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The Perils of International Capital

The Perils of International Capital

£22.99

  • Publication planned for: November 2019
  • availability: Not yet published - available from November 2019
  • format: Paperback
  • isbn: 9781108726856

£ 22.99
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  • Can foreign capital empower dictatorship? This groundbreaking book develops a unified theory that links three prominent forms of international capital to the endurance of dictatorships.   International capital empowers governments to finance two key instruments of nondemocratic politics: repression and patronage. The Perils of International Capital uses theory, case studies, and cross-national statistical evidence to demonstrate causal effects between foreign capital and authoritarian politics.   These finding are crucial to scholars and policymakers alike, as they call for a recalibration of the welfare effects associated with greater financial globalization. Ahmed reveals that, while foreign capital may improve economic development, it can tragically hinder democratic governance in the process.

    • ·         Introduces a new theory of foreign capital and public finance using ordinary-language explanations, making the theory accessible to a wider range of readers without specialized training in international relations, international economics, or game theory ·         Employs creative ways to evaluate “cause and effect” relationships in the social sciences  ·         Relevant, as people become more interested in protecting democracy and the rise of authoritarian governments
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    Product details

    • Publication planned for: November 2019
    • format: Paperback
    • isbn: 9781108726856
    • dimensions: 228 x 152 mm
    • contains: 22 b/w illus. 26 tables
    • availability: Not yet published - available from November 2019
  • Table of Contents

    1. The Politics of International Capital
    2. International Capital and Authoritarian Survival: A Descriptive Overview
    3. Foreign Rents and Rule
    4. Aiding Repression
    5. Remittances and Autocratic Power
    6. Foreign Investments in Militarism
    7. Conclusion

  • Author

    Faisal Z. Ahmed, Princeton University, New Jersey
    Faisal Z. Ahmed is an assistant professor of politics at Princeton University. His research centers on political economy and international economics. He has published articles in leading journals in economics and political science. Prior to joining the faculty at Princeton, he served as an economist at the Federal Reserve of Chicago and White House Council of Economic Advisers.  

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