Foreign Investment and Political Regimes

The Oil Sector in Azerbaijan, Russia, and Norway

By:

Oksan Bayulgen

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Hardback

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Description

Drawing on three in-depth case studies of oil-rich countries and statistical analyses of 132 countries over three decades, Bayulgen demonstrates that the link between democratization and FDI is nonlinear. Both authoritarian regimes and consolidated democracies have institutional capabilities that, though different, are attractive to foreign investors. Democracies can provide long-term stability, and authoritarian regimes can offer considerable flexibility. The regimes that have started on the road to democracy, but have not yet completed it, tend to have political institutions that provide neither flexibility nor stability. These hybrid regimes, then, also find it relatively more difficult to construct a policy environment that is attractive to foreign investments. These findings have deep implications for the link between democratization and globalization, but also how globalization may affect political, social, and economic development.

Author Biography:

Oksan Bayulgen is an Assistant Professor of Political Science at the University of Connecticut. Bayulgen has published numerous articles on foreign investment, oil politics, democratization, and microfinance in such journals as Communist and Post-Communist Studies, Business and Politics, and International Studies Review. She has received research grants from the Ford Foundation, University of Texas at Austin, and University of Connecticut to conduct extensive field-work in Azerbaijan, Russia, Norway, Kazakhstan and Turkey.

Release date Australia

January 29th, 2010

Author

Oksan Bayulgen

Audience

Professional & Vocational

Illustrations

7 Tables, unspecified; 2 Line drawings, unspecified

Pages

290

Dimensions

161x235x23

ISBN-13

9780521425889

Product ID

3678352

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