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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.
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.
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Catan
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R1,150
R887
Discovery Miles 8 870
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