Bayulgen, Oksan

Foreign investment and political regimes : the oil sector in Azerbaijan, Russia and Norway / Oksan Bayulgen - Cambridge : Cambridge University Press, 2010 - xiii, 274 p. 24 cm

Drawing on three in-depth case studies of oil-rich countries and statistical analyses of 132 countries over three decades, Bayulgen demonstrates that the link between democratization and FDI is nonlinear. Both authoritarian regimes and consolidated democracies have institutional capabilities that, though different, are attractive to foreign investors. Democracies can provide long-term stability, and authoritarian regimes can offer considerable flexibility. The regimes that have started on the road to democracy, but have not yet completed it, tend to have political institutions that provide neither flexibility nor stability. These hybrid regimes, then, also find it relatively more difficult to construct a policy environment that is attractive to foreign investments.

9780521425889


Investments, Foreign--Azerbaijan
Investments, Foreign--Norway.
Investments, Foreign--Russia (Federation)
Petroleum industry and trade--Azerbaijan
Petroleum industry and trade--Norway
Petroleum industry and trade--Russia (Federation)

338.272820947 / BAY