The ESM and the IMF: comparison of the main features
In-Depth Analysis
27-04-2018
This document provides a comparison of the main objectives, tools and governance structures of the European Stability Mechanism (ESM) and of the International Monetary Fund (IMF). It contributes to the debate on recent proposal regarding the possible evolution of the ESM into a “European Monetary Fund”, in the wider context of the discussions on how to strengthen the governance of Economic and Monetary Union. The note also presents summaries of three external papers prepared in spring 2017, upon a request of the Economic and Monetary Committee on this subject.
In-Depth Analysis
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Keyword
- coordination of EMU policies
- economic conditions
- economic governance (EU)
- economic situation
- ECONOMICS
- Eurogroup (euro area)
- European Stability Mechanism
- EUROPEAN UNION
- European Union law
- external competence (EU)
- FINANCE
- International Monetary Fund
- INTERNATIONAL ORGANISATIONS
- monetary cooperation
- monetary crisis
- monetary economics
- monetary relations
- United Nations