The Perils of International Capital
About this book
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 Capitaluses 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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Information
Table of contents
- Cover
- Half-title page
- Title page
- Copyright page
- Dedication
- Contents
- List of Figures
- List of Tables
- Acknowledgments
- 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 Direct Investment in Militarism
- 7 Conclusion
- References
- Index
