Book contents
- The Perils of International Capital
- The Perils of International Capital
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Acknowledgments
- 1 The Politics of International Capital
- 2 International Capital and Authoritarian Survival
- 3 Foreign Rents and Rule
- 4 Aiding Repression
- 5 Remittances and Autocratic Power
- 6 Foreign Direct Investment in Militarism
- 7 Conclusion
- References
- Index
3 - Foreign Rents and Rule
Published online by Cambridge University Press: 10 December 2019
- The Perils of International Capital
- The Perils of International Capital
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Acknowledgments
- 1 The Politics of International Capital
- 2 International Capital and Authoritarian Survival
- 3 Foreign Rents and Rule
- 4 Aiding Repression
- 5 Remittances and Autocratic Power
- 6 Foreign Direct Investment in Militarism
- 7 Conclusion
- References
- Index
Summary
The trends in Chapter 2 provide preliminary evidence of a positive association between international capital inflows and leader survival in less democratic polities. But why should inflows of foreign aid, remittances, and foreign direct investment (FDI) affect the fate of leaders, and do so more in nondemocratic regimes? After all, these capital inflows are received by various actors within an economy and do not all necessarily accrue directly to governments. This chapter develops a theory that explains how governments can use capital inflows to fund strategies of political survival. In particular, international capital can embody nontax properties that enable leaders to finance repression and accumulate loyalty.
- Type
- Chapter
- Information
- The Perils of International Capital , pp. 42 - 75Publisher: Cambridge University PressPrint publication year: 2019