Credibility and Flexibility: Political Institutions and Foreign Direct Investment
Download or Read eBook Credibility and Flexibility: Political Institutions and Foreign Direct Investment PDF written by Yu Zheng and published by . This book was released on 2007 with total page 234 pages. Available in PDF, EPUB and Kindle.
Author | : Yu Zheng |
Publisher | : |
Total Pages | : 234 |
Release | : 2007 |
ISBN-10 | : 0549070907 |
ISBN-13 | : 9780549070900 |
Rating | : 4/5 (07 Downloads) |
Book Synopsis Credibility and Flexibility: Political Institutions and Foreign Direct Investment by : Yu Zheng
Book excerpt: This dissertation helps us understand the varieties of capitalism in developing countries and how the variation in socio-economic institutions may lead to various development patterns and policy outcomes. In particular, it suggests that authoritarian governments have the flexibility to use their discretionary authority to play a "helping hand" to promote economic growth, but whether the policy outcome is developmental or predatory largely depends on the credibility of local policy implementation.