Freedom and Finance : Democratization and Institutional Investors in Developing Countries
by
M. Haley
Book Details
Format
Hardback or Cased Book
Book Series
International Political Economy Series
ISBN-10
0333914481
ISBN-13
9780333914489
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jun 26th, 2001
Print length
200 Pages
Ksh 16,200.00
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Within a decade, private capital surpassed aid as the primary capital source for developing countries. A probe into institutional investors' coordination, asset concentration, political preferences, and activism, provides a framework for understanding the politics of international financial constraints.
Within a decade, private capital surpassed aid as the primary capital source for developing countries. This book explores how the increase of private funds, in particular portfolio capital, effects democratization in developing countries. A probe into institutional investors'' coordination, asset concentration, political preferences, and activism, provides a framework for understanding the politics of international financial constraints. Highlighting the dilemma presented by international finance''s simultaneous emphasis on austerity and stability, the question of whether this public-to-private shift might facilitate an anti-democratic strain is examined.
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