Political regimes and foreign intervention

• 成果类型: Article
• 署名作者: Aidt, Toke S.; Albornoz, Facundo
• 署名单位: University of Birmingham; University of Cambridge; University of Cambridge
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2010.01.016
• 发表日期: 2011
• 页码: 192-201
• 关键词: Political transitions; DEMOCRACY; autocracy; Foreign investments; Foreign government intervention

摘要

We present a theory of endogenous political regimes that emphasizes foreign direct investment as a motive for foreign governments to either induce regime transitions or promote regime consolidations. We characterize different forms of foreign intervention and identify the conditions under which they occur. We highlight new channels through which economic factors affect political regime choices. Foreign intervention is most likely to originate from countries where the government has a substantial pro-investor bias and to be directed at destinations where FDI is highly profitable and where income inequality is high. Foreign-sponsored coups d'etat are more likely to be directed at democratic governments of poor countries. In destinations where FDI is highly profitable but the domestic elite is weak, foreign intervention tends to be aimed at stabilizing dictatorships. We relate the analysis to evidence on foreign intervention from around the world. (C) 2010 Elsevier B.V. All rights reserved.