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associated with higher investment. Our evidence also points to an effect on the risk of expropriation in non-democracies … private investment. Prior work explains such success by the relative size of the autocrat's winning coalition or the existence …
Persistent link: https://www.econbiz.de/10013133076
Persistent link: https://www.econbiz.de/10009248110
What explains private investment in autocracies, where institutions that discourage expropriation in democracies are … parties promote investment by solving collective-action problems among a designated group, who invest with the expectation … that the autocrat will not attempt their expropriation. We derive conditions under which autocrats want to create such …
Persistent link: https://www.econbiz.de/10012562618
The Xi-Li administration faces the dual challenge of managing state capitalism and shadow banking as China enters a … phase of more moderate economic growth. During China's first three decades of reform, private sector development occurred in … enterprises, while private businesses relied primarily on informal finance. However, China's response to global financial crisis …
Persistent link: https://www.econbiz.de/10013022517
The Xi-Li administration faces the dual challenge of managing state capitalism and shadow banking as China enters a … phase of more moderate economic growth. During China's first three decades of reform, private sector development occurred in … enterprises, while private businesses relied primarily on informal finance. However, China's response to global financial crisis …
Persistent link: https://www.econbiz.de/10011274608
assets undertaken by ABB in Wroclaw, Poland and Xiamen, China. With reference to political embeddedness, while the firm has a …
Persistent link: https://www.econbiz.de/10014047009
selectorate in specific instances of successful autocracy. We also show that, consistent with the theory, leadership turnover in …
Persistent link: https://www.econbiz.de/10014218461
This study looks at firms' investment spending in fixed and intangible assets around three types of national elections … investments decrease by 4.36% in parliamentary election years. Moreover, investment responses to electoral shocks differ markedly … within political systems and countries' institutional settings. Investment levels shift significantly downward in pre- and …
Persistent link: https://www.econbiz.de/10012868758
investment? Can 'good economics' somehow offset the effects of 'bad' politics? Kazakhstan is a case where an autocratic regime … has actively projected market-friendly policies and attracted significant amounts of incoming investment. These policies … investment disputes that question the attachment to the rule of law. Moreover, the political regime remains strongly personalized …
Persistent link: https://www.econbiz.de/10012589873
investment? Can 'good economics' somehow offset the effects of 'bad' politics? Kazakhstan is a case where an autocratic regime … has actively projected market-friendly policies and attracted significant amounts of incoming investment. These policies … investment disputes that question the attachment to the rule of law. Moreover, the political regime remains strongly personalised …
Persistent link: https://www.econbiz.de/10012628514