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Follow The Money

How Trends In Financing Are Changing Governance At International Organizations

Overview

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.IGO staff can make direct, strategic appeals to powerful audiences in order to increase funding, empowering them to pursue their preferred priorities. At the same time, voluntary funding creates incentives for IGO staff to pursue programs that will be most popular with wealthy donors, which could distort program priorities, and reduce autonomy

ISBN
Category Social sciences
Call number HG106 G73 2017
Physical description 11 pages:24 cm.
Edition year 2017
Bibliographical references? Yes
Publisher name N/A
Publication year 2017
Place of publication N/A
Language English
Is series? No