Foreign direct investment inflows positively affect democracy, but the effect weakens over time. Oct 27th 2018. Progress in explaining how globalization affects democracy requires confronting these theoretical positions with data. As democracy is disrupted by globalization, the solution is to globalize democracy. Instructions To this end, a two-equation model is specified and estimated using data from 1972 to 2010 for 12 East Asian countries. PUMA wird von der Universitätsbibliothek Stuttgart betrieben. The theoretical literature presents conflicting expectations about the effect of globalization on national democratic governance. over 30 years of publication, the British Journal of Political Science is Downsides for Democracy. For terms and use, please refer to our Terms and Conditions Zitation zur lokalen Zwischenablage hinzufügen. Economic Globalization and Democracy: An Empirical Analysis. The great trilemma: are globalization, democracy, and sovereignty compatible? British Journal of Political Science 33 (1): 29-54 (2003) Abstract. The effects of four national aspects of globalization on democracy are examined: trade openness, foreign direct investment inflows, portfolio investment inflows and the spread of democratic ideas across countries. Foreign direct investment inflows positively affect democracy, but the effect weakens over time. option. The expansion and dominance of global companies and brands is another key feature. Hence, the increase involvement of INGO’s and other businesses furthers the transparency and … To reflect process, we use multi-dimensional, de facto, and continuous measures of democracy and globalization. We then conduct some empirical tests in a sample of developing countries to briefly evaluate the empirical relationship between democracy and economic globalization. The spread of democratic ideas promotes democracy persistently over time. Economies have become global. tween democracy and economic globalization in two main parts. Economic democracy is now a social, political, ... society and democracy. Italy’s conflict with Brussels reveals a European trilemma . Political reactions could threaten civil liberties. It publishes over 2,500 books a year for distribution in more than 200 countries. One view expects globalization to enhance democracy; a second argues the opposite; a third argues globalization does not necessarily affect democracy. Europe Oct 27th 2018 edition. JSTOR is part of ITHAKA, a not-for-profit organization helping the academic community use digital technologies to preserve the scholarly record and to advance research and teaching in sustainable ways. Q. LI, und R. REUVENY. The argument goes like this. globalization obstructs democracy, and globalization has no sy stematic effect on democracy. Cambridge University Press is committed by its charter to disseminate knowledge as widely as possible across the globe. The gathering momentum of globalization in the world economy has coincided with the spread of political democracy across countries. David Held (1993), a foremost writer on the politics of globalization, analysed and promoted the possibilities of a new form of politics and democracy which transcends the nation-state. One view expects globalization to enhance democracy; a second argues the opposite; a third argues globalization does not necessarily affect democracy. If we want to maintain and deepen democracy, we have to choose between the nation state and international economic integration. We assess empirically the effects of globalization on the level of democracy from 1970 to 1996 for 127 countries in a pooled time-series cross-sectional statistical model. 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