Happy Summer—stock up and save 30% on Palgrave books, eBooks & journals! Shop now >>

International Political Economy Series

Freedom and Finance

Democratization and Institutional Investors in Developing Countries

Authors: Haley, M.

Free Preview

Buy this book

eBook 89,99 €
price for Spain (gross)
  • ISBN 978-1-4039-4018-6
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 114,39 €
price for Spain (gross)
  • ISBN 978-0-333-91448-9
  • Free shipping for individuals worldwide
  • Online orders shipping within 2-3 days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

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.

About the authors

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.

Reviews

Mary Ann Haley directly tackles, and conclusively refutes, a crucial tenet of the contemporary international financial liberalizers: their claim that laissez faire international capital flows promote freedom in developing countries. Her careful study demonstrates that capital account liberalization, demanded from abroad, severely constrains the economic policy options of elected leaders in emerging market countries...This book provides a timely and important counter-weight to the prevalent, but mistaken, claim that open capital markets, including for short-term flows, and democracy reinforce one another.' - Leslie Elliott Armijo, Visiting Scholar, Reed College


Table of contents (6 chapters)

Table of contents (6 chapters)

Buy this book

eBook 89,99 €
price for Spain (gross)
  • ISBN 978-1-4039-4018-6
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 114,39 €
price for Spain (gross)
  • ISBN 978-0-333-91448-9
  • Free shipping for individuals worldwide
  • Online orders shipping within 2-3 days.
  • The final prices may differ from the prices shown due to specifics of VAT rules

Services for this book

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Freedom and Finance
Book Subtitle
Democratization and Institutional Investors in Developing Countries
Authors
Series Title
International Political Economy Series
Copyright
2001
Publisher
Palgrave Macmillan UK
Copyright Holder
Palgrave Macmillan, a division of Macmillan Publishers Limited
eBook ISBN
978-1-4039-4018-6
DOI
10.1057/9781403940186
Hardcover ISBN
978-0-333-91448-9
Series ISSN
2662-2483
Edition Number
1
Number of Pages
XIV, 200
Topics