Abstract

Following the Five Presidents’ Report in October 2015, the EuropeanCommission set up the objective to move to a single euro-area chair at theIMF. The article focuses on assessing the effectiveness of this objective. Inthis context it assesses the IMF governance and the current development ofthe coordinaton of the EU Member States. Then the article carries out avoting power analysis of the euro-area constituency in several alternativescenarios. The article concludes that a more effective option would be tospread the euro-area member states into several constituencies rather thankeeping them all in one constituency.

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