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Books > Social sciences > Politics & government > Political structure & processes > Totalitarianism & dictatorship
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The Perils of International Capital (Paperback)
Loot Price: R898
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The Perils of International Capital (Paperback)
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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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