International Investment, Political Risk, and Growth

1: Introduction.- 1.1 General Motivation and Objectives.- 1.2 Original Contributions.- 1.3 Structure of the Book.- 2: Unstable Growth and International Investment: Empirical Evidence and Literature Survey.- 2.1 “Meltdowns” and “Plains”: The Instability of Developing Countries’ Growth Rates.- 2.2 Theoretical Explanations of Developing Countries’ Growth Performance.- 2.3 International Capital Markets and Growth.- 2.4 Chapter Summary.- Notes.- 3: Stochastic Growth, Poverty Traps, and International Investment.- 3.1 Financial Institutions and Growth.- 3.2 The Closed Economy.- 3.3 The Open Economy.- 3.4 Chapter Summary.- 3.5 Appendices.- Notes.- 4: The Evidence on International Investment and Political Risk.- 4.1 Private Foreign Investment in Developing Countries.- 4.2 Theoretical Puzzles and Solutions.- 4.3 Capital Market Integration and Segmentation.- 4.4 Existing Barriers and Political Risk.- 4.5 Does Political Risk Matter for International Investment? A Literature Survey.- 4.6 Political Risk and Equity Investment - An Empirical Analysis.- 4.7 Chapter Summary.- 4.8 Appendices.- Notes.- 5: The Theoretical Analysis of Political Risk.- 5.1 Traditional Models of Political Risk.- 5.2 Foreign Investment, Host Country Income, and Multiple Equilibria.- 5.3 Distributional Conflict and Investment.- 5.4 Chapter Summary.- Notes.- 6: Host Country Income and the Discrimination of Foreign Investors.- 6.1 Motivation and Central Assumptions.- 6.2 International Diversification and Growth Revisited.- 6.3 The Decision to Discriminate Foreign Investors.- 6.4 Chapter Summary.- 6.5 Appendix: An Alternative Motivation of the Political Support Function.- Notes.- 7: Redistribution in the Closed and the Open Economy.- 7.1 Motivation and Central Assumptions.- 7.2 Redistribution in theClosed Economy.- 7.3 Redistribution and Capital Flight in the Open Economy.- 7.4 Chapter Summary.- 7.5 Appendices.- Notes.- 8: Intragenerational Conflict and Political Risk.- 8.1 Motivation and Central Assumptions.- 8.2 The Policy Decision with Fixed Costs and Heterogeneous Agents.- 8.3 Chapter Summary.- 8.4 Appendix: Proof of Proposition 8.1.- Notes.- 9: Summary and Conclusions.- References.- Author Index.- Symbols and Abbreviations.