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Article: Reports from Texas A&M University add new data to research in political science.
- Article from:
- Politics & Government Week
- Article date:
- August 6, 2009
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"Stylized evidence indicates that democracies and autocracies both expropriate foreign direct investment but that democracies do so less frequently. What explains the similarities and differences in expropriation between regime types? An analysis of actual expropriation acts in 63 developing countries from 1960 to 1990 shows that democracies are most likely to expropriate foreign investment when leaders face little political constraint and when they reside in countries with frequent leadership turnover," scientists in the United States report.
"Autocrats are least likely to expropriate foreign assets when they face high political constraints and have stayed in ...