Not Going it Alone: The Dynamics of EU-IMF Interaction over 20 Years of Monetary Unification

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The paper explores the evolving dynamics between the EU and the IMF during the European monetary unification, highlighting the shifting roles of member states and the IMF. It provides a descriptive analysis of their interactions over two decades, revealing that while day-to-day engagement in surveillance, lending, and technical assistance has increased—especially during the euro zone sovereign debt crisis—this has not led to a formalization of their relationship. The findings contribute to the understanding of the external dimensions of EU policy-making.