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).
|Number of pages||17|
|Journal||Romanian Journal of Political Science|
|Publication status||Published - 2010|
All Science Journal Classification (ASJC) codes
- Sociology and Political Science
- Political Science and International Relations