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The Technocratic Advantage?
Political economists have identifi ed economic, strategic, and democratic advantages for countries seeking to secure international financing in global credit markets. We propose a technocratic advantage in global finance; leaders with attributes that signal expertise in economics more easily attract fi nancing.
Technocrats can claim wiser economic stewardship, greater ideological commitment to liberal economic principles, and deeper connections with transnational fi nancial networks. The technocratic advantage plays an especially important role for unstable countries. We collect new data on heads of government in 147 countries between 1946 and 2008 and show that leaders have become more educated over time, access to transnational social networks is relatively rare, and that the technocratic advantage works especially strongly in new democracies.
Part 1: Presentation
Lunch Will Be Provided: Please RSVP to [email protected]
Thursday, April 25
12:00PM-1:30PM
7th Floor West Wing Truland Building