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EU Representation and the Governance of the International Monetary Fund
[Zeitschriftenartikel]
Abstract The introduction of the euro and closer coordination of economic policies in the European Union are fuelling a debate on Europe's representation in the international financial institutions. A single EU representation at the International Monetary Fund (IMF) would affect the balance of power in the i... mehr
The introduction of the euro and closer coordination of economic policies in the European Union are fuelling a debate on Europe's representation in the international financial institutions. A single EU representation at the International Monetary Fund (IMF) would affect the balance of power in the institution through a fundamental reallocation of quotas and executive directors among its membership. A reduction in the number of European executive directors, and in the total voting power of Europe and in its contribution to the Fund's general resources, could go hand in hand with an increase in the Union's impact on IMF decision-making. Such a change would also weaken the cooperative nature of the Fund through a reduction in the number and impact of mixed constituencies.... weniger
Thesaurusschlagwörter
IMF; Governance
Klassifikation
Europapolitik
Wirtschaftspolitik
Freie Schlagwörter
balance of power; European Union; voting power;
Sprache Dokument
Englisch
Publikationsjahr
2005
Seitenangabe
S. 493-510
Zeitschriftentitel
European Union Politics, 6 (2005) 4
DOI
https://doi.org/10.1177/1465116505057820
Status
Postprint; begutachtet (peer reviewed)
Lizenz
PEER Licence Agreement (applicable only to documents from PEER project)