Abstract
In this paper, I examine the effectiveness of improvements in political and civil rights for attracting foreign direct investment flows (FDI) into democracies. I contend that advances in the quality of democracy - specifically those concerning civil rights - present positive but decreasing marginal returns in attracting FDI inflows. I empirically prove this proposition by using panel data regressions within the Latin American and Eastern European contexts from periods following their democratization (1991-2003).
Original language | English |
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Pages (from-to) | 5-21 |
Number of pages | 17 |
Journal | Romanian Journal of Political Science |
Volume | 10 |
Issue number | 1 |
Publication status | Published - 2010 |
All Science Journal Classification (ASJC) codes
- Sociology and Political Science
- Political Science and International Relations