“…They show that staff size of international organizations depends negatively on (an interaction with) the financing share of the largest contributor (his incentive to monitor). For an excellent overview of principal-agent problems in international organizations see Vaubel (2006). The security of property rights should be positively correlated with high levels of total factor productivity.…”
Section: Possible Transmission Mechanismsmentioning
“…They show that staff size of international organizations depends negatively on (an interaction with) the financing share of the largest contributor (his incentive to monitor). For an excellent overview of principal-agent problems in international organizations see Vaubel (2006). The security of property rights should be positively correlated with high levels of total factor productivity.…”
Section: Possible Transmission Mechanismsmentioning
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