English, Article edition: The World Monetary System and External Relations of the EMU – Fasten your safety belts! Weinrichter, Norbert

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/66769
Physical Description
  • article
Language
  • English

Edition details

Title
  • The World Monetary System and External Relations of the EMU – Fasten your safety belts!
Author
  • Weinrichter, Norbert
Physical Description
  • article
Notes
  • Traditionally clustered around one leading "hegemonic" world currency, with the introduction of the euro the international monetary regime might become a "symmetric" dipolar system. This fundamental change would come at a time of already considerable uncertainty when, after the Asian, Russian and Latin American financial crises caused general dismay, the major institutional framework is in a constant reform process as the G7 are considering a "new financial architecture" and the IMF is facing fundamental critique. At the same time, the legal position of the ECOFIN and the ECB in the international field in the international monetary organizations is not yet clear. This article tries to point out some concrete areas of diversity of interest in the international consequences of the introduction of the Euro and analyzes the costs and gains from cooperation in different ways of dealing with these conflicts. From the structure of the issues some conclusions on the challenges facing the institutions can be drawn and some speculation as to the appropriate distribution of competences may be possible. Thus, I try to give an overview of the legal issues surrounding the representation of the EMU in the international monetary institutions in the light of a functional analysis of the challenges created by a transformation of a "hegemonic" monetary system to a "symmetric dipolar system".
  • agency theory; Euro; European Commission; European Council; financial markets; institutionalism; EMU; European Central Bank; IMF; G7; OECD; law; economics
  • RePEc:erp:eiopxx:p0053
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment