Principal–agent theory and the Open Method of Co-ordination: the case of the European Employment Strategy

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Series Details Vol.18, No.4, June 2011, p485-503
Publication Date June 2011
ISSN 1350-1763
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This paper adapts and then uses principal–agent (PA) theory to conceptualize and thereafter to analyse the EU-level development of the Open Method of Co-ordination (OMC), a crucial component of the Lisbon Strategy as a ‘governance architecture’.
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