{"product_id":"international-investment-political-risk-and-growth-9781461370390","title":"International Investment, Political Risk, and Growth","description":"\u003cp\u003e • Author(s): Philipp Harms\u003cbr\u003e • Publisher: Springer\u003cbr\u003e • Publisher Imprint: Springer\u003cbr\u003e • BISAC: Investments \u0026amp; Securities - General\u003c\/p\u003e\u003cp\u003eFollowing substantial policy reforms in many countries, the past decade has been characterized by a remarkable increase of long-term private capital flows to the developing world. However, the bulk of these investments has concentrated on a few economies at the intermediate level of the international income distribution, while the large number of low-income countries has been mostly neglected by international investors. Starting from these observations, \u003cem\u003eInternational Investment, Political Risk, and Growth\u003c\/em\u003e analyzes the potential growth effects of liberalizing investment regimes in developing economies and offers an explanation for the apparent bias of private capital flows towards middle-income countries. It demonstrates that the removal of investment barriers may liberate an economy from a vicious circle of poverty, unproductive saving, and low growth, and presents a novel approach to analyzing the role of political risk as a major impediment to greater private capital inflows. Offering a combination of theoretical models and empirical analysis, and discussing both the historical evidence and the recent literature, this book contributes to a better understanding of the determinants and consequences of international investment in developing countries.\u003c\/p\u003e","brand":"Springer","offers":[{"title":"Paperback","offer_id":45281150697623,"sku":"9781461370390","price":7345.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781461370390.webp?v=1769298378","url":"https:\/\/atlanticbooks.com\/products\/international-investment-political-risk-and-growth-9781461370390","provider":"Atlantic Books","version":"1.0","type":"link"}