Foreign Direct Investment, Democracy and Development

Assessing Contours, Correlates and Concomitants of Globalization

By Indra de Soysa

© 2003 – Routledge

172 pages

Purchasing Options:
Paperback: 9781138810747
pub: 2014-06-23
US Dollars$54.95
Hardback: 9780415250542
pub: 2003-05-01
US Dollars$155.00

About the Book

The effects of globalization on economy and society are highly contested subjects in academic and political arenas. This study brings an empirical perspective to the crucially important arguments that encapsulate the major debates in this area. Using quantitative data, this book addresses the shape and degree of internationalisation by focussing on the impact of Foreign Direct Investment (FDI) and democracy on economic development and the effects of economic internationalisation on democracy.

The author examines democracy's effects on economic growth and considers the claim that foreign capital has a detrimental effect on democracy to show that FDI in fact plays a supporting role for democracy and creates higher growth rates than domestic capital. From these results the author suggests that policy makers should seek to encourage globalization by ensuring open access to products from poorer countries, encouraging private investment within poorer countries and that such countries should concentrate on building up human and institutional capital to attract investment.

Table of Contents

Chapter 1 The Contours of Globalization

Chapter 2 Globalization and Development: Theory Old and New

Chapter 3 Globalization and Growth Empirics

Chapter 4 Democracy and Growth: Theory Old and New

Chapter 5 Empirics of Democracy and Growth and Growth of Democracy

Chapter 6 Assessing Globalization's Correlates and Concomitants

About the Author

Indra de Soysa is Senior Research Fellow at the Center for Development Research, University of Bonn, Germany and leads a research group on 'Democracy, Rule of Law and Governance'. He has recently published articles in the Journal of Conflict Resolution, American Sociological Review, the Journal of Peace Research, and Global Environmental Politics and a number of book chapters in edited volumes. His research primarily centres on such issues as democratisation, political economy of violence and the effects of globalization on the economy and society.

About the Series

Routledge Advances in International Political Economy

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / International / General
BUSINESS & ECONOMICS / Development / Economic Development
BUSINESS & ECONOMICS / International / Economics