Aug 29, 2006

"price-tag" on the UN Security Council Seat

from (Freakonomics blog)

Consequently, it comes as no suprise that now, as a Ph.D. student at
Harvard, she is producing cutting-edge economic research. With
co-author Eric Werker, she has written a paper entitled “How Much is a Seat on the Security Council Worth? Foreign Aid and Bribery at the United Nations.” In this paper, they find that when a country takes over one of the rotating seats on the UN Security
Council, U.S. foreign aid jumps by almost 60%. When the country leaves
the Security Council, the aid falls back to the old levels. The impact
on aid is even larger when there are important international events
(like invasions of Iraq) that put the Security Council in the spotlight.

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