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Freedom and Finance
M. Haley
其他書名
Democratization and Institutional Investors in Developing Countries
出版Springer, 2001-06-26
主題Business & Economics / Economics / MacroeconomicsBusiness & Economics / Money & Monetary PolicyPolitical Science / International Relations / GeneralPolitical Science / International Relations / Trade & TariffsBusiness & Economics / Industries / Financial ServicesPolitical Science / GeneralBusiness & Economics / Development / Economic DevelopmentBusiness & Economics / Economics / GeneralPolitical Science / Public Policy / Economic PolicyPolitical Science / History & Theory
ISBN14039401859781403940186
URLhttp://books.google.com.hk/books?id=FGeCDAAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋Within a decade, private capital surpassed aid as the primary capital source for developing countries. This book explores how the increase of private funds, in particular portfolio capital, effects democratization in developing countries. A probe into institutional investors' coordination, asset concentration, political preferences, and activism, provides a framework for understanding the politics of international financial constraints. Highlighting the dilemma presented by international finance's simultaneous emphasis on austerity and stability, the question of whether this public-to-private shift might facilitate an anti-democratic strain is examined.