The Perils of International Capital

In his recently published book, The Perils of International Capital, Faisal Ahmed develops a unified theory that links three prominent forms of international capital to the endurance of dictatorships. International capital empowers governments to finance two key instruments of non-democratic politics: repression and patronage. The Perils of International Capital uses theory, case studies, and cross-national statistical evidence to demonstrate causal effects between foreign capital and authoritarian politics. Ahmed reveals that, while foreign capital may improve economic development, it can tragically hinder democratic governance in the process.

Ahmed, Faisal Z. The Perils of International Capital. Cambridge University Press, 2019.

Unions and Inequality Over the Twentieth Century

The Perils of International Capital

Endogenous Parliaments

Lobbying and Policy Extremism

Bargaining and Strategic Voting on Appellate Courts

PE Students on the Market: Noam Reich (POL)

PE Students on the Market: Parth Parihar (ECO)

Zhao Li: How Internal Constraints Shape Interest Group Activities

Gleason Judd: Access and Lobbying in Legislatures

Mica Sviatschi: Making a Gangster

Subscribe to Blog