Faisal Z. Ahmed - Perils of International Capital - Paperback

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About this Item

The item is a book Paperback
The Author Name is Faisal Z. Ahmed
The Title is The Perils of International Capital

Condition New

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New Store Stock
Category - Political Science


Product Description -
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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