Incentive Mechanisms Surrounding International Financial Institutions
This paper applies the common agency framework and the theory of nonprofit organization to the functioning of international financial institutions (IFIs such as the IMF, IBRD, and ADB. Webs of intricate monitoring networks exist among member countries of an institution, its secretariat, and countrie...
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| Format: | Article |
| Language: | English |
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World Scientific Publishing
1998-01-01
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| Series: | Asian Development Review |
| Online Access: | https://www.worldscientific.com/doi/10.1142/S0116110598000049 |