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Misleading Modernization: A Case for the Role of Foreign Capital in Democratization

x, 84 p. : ill. / Modernization theory posits that economic growth and democratization are mutually constitutive processes. I extend a recent literature that finds this relationship to be spurious due to the existence of a number of international factors, specifically the role of foreign capital. Through two-stage least square (2SLS) regressions for as wide a sample as the data allow and two case studies (Indonesia and the Philippines), I find that the presence of US capital significantly influences domestic political institutions. This relationship, however, is non-linear and interrelated with exogenous shocks. / Committee in charge: Tuong Vu, Chairperson;
Craig Parsons, Member;
Karrie Koesel, Member;
Will Terry, Member

Identiferoai:union.ndltd.org:uoregon.edu/oai:scholarsbank.uoregon.edu:1794/11986
Date09 1900
CreatorsWeinerman, Michael Alexander, 1983-
PublisherUniversity of Oregon
Source SetsUniversity of Oregon
Languageen_US
Detected LanguageEnglish
TypeThesis
Rightsrights_reserved
RelationUniversity of Oregon theses, Dept. of Political Science, M.S., 2011;

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