International investment, political risk, and growth
By: by Philipp Harms.
Publisher: Kluwer Academic
Published: 2000
Place of publication: Boston
Language: eng
Number of pages: 197
Subjects: Investments, Foreign; Country risk; Economic development
Description: "International Investment, Political Risk, and Growth analyses 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 analyze 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."--BOOK JACKET.
Notes: Based on the author's doctoral thesis, submitted to the University of St. Gallen, Switzerland.

Includes bibliographical references (p. [173]-181) and indexes.