Consolidation of the EU Representation at the IMF
Following the Five Presidents’ Report in October 2015, the European Commission set up the objective to move to a single euro-area chair at the IMF. The article focuses on assessing the effectiveness of this objective. In this context it assesses the IMF governance and the current development of the...
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| Format: | Article |
| Language: | English |
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Institute of International Relations Prague
2016-09-01
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| Series: | Czech Journal of International Relations |
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| Online Access: | https://cjir.iir.cz/index.php/cjir/article/view/220 |
| Summary: | Following the Five Presidents’ Report in October 2015, the European
Commission set up the objective to move to a single euro-area chair at the
IMF. The article focuses on assessing the effectiveness of this objective. In
this context it assesses the IMF governance and the current development of
the coordinaton of the EU Member States. Then the article carries out a
voting power analysis of the euro-area constituency in several alternative
scenarios. The article concludes that a more effective option would be to
spread the euro-area member states into several constituencies rather than
keeping them all in one constituency.
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| ISSN: | 0323-1844 2570-9429 |