Governing International Financial Institutions: the power structures of the IMF and the World Bank
Keywords:
international institutions, global governance, IMF, world bank, principal-agent theory
Abstract
This paper analyses the governance structures of the international financial system focusing on the International Monetary Fund and the World Bank Therefore this study elucidates the functioning of these institutions through an analysis of its power structures First we examine the origins evolution and the institutional structure of these organizations Second we perform a literature review on the governance of international institutions to highlight the most appropriate theories to analyze the object in question Then we examine the cases in question through the Principal-Agent theory
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Published
2020-05-15
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