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Author: | Frey, B. S. Gygi, B. |
Title: | The political economy of international organizations |
Journal: | Aussenwirtschaft
1990 : VOL. 45:3, p. 371-394 |
Index terms: | INTERNATIONAL ORGANIZATIONS |
Language: | eng |
Abstract: | Traditional analyses of the efficiency of international organizations have often failed there being no unequivocal output to be compared to inputs. The present article suggests another route: to investigate rules of decisionmaking, principal (the delegating country) - agent (the representative) relationships. It turns out that international organizations are inefficient because the principal has weak leverage over his agent. Sugestions for improvement are: elected representatives, easy exit, partitioning of output, fiscal equivalence etc. |
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