Multinational institutions face an important trade-off when hiring personnel. On the one hand, hiring decisions are based, as in most organizations, on a candidate's professional qualifications. On the other hand, multinational institutions often aim for broad national representation. Reviewing...

Territorial appointees to an independent central bank (e.g. District Federal Reserve Banks' presidents members of FOMC, Governors of national central banks members of the ECB's Governing Council) are liable to confront a "role conflict" stemming from a duality of loyalties and allegiances - to...