Foreign Investment and Political Regimes: The Oil Sector in Azerbaijan, Russia, and Norway - Image 1

£78.59

Cambridge University Press Foreign Investment and Political Regimes: The Oil Sector in Azerbaijan, Russia, and Norway

Name: Foreign Investment and Political Regimes: The Oil Sector in Azerbaijan, Russia, and Norway
Brand: Cambridge University Press
Price: 78.59 GBP
Availability: InStock

International Finance

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Description

Drawing on three in-depth case studies of oil-rich countries and statistical analyses of 132 countries over three decades, Bayulgen demonstrates that the link between democratization and FDI is nonlinear. Both authoritarian regimes and consolidated democracies have institutional capabilities that, though different, are attractive to foreign investors. Democracies can provide long-term stability, and authoritarian regimes can offer considerable flexibility. The regimes that have started on the road to democracy, but have not yet completed it, tend to have political institutions that provide neither flexibility nor stability. These hybrid regimes, then, also find it relatively more difficult to construct a policy environment that is attractive to foreign investments. These findings have deep implications for the link between democratization and globalization, but also how globalization may affect political, social, and economic development.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521425883
Category: Books > Subjects > Business, Finance & Law > Professional Finance > International Finance
Domain: Amazon UK
Release Date: 29 January 2010
Listed Since: 10 June 2009

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Cambridge University Press Foreign Investment and Political Regimes: The Oil Sector in Azerbaijan, Russia, and Norway

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