MACMILLAN The Global Market for Investor Citizenship (Politics of Citizenship and Migration)

Review “A carefully designed and clear exploration of investment-based citizenship programmes. Džankić sheds ample light onto the interests, strategies and policies of states as well as the interests of firms and individuals. The strong applied emphasis makes the book ideal for anyone who wishes to know more about ‘the global citizenship industry.’” (Theodora Kostakopoulou, Professor, Warwick University School of Law, UK)“This book will be welcomed by everyone interested in the politics of ‘ius pecuniae.’ While most scholarship on this topic has focused on the normative challenges posed by ‘passport-for-cash’ programmes, Jelena Džankić seeks to understand how, when and why countries adopted such programmes. Her informed and critical account will provide food for thought to comparativists and normative theorists alike.” (Maarten Vink, Professor of Political Sociology, Maastricht University, Netherlands) “In the last ten years, the previously niche topic of investor citizenship has received widespread attention from policy-makers, journalists and scholars. Jelena Džankić has produced a must-read study of this controversial topic, which draws not only on her extensive knowledge of existing schemes, but also shows how states have long instrumentalised citizenship. At the same time, she offers a sharp critique, asking us to consider again why we might feel uneasy about the idea of money changing hands for a passport.” (Jo Shaw, Salvesen Chair of European Institutions, University of Edinburgh, UK)  “Jelena Džankić’s book looks at the phenomenon of investor citizenship from historical, comparative and normative perspectives. This is the most comprehensive study so far of a hotly debated topic. Džankić’s book is rich in empirical detail, compelling in its conceptual analysis and accessible to a broad audience. It should be mandatory reading also for policy makers who consider putting citizenship up for sale.” (Rainer Bauböck, European University Institute and Austrian Academy of Sciences)“In her remarkably engaging and exhaustive account of the global market for investor citizenship, Jelena Džankić takes readers from Ancient Greece to the modern-day Persian Gulf, explaining how norms and laws around who belongs where have changed to heavily factor in wealth and property. Her clear-eyed insights into citizenship acquisition and her careful surveys of the existing literature are a valuable contribution to this emerging field.” (Atossa Araxia Abrahamian, author of The Cosmopolites: The Coming of the Global Citizen)“Some states' governments are setting price tags to citizenship statuses. Facilitating the selling of citizenship to the wealthy poses profound rule of law challenges, including legal uncertainty and cases of corruption and tax evasion. This book constitutes a must-read for anyone seeking a proper understanding of the background, main dynamics and rationales underlying citizenship-for-sale schemes.” (Sergio Carrera, Professor, Migration Policy Centre, European University Institute, Italy, and Senior Research Fellow, CEPS, Belgium)“Should citizenship be purchased for money? Jelena Džankić has written a historically informed, comparatively rich, and politically relevant book on an important and timely question. Džankić reveals how wide citizenship-by-investment policies have become and analyzes their far-reaching consequences for democratic institutions. The book provides us with a novel way of thinking of assigning citizenship based on jus pecuniae (‘the law of money’). It is a must-read for anyone interested in―and troubled by―the changing nature of citizenship. A well-researched, greatly written, and intellectually compelling piece of scholarship!” (Liav Orgad, Director, Global Citizenship Governance, European University Institute, Italy)  Product Description This book presents a systematic study of the history, theory and policy of investor citizenship and residence programmes. It explores how states develop ne