Project Finance Loans, Political Institutions, and Regime Survival

• In Event: Investing Globally, Influencing Locally: How Capital Mobility Affects Local Markets

Brief Overview

This paper explores the link between political institutions and international project finance loans. Our findings suggest that private investments from rich democracies contribute to regime survival in autocracies by providing investment channels.

Authors

• Ji Yeon (Jean) Yeon Hong, The Hong Kong University of Science and Technology

• Ilker Karaca, Iowa State University

• Ruilin Lai, The Hong Kong University of Science and Technology