Data/hora: 09/06/2024 15:33:34

Provedor de dados: | Research in Agricultural & Applied Economics (AgEcon Searh)
País: | United States
Título: | Democracy and FDI
Autores: | Busse,   Matthias.
Data: | 2006-03-27
Ano: | 2003
Palavras-chave: | FDI; Democracy; Political Rights; Civil Liberties; Political Economy; C31; C 33; F21; F23.
Resumo: | Many believe that multinational enterprises insensitively ignore political rights and civil liberties in the countries of their investments. Frequently, non-governmental organisations accuse multinationals of fostering repressive regimes in developing countries and consider foreign direct investment (FDI) as a tool of exploitation. This paper tries to examine empirically the complex relationship between democracy and FDI in a systematic way, using cross-sectional and panel data analysis. The results indicate that - on average - investments by multinationals are significantly higher in democratic countries, thereby refuting the hypothesis that political repression fosters FDI. Yet this positive link does not hold for the 1970s, when a considerable share of FDI flowed to countries with repressive regimes.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

20519

http://purl.umn.edu/26260

Editor: | AgEcon Search

Relação:

Hamburg Institute of International Economics&gt;Discussion Paper Series

HWWA Discussion Paper 220

Formato:

31

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