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Erscheinungsjahr: 
2001
Schriftenreihe/Nr.: 
CESifo Working Paper No. 421
Verlag: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Zusammenfassung: 
Multinational enterprises are often accused to have a preference for investing in countries in which the working populations' civil and political rights are largely disregarded. This paper presents an empirical investigation of the popular political repression boosts FDI hypothesis and arrives at the conclusion that the hypothesis is not supported. On the contrary, multinational enterprises rather appear to be attracted by countries in which civil and political freedom is respected. Our finding thus supports the notion that there is a positive relationship between democracy and economic growth.
Schlagwörter: 
Foreign direct investment
globalization
globalisation
democracy
freedom
Dokumentart: 
Working Paper
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