The eurozone’s struggling economies are increasingly selling citizenship to raise much needed capital

Dzankic, Jelena (2012) The eurozone’s struggling economies are increasingly selling citizenship to raise much needed capital. LSE European Politics and Policy (EUROPP) blog (17 Dec 2012). Blog Entry.

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Abstract

How far should countries go to encourage foreign investment? Jelena Dzankic writes that in a time of economic crisis, some countries in Europe are now seeking investment in exchange for citizenship. Assessing recent developments in Bulgaria, Hungary, Portugal and Ireland, she argues that despite the obvious financial benefits to such policies, they are not without risks. They may raise the potential for tax evasion and security issues, and could also reduce the relationship between the individual and the state to that of a business contract.

Item Type:	Online resource (Blog Entry)
Official URL:	http://blogs.lse.ac.uk/europpblog//
Additional Information:	© 2012 The Author
Divisions:	LSE
Subjects:	H Social Sciences > HN Social history and conditions. Social problems. Social reform
Date Deposited:	26 Mar 2013 14:58
Last Modified:	14 Sep 2024 03:52
URI:	http://eprints.lse.ac.uk/id/eprint/49462

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