NDLI: International Public Goods and Agency Problems in Treaty Organizations

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International Public Goods and Agency Problems in Treaty Organizations

Content Provider	Springer Nature Link
Author	Congleton, Roger D.
Copyright Year	2006
Abstract	This paper analyzes the extent to which international public goods and agency problems are present in international organizations. A noncooperative model of the funding choices of donor countries and the subsequent policy choices of an international agency is used to develop hypotheses about the behavior of ideal and problematic international agencies. The analysis suggests that international agencies are likely to be underfunded and undermonitored relative to that which maximizes the joint interest of signatory countries. The funding and policy implications of the model are tested using data from the Global Environment Facility (GEF). The statistical results suggest that (i) treaty obligations affect behavior of Annex 1 and non-Annex 1 countries, (ii) GEF’s allocation of grants generally advances the international environmental agenda, and (iii) significant free-riding and agency problems exist in GEF as it is presently organized. Overall, the empirical results suggest that treaty organizations may be relatively effective, if not perfect, instruments of international public policy.
Starting Page	319
Ending Page	336
Page Count	18
File Format	PDF
ISSN	15597431
Journal	The Review of International Organizations
Volume Number	1
Issue Number	4
e-ISSN	1559744X
Language	English
Publisher	Kluwer Academic Publishers
Publisher Date	2006-10-31
Publisher Place	Boston
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	agency problems treaty organizations environmental treaties GEF political economy public choice globalization of politics effectiveness of treaty organizations international organizations Economics general Social Sciences Political Science
Content Type	Text
Resource Type	Article
Subject	Political Science and International Relations Economics and Econometrics Organizational Behavior and Human Resource Management

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