Foreign direct investment and government-to-government economic development assistance are critical for emerging economies, the Center for International Private Enterprise observes. Foreign direct investment also signifies a vote of confidence in the political leadership and long-term economic prospects in fragile states. However, there is growing evidence that many forms of state-driven capital from authoritarian nations are having a corrosive effect on democratic institutions and private enterprise.
The following event will examine the impact on rule of law and governance in developing nations that receive substantial foreign investment or assistance from Russia and China, as well as ways in which domestic policy reform can counter potential negative effects.
Corrosive Capital’s Threat to Democracy: How China and Russia Undermine Rule of Law
Through Foreign Investment and Development Strategies
Hart Senate Office Building, Room 902
120 Constitution Ave NE
Washington, DC 20002
Refreshments will be provided
Senator Cory Gardner, Chairman of the Senate Foreign Relations Subcommittee on East Asia, The Pacific, and International Cybersecurity Policy
- Andrew Wilson, Executive Director, Center for International Private Enterprise (CIPE)
- Lola Adekanye, Nigeria-based Africa Program Officer & Anti-Corruption Expert, CIPE
- Claude Fontheim, Fontheim International CEO and CIPE Board Member
- Marc Schleifer, Regional Director for Europe, Eurasia, and South Asia, CIPE
Shanthi Kalathil, Director of the International Forum for Democratic Studies, National Endowment for Democracy