Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19312
Title: Democracy and FDI
Keywords: F21
F23
C31
C33
ddc:330
FDI
Democracy
Political Rights
Civil Liberties
Direktinvestition
Multinationales Unternehmen
Demokratie
Menschenrechte
Schätzung
Welt
Issue Date: 16-Oct-2013
Publisher: 
Description: 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.
URI: http://koha.mediu.edu.my:8181/xmlui/handle/10419/19312
Other Identifiers: http://hdl.handle.net/10419/19312
ppn:360946224
RePEc:zbw:hwwadp:26260
Appears in Collections:EconStor

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