Do Foreign Investors Punish Democracy ? Theory and Empirics , 1984 – 2001

@inproceedings{Jakobsen2006DoFI,
  title={Do Foreign Investors Punish Democracy ? Theory and Empirics , 1984 – 2001},
  author={J. Jakobsen and Indra de Soysa},
  year={2006}
}
Many view globalization as the simultaneous expansion of free markets (proxied by the growth of cross-border trade and investment) and the institutions of political democracy (de Soysa 2003, Held and McGrew 2000, Li and Resnick 2003, Milner and Kubota 2005, Simmons and Elkins 2004). Evidently, the future of globalization itself depends on whether free-market economics and political democracy mutually reinforce each other (Armijo 1999,Gill 1997,Rodrik 1997). For liberals, such asFriedrichHayek… CONTINUE READING