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Financial crisis and forming of the European monetary fund: Should the European Agreement be changed [PDF]

open access: greenMedjunarodni problemi, 2010
In this paper, the authors analyze the possibilities and advantages of realization of the idea of creating the European Monetary Fund, the European equivalent of the IMF. European officials and experts believe that the financial crisis in the European Union, as was the case in Greece, can be successfully solved within the EU institutions ...
Petrović Pero, Živković Aleksandar
doaj   +5 more sources

From the European Stability Mechanism to the European Monetary Fund: There and Back Again [PDF]

open access: goldGerman Law Journal, 2020
AbstractIn December 2018, the Euro Summit endorsed the Term Sheet on the European Stability Mechanism (ESM) reform prepared by the Eurogroup. In this context, the Euro Summit did not acknowledge the proposal of the European Commission to transform the ESM into the European Monetary Fund (EMF), but simply gave the Eurogroup a mandate to draft the ...
M. Megliani
semanticscholar   +4 more sources

European Monetary Fund : The Commissions's Proposal to Establish a European Monetary Fund: A Critical Analysis

open access: greenAustrian Law Journal, 2018
On December 6, 2017, the European Commission published a set of proposals to reform the euro area. These proposals include, inter alia, the creation of a post o f European Finance minister, a e uro area budget - line and the establishment of a European Monetary Fund (EMF). The latter will be at the centre of this article. The Commission does not intend
Hofmeister, Hannes
doaj   +4 more sources

The European Monetary Fund

open access: bronzeRevue de l'OFCE, 2013
The deepening of the debt crisis in the euro area is due to three systemic causes which national governments are not able to overcome on their own. First, being members of a monetary union euro states cannot reverse the rise in public debt (caused by the financial crisis 2008) through devaluations.
S. Schulmeister
semanticscholar   +7 more sources

The European Monetary Fund: internal planning and external relations – introduction

open access: greenPSL Quarterly Review, 2013
The European Monetary Fund was the subject of the Second International Seminar on European Economic and Monetary Union, held in Geneva in December of 1979. In this introduction to the proceedings, the author reviews the points of discussion and offers some introductory remarks.
A.K. SWOBODA
doaj   +4 more sources

Designing a Sovereign Debt Restructuring Mechanism for a European Monetary Fund [PDF]

open access: closedIntereconomics, 2018
The establishment of a European Monetary Fund (EMF) enjoys increasing academic and political support, though its advocates do not necessarily agree on the purpose and functions of such an institution. This paper aims to examine the features of the EMF that are relevant to sovereign debt restructuring.
G. Pavlidis
semanticscholar   +4 more sources

The professional politics of the austerity debate: A comparative field analysis of the European Central Bank and the International Monetary Fund [PDF]

open access: goldPublic Administration, 2019
How do different professional structures shape the economic ideas that international economic organizations use to prescribe policy recommendations or derive legitimacy and authority for them? The comparative professional field analysis proposed herein deploys a novel combination of content, network and regression analysis to uncover the precise role ...
Ban, Cornel, Patenaude, Bryan
semanticscholar   +4 more sources

Voting Power Implications of a Unified European Representation at the International Monetary Fund

open access: greenSSRN Electronic Journal, 2005
We consider some of the implications of a proposed reform of the voting system of the IMF in which EU countries cease to be separately represented and are replaced by a single combined representative of the European bloc. The voting weight of the EU bloc is reduced accordingly.
Dennis Leech, Robert Leech
semanticscholar   +3 more sources

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