Using a panel of 138 countries over 1994-2005 we identify a channel through which a media free from government control promotes domestic investment. We hypothesize that a free media may enhance socio-political stability creating a favorable investment climate that attracts investment. A...

This article reviews the development of the media sector in British Hong Kong to the point where it was established as the most extensive and free such sector in East Asia. It then considers the challenges faced by the media sector following the reversion of sovereignty over Hong Kong, in 1997,...

Using a panel of 138 countries over 1994-2005 we identify a channel through which a media free from government control promotes domestic investment. We hypothesize that as media becomes freer socio-political stability is enhanced due to the creation of a favorable business climate that attracts...