the quality of their information transmission. It compares the performance of a decentralized governance with that of a …

the quality of their information transmission. It compares the performance of a decentralized governance with that of a …

the quality of information transmission between the IMF and the WB, analyzes the impact of different governance structures … on the degree of Bank-Fund cooperation. We compare the performance of a “delegation-scheme” with that of a …

In this paper we present a theoretical model which, focusing on the quality of information transmission between the IMF … and the WB, analyzes the sources of the expected loss in the overall performance of the two institutions relative to the … first best outcome, which is characterized by centralized decision and perfect information. In particular, given the Bank …

We focus on the role that the transmission of information between a multilateral (e.g., the IMF) and a country has for …

We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the … information is valuable, a centralized control is indeed optimal. To the contrary, when local knowledge is more important than the …

We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the … information is valuable, a centralized control is indeed optimal. To the contrary, when local knowledge is more important than the …

We focus on the role that the transmission of information between a multilateral (e.g., the IMF) and a country has for …

We focus on the role that the transmission of information between a multilateral (e.g., the IMF) and a country has for …

We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the … information is valuable, a centralized control is indeed optimal. To the contrary, when local knowledge is more important than the …