Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Follow the Money: How Trends in Financing Are Changing Governance at International Organizations

Follow the Money: How Trends in Financing Are Changing Governance at International Organizations This article considers how trends in financing are changing governance at intergovernmental organizations (IGOs). Over the course of the twentieth century IGO funding rules changed in two important ways. First, they were altered to allow states greater control over the financial contributions they provide, allowing states to ‘earmark’ contributions. Second, funding rules made private actors eligible contributors, providing an important entry point for private actor influence. I focus on three primary effects of these changes on IGO governance: (1) how the increased reliance on earmarked contributions undermines traditional conceptions of multilateral governance; (2) how private actors are empowered by their ability to earmark resources as they emerge as major funders; and (3) on the surge in ‘minilateral’ governance associated with the rise of pooled funding mechanisms. I draw on delegation theory to illustrate these changes conceptually and provide examples from a wide variety of institutions within and outside the UN system. I conclude by outlining fruitful avenues for research on financing IGOs. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Global Policy Wiley

Follow the Money: How Trends in Financing Are Changing Governance at International Organizations

Global Policy , Volume 8 – Aug 1, 2017

Loading next page...
 
/lp/wiley/follow-the-money-how-trends-in-financing-are-changing-governance-at-TYAcEx607c

References (27)

Publisher
Wiley
Copyright
Copyright © 2017 University of Durham and John Wiley & Sons, Ltd
ISSN
1758-5880
eISSN
1758-5899
DOI
10.1111/1758-5899.12450
Publisher site
See Article on Publisher Site

Abstract

This article considers how trends in financing are changing governance at intergovernmental organizations (IGOs). Over the course of the twentieth century IGO funding rules changed in two important ways. First, they were altered to allow states greater control over the financial contributions they provide, allowing states to ‘earmark’ contributions. Second, funding rules made private actors eligible contributors, providing an important entry point for private actor influence. I focus on three primary effects of these changes on IGO governance: (1) how the increased reliance on earmarked contributions undermines traditional conceptions of multilateral governance; (2) how private actors are empowered by their ability to earmark resources as they emerge as major funders; and (3) on the surge in ‘minilateral’ governance associated with the rise of pooled funding mechanisms. I draw on delegation theory to illustrate these changes conceptually and provide examples from a wide variety of institutions within and outside the UN system. I conclude by outlining fruitful avenues for research on financing IGOs.

Journal

Global PolicyWiley

Published: Aug 1, 2017

There are no references for this article.