IDEAS home Printed from https://ideas.repec.org/h/spr/conchp/978-3-031-74951-3_10.html
   My bibliography  Save this book chapter

Examination of Foreign Portfolio Investment

In: The Politics of Attracting Investment

Author

Listed:
  • Chase C. Englund

    (U.S. Department of the Treasury)

Abstract

This chapter extends the analysis developed in the prior chapters of this book to a new dependent variable: foreign portfolio investment (FPI). This chapter employs theory about the negative impact of political competition and competing economic elites on investor sentiment in nondemocratic settings to predict that political competition and competing economic elites will be negatively associated with FPI inflows to nondemocratic states. Using FPI data taken from the World Bank, along with empirical measures of political competition and the density of economic elites, this chapter provides an empirical test of these claims. The results indicate a strong negative association between both political competition and the number of economic elites on FPI in nondemocratic states and indicate that the effect of both variables is partly conditional on the other. This chapter also explores some case study applications of the theoretical claims to case study vignettes taken from Egypt and China.

Suggested Citation

  • Chase C. Englund, 2024. "Examination of Foreign Portfolio Investment," Contributions to Economics, in: The Politics of Attracting Investment, chapter 0, pages 169-190, Springer.
    • Handle: RePEc:spr:conchp:978-3-031-74951-3_10
    DOI: 10.1007/978-3-031-74951-3_10
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:conchp:978-3-031-74951-3_10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.