Jakobsen, Jo; Soysa, Indra de - In: Kyklos 59 (2006) 3, pp. 383-410
Some claim that when level of property rights protection is controlled, democracy lowers foreign direct investment (FDI) to developing countries ( <link rid="b51">Li and Resnick 2003</link>). We critically examine the theoretical claims of the pessimistic arguments and show that FDI responds to preferences of...
