The Price of Going Left
In new democracies, right-leaning elections attract foreign investors
A few decades ago, developing countries were either one-party socialist states, absolute monarchies, or military juntas, and so were not privy to the planned chaos of elections. But with the spread of democracy, these countries now regularly enjoy the drama and disruption of voting. Multinational corporations (MNCs) not only watch these elections closely, but also plan their foreign investments according to the elections’ projected outcomes, finds Paul Vaaler, a professor of international...
Want more? Sorry, the full text of this article is only available to subscribers. Subscribe now.
Already a subscriber? Please log in by entering your email address and password into the red login box at the top-right corner of this page.
Need to register for your premium online access, which is included with your paid subscription? Register here.