Freedom and Finance (Innbundet)

Democratization and Institutional Investors in Developing Countries

Serie: International Political Economy Series 

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Forfatter:
Innbinding: Innbundet
Utgivelsesår: 2001
Antall sider: 200
Forlag: Palgrave Macmillan
Språk: Engelsk
Serie: International Political Economy Series
ISBN/EAN: 9780333914489
Kategori: Økonomi og ledelse
Omtale Freedom and Finance
Within a decade, private capital surpassed aid as the primary capital source for developing countries. This book explores how the increase of private funds, in particular portfolio capital, effects democratization in developing countries. A probe into institutional investors' coordination, asset concentration, political preferences, and activism, provides a framework for understanding the politics of international financial constraints. Highlighting the dilemma presented by international finance's simultaneous emphasis on austerity and stability, the question of whether this public-to-private shift might facilitate an anti-democratic strain is examined.

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