationals and allow host countries to attract higher levels of FDI inflows. Third, the International Monetary Fund, often cited as a catalyst for promoting foreign investment, actually deters multinationals from investment in countries under IMF programs. Even after controlling for the factors that lead countries to seek IMF support, IMF agreements are associated with much lower levels of FDI inflows.

Download or read book Foreign Direct Investment and Governments written by John Dunning and published by Routledge. This book was released on 2003-09-02 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new paperback edition of Foreign Direct Investment and Governments examines the dynamic relationship between foreign direct investment, governments and economic development. The book includes: * an investigation of the catalytic role played by the governments and multinationals in determining national advantages * eleven in-depth national studies of the UK, USA, Japan, New Zealand, India, Mexico, Spain, Sweden, China, Indonesia and Taiwan * analysis of all aspects of the investment development path Foreign Direct Investment and Governments is an excellent source book for students of international business.

Download or read book Partisan Investment in the Global Economy written by Pablo M. Pinto and published by Cambridge University Press. This book was released on 2013-03-29 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pinto develops a partisan theory of foreign direct investment (FDI) arguing that left-wing governments choose policies that allow easier entry by foreign investors more than right-wing governments, and that foreign investors prefer to invest in countries governed by the left. To reach this determination, the book derives the conditions under which investment flows should be expected to affect the relative demand for the services supplied by economic actors in host countries. Based on these expected distributive consequences, a political economy model of the regulation of FDI and changes in investment performance within countries and over time is developed. The theory is tested using both cross-national statistical analysis and two case studies exploring the development of the foreign investment regimes and their performance over the past century in Argentina and South Korea.

Download or read book Governance and Foreign Investment in China India and Taiwan written by Yu Zheng and published by University of Michigan Press. This book was released on 2014-01-28 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Yu Zheng challenges the idea that democracy is the prerequisite for developing countries to attract foreign direct investment (FDI) and promote economic growth. He examines the relationship between political institutions and FDI through the use of cross-national analysis and case studies of three rapidly growing Asian economies with a focus on the role of microinstitutional “special economic zones” (SEZ). China’s authoritarian system allows for bold, radical economic reform, but China has attracted FDI largely because of its increasingly credible investment environment as well as its central and local governments’ efforts to overcome constraints on investment. India’s democratic institutions provide more political assurance to foreign investors, but its market became conducive to FDI only when the government adopted more flexible investment policies. Taiwan’s democratic transition shifted its balance of policy credibility and flexibility, which was essential for the nation’s economic takeoff and sustained growth. Zheng concludes that a more accurate understanding of the relationship between political institutions and FDI comes from careful analysis of institutional arrangements that entail a trade-off between credibility and flexibility of governance.

Download or read book Role of Government Intervention in Foreign Direct Investment written by Kristiina Korhonen and published by . This book was released on 2001 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Authoritarian Regimes Under Stress written by Yun-han Chu and published by . This book was released on 1989 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Direct Investment Liberalization and the Political Economy of Authoritarianism written by Kai Zeng and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Attracting Foreign Direct Investment to Countries of Latin America written by Beatriz Schiava and published by . This book was released on 2011 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign Direct Investment (FDI) brings benefits to host countries' populations, using job creation, opportunities for education, training, and technology. The host country benefits from FDI inflows, improving its economy, introducing new technology, organizational and managerial skills that help domestic companies while improving its political institutions. This author chose five countries of Latin America with different political systems and economic policies: Brazil, Mexico, Venezuela, Cuba and Costa Rica. The goal of this thesis is to find out what kind of political systems and social environments in Latin America are best for attracting FDIs, and what are the obstacles those Latin American countries in non-democratic and authoritarian governments confront when trying to attract FDI. This author researched data and multiple surveys with MNCs from public, private and non-governmental organizations. The findings of this thesis show that despite the violence and criminality in these countries, Brazil and Mexico are the top ranked countries in attracting the most FDI inflows. It was evident that MNCs prefer democratic governments, such as Brazil, Mexico and Costa Rica over authoritarian governments because the political and economic stability that democratic governments offer. Latin American countries with democratic institutions, free market regulations and an educated, technological trained work force are better prepared to attract FDI. MNCs avoided countries with socialist-authoritarian regimes, such as Cuba and Venezuela, for fear of expropriations, lack of contract enforcement or protection to the investor. Latin American countries must be aware that raising their social and economic outcomes will help them to attract FDI inflows.

Download or read book Political Investments written by Andrey Tomashevskiy and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: My dissertation consists of three essays focused around the relationship between politics and international investment. I examine the impact of investment in three distinct issue areas: government partisanship, authoritarian regime stability and participation in international agreements. I develop a formal model to explicate the relationship between Foreign Direct Investment (FDI) and the likelihood of coups in authoritarian regimes. The model predicts and I find support for dampening effect of FDI on the probability of coups. Second, I argue that increasing portfolio investment contributes to electoral success of right-wing parties. I find evidence for this hypothesis using a new dataset on political contributions to 59 parties in 12 OECD states. Lastly, I examine the role of network effects in formation of Bilateral Investment Treaties (BITs). I show that network mechanisms of Triadic Closure explain BIT formation among developing states by using an agent-oriented network model to account for interdependencies within the global BIT network.

Download or read book Politics and Foreign Direct Investment written by Nathan Jensen and published by University of Michigan Press. This book was released on 2012-09-18 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, free trade was advocated as the vehicle for peace, prosperity, and democracy in an increasingly globalized market. More recently, the proliferation of foreign direct investment has raised questions about its impact upon local economies and politics. Here, seven scholars bring together their wide-ranging expertise to investigate the factors that determine the attractiveness of a locale to investors and the extent of their political power. Multinational corporations prefer to invest where legal and political institutions support the rule of law, protections for property rights, and democratic processes. Corporate influence on local institutions, in turn, depends upon the relative power of other players and the types of policies at issue.

Download or read book Foreign Investments and Political Regimes written by Oksan Bayulgen and published by Cambridge University Press. This book was released on 2010 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Political democratization and economic globalization have been two of the most important global trends of the past few decades. But, how are they connected? Do the domestic political institutions affect a country's attractiveness to foreign investors? Can countries that democratize attract relatively more foreign investments? Drawing on three in-depth case studies of oil-rich countries and statistical analyses of 132 countries over three decades, Oksan Bayulgen demonstrates that the link between democratization and FDI is nonlinear. Both authoritarian regimes and consolidated democracies have institutional capabilities that, though different, are attractive to foreign investors. Democracies can provide long-term stability, and authoritarian regimes can offer considerable flexibility. The regimes that have started on the road to democracy, but have not yet completed it, tend to have political institutions that provide neither flexibility nor stability. These hybrid regimes, then, also find it relatively more difficult to construct a policy environment that is attractive to foreign investments. These findings have deep implications for the link between democratization and globalization, but also how globalization may affect political, social, and economic development"--Provided by publisher.

Download or read book Where FDI Goes in Decentralized Authoritarian Countries written by Kelan Lu and published by University of Michigan Press. This book was released on 2023-05-02 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Among all the decentralized authoritarian countries, China is distinctive not only because of its emergence as one of the largest foreign direct investment (FDI) recipient countries with one of the highest levels of fiscal decentralization, but also because of the combination of its fiscal decentralization and the cadre promotion system as incentive institutions for attracting FDI inflows. China is an important case to empirically investigate the impact of fiscal autonomy on adversarial investment because it has become the largest investment destination of its long-term adversary, Taiwan, with Taiwanese FDI being among the largest FDI in mainland China. Given the special role played by local Chinese governments in attracting and hosting Taiwanese FDI, it is important to study the differences between where Taiwanese FDI and other FDI goes. Given the uniqueness of the China case and that of Taiwanese investment in mainland China, this book explores the following questions. What determines where FDI goes in authoritarian countries like China? Fiscal decentralization has been argued to be a driving force of skyrocketing FDI inflows in China due to its impact on local governments’ incentives. However, is the impact of fiscal autonomy on FDI monolithic with the dynamically changing levels of FDI inflows at the lower administrative levels in China, especially with its special cadre management system? Does the impact of fiscal decentralization on FDI strengthen or weaken or stay the same when attracting FDI inflows from adversarial states? And what are the implications of such adversarial investment—especially as it diffuses from coastal cities to the interior regions, or from key cities to peripheral regions—of decentralized authoritarian countries targeted by this investment?

Download or read book Domestic Coalitions and the Political Economy of Foreign Direct Investment written by Pablo Martín Pinto and published by . This book was released on 2004 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Direct Investment Democracy and Development written by Indra de Soysa and published by Routledge. This book was released on 2003-05-01 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effects of globalization on economy and society are highly contested subjects in academic and political arenas. This study brings an empirical perspective to the crucially important arguments that encapsulate the major debates in this area. Using quantitative data, this book addresses the shape and degree of internationalisation by focussing on