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Foreign Direct Investment, Democracy and Development - Assessing Contours, Correlates and Concomitants of Globalization (Paperback)
Loot Price: R711
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Foreign Direct Investment, Democracy and Development - Assessing Contours, Correlates and Concomitants of Globalization (Paperback)
Series: Routledge Advances in International Political Economy
Expected to ship within 12 - 17 working days
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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 the impact of Foreign Direct
Investment (FDI) and democracy on economic development and the
effects of economic internationalisation on democracy.
The author examines democracy's effects on economic growth and
considers the claim that foreign capital has a detrimental effect
on democracy to show that FDI in fact plays a supporting role for
democracy and creates higher growth rates than domestic capital.
From these results the author suggests that policy makers should
seek to encourage globalization by ensuring open access to products
from poorer countries, encouraging private investment within poorer
countries and that such countries should concentrate on building up
human and institutional capital to attract investment.
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