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Publications (4)
Working Paper
pdf
There are sound theoretical reasons to expect clientelism to suppress economic growth: politicians who garner support by offering employment to voters and grassroots party members can do so more effectively when the voters’ participation constraint is met with low wages. Hence, clientelism can...
Blog
The last several months have given us many reasons to worry about US democracy – not least the riot at the US Capitol and the president’s refusal to accept the results of the November election, with Republican support. Rachel Gisselquist argues that clientelism is yet another reason to worry...
Journal Article
– US FDI in Emerging Economies
Part of Journal Special Issue
FDI, Employment, and Growth in China and India
Working Paper
pdf
– US FDI in Emerging Economies
The paper investigates the impact of exchange rates on US foreign direct investment (FDI) flows to a sample of 16 emerging market countries using annual panel data for the period 1990-2002. Three separate exchange rate effects are considered: the value of the local currency (a cheaper currency...
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