A Single EU Seat in the IMF
Bibliographic Data
| ID | 6281423 |
|---|---|
| Authors | Lorenzo Bini Smaghi (Ministero dell'Economia e delle Finanze, corresponding author) |
| Year | 2004 |
| Volume | 42 |
| Issue | 2 |
| Pages | 229-248 |
| Publication date | 2004-06-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | JCMS Journal of Common Market Studies (JOURNAL) |
| Journal identifiers | ISSN: 0021-9886 • E-ISSN: 1468-5965 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1468-5965.2004.00486.x |
| OpenAlex | W2122310777 |
| Language | EN |
| Citations received | 12 |
| References cited | 1 |
This article examines the rationale for consolidating EU Member States' position in the International Monetary Fund (IMF). Although a substantial amount of co‐ordination already takes place, particularly on issues related to the euro area and the single monetary and exchange rate policy, co‐operation between EU countries in the IMF remains a relatively new phenomenon and divergences still prevail. The current institutional set‐up, whereby the 15 EU countries are spread in nine constituencies, undermines effectiveness. Al though there is scope for further improving co‐operation, there are natural limits to what can be achieved within the existing co‐operation frame work. A single EU constituency would enable EU Member States to have a strong impact on IMF policies, potentially as strong as that of the US. However, this may not be an objective for all EU countries in the current conjuncture
Business · Economic policy · Economics · Eu countries · European union · Frame work · International economics · International trade · Member states · Political science · Position (finance · Scope (computer science · Work (physics · Finance · Global Financial Crisis and Policies
Forum Section
The political economy of the euro area's sovereign debt crisis
EMU, financial integration and global economic governance
The IMF as a de facto institution of the EU
When ideas fail to influence policy outcomes
Uneven patterns of governance
The EU at the World Bank
International recognition of European Union “actorness”
Geopolitics and international organizations
To agree or not to agree? Explaining the cohesiveness of the European Union in the Group of Twenty
Principals, agents, and the European Union's foreign economic policies
Who Calls for a Common EU Foreign Policy
| Citations per year | 0.57 |
|---|---|
| Citation span | 2005 - 2025 (21) |
| Highly cited | No |