High-level bureaucrat compensation in the United Nations

Abstract

This thesis studies agency problems in the United Nations and how these agency problems are characterised. Two models of agency problems are studied; career concerns, and pay-for-performance. This thesis finds that contractors concern for a future contract works as an incentive to exert effort driving down leave. The United Nations Staff are not incentivised in this manner. This thesis concludes that United Nations is affected by agency problems and it is likely that these agency problems are characterised by career concerns.