Freedom and Finance: Democratization and Institutional Investors in Developing Countries (International Political Economy Series)
By M. Haley.
Description
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 publi...
ISBN(s)
0333914481, 9780333914489
