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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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