Trade, Foreigninvestment, Andsecurity

Bibliographic Data

ID6233002
AuthorsRichard Rosecrance (University of California, Los Angeles), Paul M Thompson (0000-0002-4720-8867, University of California, Los Angeles), Peter Thompson (0000-0003-4661-6233, University of California, Los Angeles)
Year2003
Volume6
Issue1
Pages377-398
Publication date2003-06-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueAnnual Review of Political Science (BOOK_SERIES)
Journal identifiersISSN: 1094-2939 • E-ISSN: 1545-1577
PublisherAnnual Reviews (PUBLISHER • US)
DOI10.1146/annurev.polisci.6.121901.085631
OpenAlexW2157378173
LanguageEN
Citations received24
References cited34

Trade interdependence does not always reduce hostility between states. It depends on whether the trade represents vulnerability or sensitivity interdependence. Portfolio investment also does not represent a tie that binds politically. Even more important, foreign direct investment (FDI) represents a link that is costly (and time-consuming) to break. Thus, FDI links between countries are more likely to reduce conflict than trading links. Evidence shows that symmetrical FDI is the most stable guarantor of low conflict between countries. One factor generating conflict may be that scarce factors of production are in political command. Abundant factors, now more generally in power among developed states, may be partly responsible for the diminishment of conflict among these states in recent years

Computer security · Economics · Financial economics · Foreign direct investment · International trade · Investment (military · Political science · Politics · Portfolio · Vulnerability (computing · Computer Science · Corruption and Economic Development · Global Financial Crisis and Policies · International Development and Aid

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