Published online by Cambridge University Press: 10 December 2019
Cross-border flows of foreign aid, foreign direct investment (FDI), and remittances are salient features of the global economy. These transfers involve different actors – firms, governments, and households – in almost every country. For many countries, these capital flows account for a significant share of national income that can potentially affect politics. This raises an important question: can governments harness these foreign capital flows to their political advantage? And if this is the case, how might governments do so? These are the central questions addressed by this book.
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