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'Global Governance: Who's in Charge?' examines the challenges—financial, health, environmental,...

This paper develops a simple model of international lending, and calibrates it to assess...

This paper proposes a theory to explain why a politician delegates policy tasks to a technocrat...

We model an economy in which domestic banks and firms face incentive constraints, as in Holmstrom...

Do foreign-educated individuals play a role in promoting democracy in their home countries?...

A motivation for central bank independence (CBI) is that policy delegation helps politicians...