Antonis Adam|Fragkiskos Filippaios
Foreign direct investment and civil liberties: A new perspective
University of Cyprus|University of Kent
conjecture democracy discourages foreign direct investment fdi widely refuted empirical studies however find support view distinguish civil political liberties propose multinational firms tend invest countries low civil high political liberties show negative relationship civil liberties fdi humpshaped threshold level civil liberties exists repression civil liberties associated fdi results explained different economic motives fdi different groups countries