Freedom and Finance
ISBN:
978-0-333-91448-9
Auflage:
2001
Verlag:
Palgrave Macmillan UK
Land des Verlags:
Vereinigtes Königreich
Erscheinungsdatum:
26.06.2001
Reihe:
International Political Economy Series
Format:
Hardcover
Seitenanzahl:
200
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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.
Schlagwörter
Biografische Anmerkung
MARY ANN HALEY is a Lecturer at Fairfield University in Connecticut. Her previous publications include Emerging Market Makers: The Power of Institutional Investors. She has served as vice president of Intercontinental Publications; a company dedicated to technology transfer to developing countries.
