International Political Economy Series: Democratization and Institutional Investors in Developing Countries

Haley, M.

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.

Details

Published by: Palgrave Macmillan

Publication Date: 2001-06-26

Format: Hardcover

ISBN-13: 9780333914489

DOI: 10.1057/9781403940186

Dimensions: 216cm x140cm

Pages: 200