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An evaluation of IMF surveillance of the euro area

Jean Pisani-Ferry (), Andre Sapir () and Guntram Wolff

in Blueprints from Bruegel

Abstract: The euro-area crisis has exposed deep deficiencies in the governance of European Economic and Monetary Union. However, crisis prevention in, and surveillance of, the euro area are not only the responsibility of European authorities. As members of the International Monetary Fund, all euro-areacountries are also subject to regular bilateral IMF surveillance. The currency union as a whole is also subject to regular IMF surveillance.This report analyses the IMF’s surveillance of...

Date: Written 2011-10 Originally published 2011-10.
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Related works:
Working Paper: An Evaluation of IMF Surveillance of the Euro Area (2011)
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