ARENA Tuesday Seminar: Jan Wouters
Prof. Jan Wouters, Director of Leuven Centre for Global Governance Studies, discussed the paper 'Time to reconsider status: the IMF, the EU, the euro and its sovereign debt crisis' at the ARENA Tuesday Seminar on 26 January 2016.
The paper was co-authored with Thomas Ramopoulos, DG AGRI, European Commission.
Abstract
This paper examines the contemporary and possible future role of the IMF in European economic governance in light of the cooperation developed between the EU and the Fund in order to tackle financial problems both in non-euro area and euro area Member States. Attention is paid to the influence of the IMF on the revamping of European economic governance through, among others, the establishment of robust crisis management mechanisms. On the basis of this analysis, it is suggested that the Fund will continue to have some role in European economic governance, at least in the mid-term. For this reason the EU, or at least the euro area, has an interest in becoming more influential in the work and decision-making of the IMF through the strengthening of its representation. As discussed in the paper, the Lisbon Treaty has indeed created the potential for a strengthened presence of the euro area (not necessarily the EU) in the IMF (see Article 138 TFEU).
Download the paper
Published Dec. 18, 2015 1:55 PM
- Last modified Apr. 24, 2017 2:45 PM
All welcome
Sign up here for notifications of forthcoming ARENA Tuesday Seminars
About
Jan Wouters is Jean Monnet Chair ad personam EU and Global Governance, Full Professor of International Law and International Organizations, and founding Director of the Institute for International Law and of the Leuven Centre for Global Governance Studies at the University of Leuven (KU Leuven).
He has published widely on international, EU, corporate and financial law (including more than 50 books, 100 international journal articles and 150 chapters in international books).
Wouters coordinates the large-scale FP7 Programme FRAME, 'Fostering Human Rights Among European (External and Internal) Policies' and the InBev-Baillet Latour EU China Chair at KU Leuven.