Membership Has its Privileges - on the Effects of Delegating Powers Internationally

@article{Voigt2005MembershipHI,
  title={Membership Has its Privileges - on the Effects of Delegating Powers Internationally},
  author={S. Voigt},
  journal={Public Choice & Political Economy eJournal},
  year={2005}
}
  • S. Voigt
  • Published 2005
  • Business, Economics
  • Public Choice & Political Economy eJournal
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… Expand
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