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dc.creator Busse, Matthias
dc.date 2003
dc.date.accessioned 2013-10-16T07:04:08Z
dc.date.available 2013-10-16T07:04:08Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19312
dc.identifier ppn:360946224
dc.identifier RePEc:zbw:hwwadp:26260
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19312
dc.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.
dc.language eng
dc.publisher
dc.relation HWWA Discussion Paper 220
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F21
dc.subject F23
dc.subject C31
dc.subject C33
dc.subject ddc:330
dc.subject FDI
dc.subject Democracy
dc.subject Political Rights
dc.subject Civil Liberties
dc.subject Direktinvestition
dc.subject Multinationales Unternehmen
dc.subject Demokratie
dc.subject Menschenrechte
dc.subject Schätzung
dc.subject Welt
dc.title Democracy and FDI
dc.type doc-type:workingPaper
dc.coverage 1970-2000


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