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EU Representation and the Governance of the International Monetary Fund


Mahieu, Géraldine; Ooms, Dirk; Rottier, Stéphane


Bitte beziehen Sie sich beim Zitieren dieses Dokumentes immer auf folgenden Persistent Identifier (PID):http://nbn-resolving.de/urn:nbn:de:0168-ssoar-228932

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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 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.
Thesaurusschlagwörter governance; IMF
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 http://dx.doi.org/10.1177/1465116505057820
Status Postprint; begutachtet (peer reviewed)
Lizenz PEER Licence Agreement (applicable only to documents from PEER project)