Foreign investments and political regimes : the oil sector in Azerbaijan, Russia, and Norway / Oksan Bayulgen.

Format:

Book

Author/Creator:

Bayulgen, Oksan, author.

Language:

English

Subjects (All):

Petroleum industry and trade--Azerbaijan.

Petroleum industry and trade.

Petroleum industry and trade--Russia (Federation).

Petroleum industry and trade--Norway.

Investments, Foreign--Azerbaijan.

Investments, Foreign.

Investments, Foreign--Russia (Federation).

Investments, Foreign--Norway.

Physical Description:

1 online resource (xiii, 274 pages) : digital, PDF file(s).

Other Title:

Foreign Investment & Political Regimes

Place of Publication:

Cambridge : Cambridge University Press, 2010.

Language Note:

English

Summary:

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. These findings have deep implications for the link between democratization and globalization, but also how globalization may affect political, social, and economic development.

Contents:

Introduction

Political risks in oil investments: a history of antagonistic interdependence between companies and host-governments

With or without democracy?: the political economy of foreign direct investments

Curse or blessing?: effects of FDI on development

Azerbaijan: one-stop shopping

Russia: two steps forward, one step back

Norway: icon of stability

Beyond three cases and oil

Conclusion.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Includes bibliographical references (p. 243-264) and index.

ISBN:

1-107-20580-8

1-282-52580-8

9786612525803

0-511-67804-5

0-511-68127-5

0-511-67678-6

0-511-68325-1

0-511-67604-2

0-511-67929-7

OCLC:

609860372