Michael, Bryane - In: Research in Globalization 8 (2024), pp. 1-23
What role does polyarchy (and thus increased democracy) play in aiding the development of an international financial … jurisdictions use autocracy (less polyarchy) to help grow out their financial centres. We look at the growth of these financial … centres as the extent to which they attract more funds from abroad (cross-border bank liabilities). Polyarchy decreases as …