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| Author: | Frieden, J. |
| Title: | International investment and colonial control: a new interpretation |
| Journal: | International Organization
1994 : AUTUMN, VOL. 48:4, p. 559-594 |
| Index terms: | INTERNATIONAL INVESTMENT CONTROL |
| Language: | eng |
| Abstract: | The impact of economic factors on colonial imperialism in the late nineteenth century has long been a topic of debate. This article examines the expected relationship between different forms of international investment and different patterns of political ties between developed and developing countries. Drawing on the literature on relational contracts and collective action, it argues that direct colonial control was likely to be associated with cross-border investments whose rents were particularly easy to seize or protect, and whose protection did not require multilateral action. |
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