Raise the Debt: How Developing Countries Choose Their Creditors - Couverture souple

Bunte, Jonas B.

 
9780190866174: Raise the Debt: How Developing Countries Choose Their Creditors

Synopsis

Credit is the lifeblood of capitalism and development. Brazil, Russia, India, and China-also called BRICs-have become important creditors to developing countries. However, how will their loans affect economic development and democracy in recipient countries? We need to understand why governments accept Chinese over Western loan offers before we can predict their likely consequences. In Raise the Debt, Jonas B. Bunte systematically explains how governments choose among competing loan offers. Using statistical analyses and extensive interview data, he shows that the strings attached to loans vary across creditors. Consequently, one domestic interest group may benefit from Chinese credit but not U.S. loans, while the opposite is the case for other groups. Bunte provides evidence that governments cater to whichever domestic interest group is politically dominant when deciding between competing loan offers. Combining a comparative politics approach with international political economy methods, Raise the Debt shows how a deeper understanding of governments' borrowing decisions is critical for gaining insights into how these loans could impact growth and democracy on a global scale.

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À propos de l?auteur

Jonas B. Bunte is Assistant Professor of Political Economy at the University of Texas at Dallas. He studies the politics of finance and development. His work has appeared in the British Journal of Political Science, International Studies Quarterly, Journal of Peace Research, World Development, Review of International Political Economy, and elsewhere. He received his PhD in Political Science from the University of Minnesota.

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Autres éditions populaires du même titre

9780190866167: Raise the Debt: How Developing Countries Choose Their Creditors

Edition présentée

ISBN 10 :  0190866160 ISBN 13 :  9780190866167
Editeur : Oxford University Press Inc, 2019
Couverture rigide