Arbeitspapier
Membership has its Privileges: On the Effects of Delegating Powers Internationally
This paper analyzes whether nation-state governments can increase their credibility by becoming members of international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have an important impact on investment and growth. It is hypothesized that the degree of delegation to international organizations can improve the credibility of nation-state governments. This hypothesis is tested by introducing a new indicator. On the basis of 136 countries, various versions of an indicator of international delegation are highly significant for explaining variation in countries' credibility. The effect of international delegation on credibility is particularly strong among the group of lower income countries (N=60).
- Sprache
-
Englisch
- Erschienen in
-
Series: Volkswirtschaftliche Diskussionsbeiträge ; No. 73
- Klassifikation
-
Wirtschaft
Socialist Systems and Transitional Economies: Political Economy; Property Rights
International Law
International Economic Order and Integration
Structure, Scope, and Performance of Government
International Investment; Long-term Capital Movements
- Thema
-
Delegation of Competence
Credibility
Dilemma of the Strong State
International Organizations
Wirtschaftspolitik
Glaubwürdigkeit
Internationale Organisation
Mitgliedschaft
Länderrisiko
Schätzung
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Voigt, Stefan
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität Kassel, Fachbereich Wirtschaftswissenschaften
- (wo)
-
Kassel
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Voigt, Stefan
- Universität Kassel, Fachbereich Wirtschaftswissenschaften
Entstanden
- 2005