{"product_id":"international-investment-political-risk-and-growth-von-philipp-harms","title":"International Investment, Political Risk, and Growth","description":"\n                                Following 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,  \n                \n                \u003cem\u003eInternational Investment, Political Risk, and Growth\u003c\/em\u003e\n                                 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.\n            \n            \u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9780792378334\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Hardcover - 9780792378334","offer_id":51465187654,"sku":"9780792378334","price":106.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/a3788f0e-094a-4824-be89-b2b04619036a.jpg?v=1770526871","url":"https:\/\/shop.autorenwelt.de\/products\/international-investment-political-risk-and-growth-von-philipp-harms","provider":"Autorenwelt Shop","version":"1.0","type":"link"}