Results 11 to 20 of about 341,389 (219)
, 2017 The French presidential elections could lead to more fiscal integration in the euro area. The proposal to establish a European Monetary Fund (EMF) based on the European Stability Mechanism (ESM), which would probably be possible without treaty changes, is evaluated in this paper. Potential EMF instruments are divided into two categories.
Matthes, Jürgen
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From the European Stability Mechanism to the European Monetary Fund: There and Back Again [PDF]
German 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 ...
Mauro Angelo Megliani
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Revue 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.
Stephan Schulmeister
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Designing a European Monetary Fund: What role for the IMF? [PDF]
, 2021 The so-called Troika, consisting of the EU-Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF), was supposed to support the member states of the euro area which had been hit hard by a sovereign debt crisis. For that purpose, economic adjustment programs were drafted and monitored in order to prevent the break-up of the
Jost, Thomas, Seitz, Franz
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Lessons from the Asian Monetary Fund for the European Monetary Fund. CEPS Policy Brief No. 208, 16 April 2010 [PDF]
, 2010 On March 24th the members of ASEAN plus three other major Asian economies (China, Japan and Korea) began operations of a fund from which member countries can swap their national currencies for US dollars within a pre-determined limit.
Oh, Yonghyup.
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European Monetary Fund – A Further Step towards Completing the Economic and Monetary Union?
, 2019 In this paper, the author focused on two areas. First he outlined the development of the financial assistance funds in Europe. Moving from EFSF and EFSM through ESM all the way to EMF was a long path. Will the EMF be a further step towards completing the economic and monetary union of the EU?
Johan Schweigl
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The professional politics of the austerity debate: A comparative field analysis of the European Central Bank and the International Monetary Fund [PDF]
Public 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
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Response of the International Monetary Fund and the European Union to the Global Financial Crisis
Academic Journal of Interdisciplinary Studies, 2014 The aim of the paper is to show the evolution of the global crisis, its involvement and to discuss the response of the International Monetary Fund and the European Union to the global financial crisis. In this paper I will try to cover the following issues: The first part of the paper deals with the history of the evolution of the global financial ...
Jeta Nushi
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Polish Review of International and European Law, 2022 European Union member states which have been outside the euro area are obliged to join it as soon as they are able to fulfil the necessary convergence criteria. As a result of the financial crisis of 2008 and the consequences following it, euro area member states have adopted additional rules regulating its functioning which make the accession to the ...
Marek Zieliński
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The EFSF as a European Monetary Fund: Does it have enough resources? CEPS Commentary, 22 July 2011 [PDF]
, 2011 In the immediate aftermath of yesterday’s European Council’s decision to effectively transform the European Financial Stability Facility (EFSF) into a European Monetary Fund, this CEPS Commentary explores whether the EFSF has enough resources to become a
Giovannini., Alessandro, Gros, Daniel
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