{"product_id":"9780792378334","title":"International Investment, Political Risk, and Growth","description":"\u003ch1\u003eInternational Investment, Political Risk, and Growth\u003c\/h1\u003e \u003ch2\u003eHarms, Philipp\u003c\/h2\u003e \u003cp\u003eFollowing substantial policy reforms in many countries, the  past decade has been characterized by a remarkable increase of  long-term private capital flows to the developing world. However, the  bulk of these investments has concentrated on a few economies at the  intermediate level of the international income distribution, while the  large number of low-income countries has been mostly neglected by  international investors. Starting from these observations,  \u003cem\u003eInternational Investment, Political Risk, and Growth\u003c\/em\u003e analyzes  the potential growth effects of liberalizing investment regimes in  developing economies and offers an explanation for the apparent bias  of private capital flows towards middle-income countries. It  demonstrates that the removal of investment barriers may liberate an  economy from a vicious circle of poverty, unproductive saving, and low  growth, and presents a novel approach to analyzing the role of  political risk as a major impediment to greater private capital  inflows. Offering a combination of theoretical models and empirical  analysis, and discussing both the historical evidence and the recent  literature, this book contributes to a better understanding of the  determinants and consequences of international investment in  developing countries.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2000-04-30\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9780792378334\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-1-4615-4521-7\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 197\u003c\/p\u003e ","brand":"Springer US","offers":[{"title":"Default Title","offer_id":46265719062668,"sku":"9780792378334","price":98.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780792378334.jpg?v=1770789183","url":"https:\/\/lateknightbooks.com\/products\/9780792378334","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}