Los riesgos políticos en la inversión extranjera directael componente económico en el riesgo de violencia política

  1. Noemi Dans Rodriguez 1
  1. 1 Universidad Complutense de Madrid
    info

    Universidad Complutense de Madrid

    Madrid, España

    ROR 02p0gd045

Journal:
Revista de economía mundial

ISSN: 1576-0162

Year of publication: 2015

Issue: 39

Pages: 21-44

Type: Article

DIALNET GOOGLE SCHOLAR lock_openArias Montano editor

More publications in: Revista de economía mundial

Abstract

The origin of the political violence has been investigated by politic and economic scientists from two different points of view: social grievance and greed. Econometric models based on greeds explain better the causes of modern conflicts. Their findings provide usefull and relevant information for multinational corporations, wich are exposed to a risk of loss in every developing country they operate. In order to obtain a rigurous assessment of the political violence risk based on academic research, it is essential to have a general view of the elemements related with conflicts and how they impact on the probability of loss. Therefore, it is essential to compare the findings of econometric studies and obtain the elements that cause conflicts. This is the first step to get the indicators to assess the risk of political violence.

Bibliographic References

  • Auty, R. (2008): "Political Economy of African Mineral Revenue Deployment: Angola, Botswana, Nigeria and Zambia Compared," Real Instituto Elcano, 28/2008, Madrid.
  • Auty, R. (2010): "Links between Resource Extraction, Governance And Development: African Experience," Real Instituto Elcano, 171/2010, Madrid.
  • Berne Union (2012): Yearbook 2012. Exporta Publishing & Events Ltd. Londres.
  • Collier, P. (2007): "Commodity Prices, Growth, and the Natural Resource Curse: Reconciling a Conundrum," CSAE Working Paper, CSAE WPS/2007-15.
  • Collier, P. y Hoeffler, A. (2002): "Greed and Grievance in Civil Wars," CSAE Working Paper, CSAE WPS/2002-01
  • Collier, P. y Hoeffler, A. (2004): "Greed and Grievance in Civil Wars," Oxford Economic Papers, 56: 563-595
  • Dans, N. (2012): "El riesgo país en la inversión extranjera directa: concepto y modalidades de riesgo," Papeles de Europa, 2012, nº 25. Disponible en http://revistas.ucm.es/index.php/PADE/article/view/41100
  • Di John, J. (2009): "Fiscalidad, gobernanza y movilización de recursos," Real Instituto Elcano, 49/2009, Madrid.
  • Di John, J. (2010a): "The Resource Curse: Theory and Evidence," Real Instituto Elcano, 172/2010, Madrid.
  • Di John, J. (2010b): "Conceptualizaciõn de las causas y consecuencias de los estados fallidos: una reseña crítica de la literatura," Revista de Estudios Sociates, 37, 56-86.
  • Di John, J. (2011): "Failed States in Sub-Saharan Africa: a Review of the Literature," Real Instituto Etcano, ARI 5/2011, Madrid.
  • Doyle, M. W. y Sambanis, N. (2000): "International Peacebuilding: a Theoretical and Quantitative Analysis," American Political Science Review, 94(4):778-801.
  • Dube, O. y Vargas, J.F. (2009): "Commodity price shocks and civil conflict: evidence from Colombia," Working Paper, Harvard University and UCLA.
  • Elbadawi, I. y Sambanis, N. (2002): "How much war will we see? explaining the prevalence of civil war," Journal of Conflict Resolution, 46 (June), 307-34.
  • Esteban, J.M. y Ray, D. (1999): "Conflict and distribution," Journal of Economic Theory, 87, 379-415
  • Esteban J.M., Mayoral, L. y Ray, D. (2012): "Ethnicity and conflic: theory and facts," Science, 336 (6083), 858-865
  • Easterly, W. y Levine, R. (1997): "Africa's growth tragedy: policies and ethnic divisions," The Quarterly Journal of Economics, 112 Noviembre: 1203-50
  • Fearon, J.D. y Laitin, D.D. (2003): "Ethnicity, insurgency and civil war," American Political Science Review, 97, 75-90
  • Gordon, K. (2008): "Investment guarantees," OECD Investment Policy Perspectives, OECD, Paris.
  • Ghani, E. y Iyer, L. (2010): "Conflict and development: lessons from South Asia," Economic Premise, The Worl Bank.
  • Herber, M.E. (1992): "Foreign direct investment in country risk analysis," International Economic Consultants, Rouledge, Londres y Nueva York.
  • Iranzo, S. (2008): "Delving into country risk," Documentos ocasionales nº 08082. Banco de España, Madrid, 2008.
  • Li, Q. (2006): "Political violence and foreign direct investment," Regional Economic Integration Research in Global Strategic Management, Volume 12, 231-255.
  • Mañé, A. y De la Camara, C. (2005): "Is Russia drifting toward an oil rentier economy," Eastern European Economics, 43(5), 46-73. M.E. Sharpe Inc.
  • Meldrum, D. H. (2000): "Country risk and foreign direct investment," Business Economics, NABE, National association of Business Economics, Washington.
  • MIGA, Multilateral Investment Guarantee Agency (2011): World Investment and Political Risk. Grupo Banco Mundial, Washington.
  • Miguel, E., Satyanath, S. y Sergenti, E. (2004): "Economic shocks and civil conflict: an instrumental variables approach," Journal of Political Economy, 112:725-753.
  • Moosa, I.A. (2002): Foreign direct investment: theory and practice. Palgrave Macmillan. Nueva York, 2002.
  • OECD (2009): "OECD Studies in risk managment. Innovation in country risk management," OECD/DAC Discussion paper, Paris.
  • Reynal-Querol, M. (2000): "Religious Conflict and Growth: Theory and Evidence." Ph. D. Thesis, London School of Economics and Political Science.
  • Ross, M. (2004): "What Do We Know About Natural Resources and Civil War?," disponible en http://www.sscnet.ucla.edu/polisci/faculty/ross/whatdowe-know.pdf consultado el 31 de mayo de 2011
  • Sambanis, N. (2002): "A Review of Recent Advances and Future Directions in the Quantitative Literature on Civil War," Defence and Peace Economics, 13:3, 215-243
  • Snyder, R. Y Bhavnani, R. (2005): "Diamonds, Blood and Taxes," Journal of Conflict Resolution 49 (4), 563-597.
  • Snyder, R (2006): "Does lootable wealth breed disorder?: A political economy of extraction framework," Comparative Political Studies, 39 (8), 943-968
Data source: Dialnet