Deadline: 5 November 2012
Open to: young researchers and academics, advanced students, and well-established professors who are carrying out research in the field of the workshop and are able to present a paper or research document for discussion
Venue: 11-16 March 2013 at Johannes Gutenberg Universität in Mainz, Germany
The European Consortium for Political Research is seeking papers to contribute to their workshop on “Europe and the IMF: governing an unexpected relationship through turbulent times” at the ECPR Joint Sessions in Mainz, Germany, on 11-16 March 2013.
The financial crisis has transformed the relationship between the IMF and Europe. In 2006, the IMF was a struggling institution, facing a budget shortfall and shedding staff. Since 1976, the IMF had had no active program in the old member states of the EU. Its influence even in new EU member states had subsided after their transition to market economies. Prior to the crisis, the IMF’s role in Europe had been confined to technical consultancy and to being an interlocutor during regular Article-IV surveillance missions.
The crisis has returned the IMF to the center of international crisis management and economic policymaking. The G20 tripled the Fund’s resources, and the IMF was able to expand its lending framework and enhance its surveillance mandate. With more than 40% of the current IMF crisis financing flowing to EU member states, the Fund’s role in Europe has changed dramatically. Initially, the IMF was called upon to intervene in individual European economies, such as Iceland, Latvia, Romania, or Hungary. As the crisis spread across Europe, the IMF has become central for the stabilization of the entire Eurozone: EU member states decided to channel hundreds of billions of Euro to Greece, Ireland, and Portugal through new joint IMF-EU programs. Moreover, the IMF became financially and politically involved in European reform initiatives, such as the European Financial Stability Fund, the European Stability Mechanism or the re-regulation of European cross-border banking.
The crisis has also revived the debate on IMF governance reform. In 2010, Europe agreed to a quota shift in favor of emerging countries and to give up two seats at the Executive Board. At the same time, the reengagement of the Fund in Europe – combined with the appointment of a new European IMF managing director in 2011 – raises concerns about a European bias and the excessive exposure of non-European members to the problems of the “old continent”.
We invite papers analyzing the transformation and current state of the relationship between the IMF and Europe. In particular, we welcome papers that:
- focus on the transformational effects of the crisis experience on either the EU or the IMF, and on case studies of EU-IMF programs in individual European countries
- include a comparative element across time or space (such as comparing the state of the relationship before and during the crisis, or comparing programs within and beyond Europe)
- formulate more general conclusions that are informed by relevant theoretical debates within international political economy or EU and global governance studies.
Specific research questions might include but are not confined to: How successful was the IMF’s surveillance of the Eurozone in the run-up to the crisis? What was the impact of the IMF on the European stabilization programs and European economic governance? In what ways have IMF policies towards Europe differed from those directed at emerging markets? How has Europe’s role and standing within the IMF changed in the last decade? How does the Euro crisis alter the patterns of European coordination and influence within the IMF? Any other paper proposal related to the broader theme will also be considered.
Applications can be uploaded via the ECPR website until 5 November 2012: http://ecprnet.eu/Joint%20Sessions/2013_Mainz/Default.aspx. They should include an outline of how the proposed paper contributes to the general themes of the workshop (max 500 words) and an abstract of the proposed paper (max 250 words). Selected applicants are expected to participate during the entire duration of the workshop.
Graduate students are eligible to ECPR accommodation and travel grants (see ECPR website). Further funding may become available from external sources over the course of the coming months.
In order to help individuals participate in both these and other supported events, the ECPR offers a number of funds and scholarships to scholars in all stages of their careers. Every year the ECPR awards approximately 150 grants to individuals who belong to member institutions; this funding alone is a key benefit of membership of the ECPR.
Prior to each event you will receive via email a claim form which must be returned to us by the deadline stated in the email and on the form, by post with all original documents (i.e. boarding passes/tickets and hotel bill). Failing to return this form, with all documentation, within the deadline, will result in rejection of your claim.
Scholarships will be automatically deducted from your registration fees. Should you have already paid at the time of being awarded we will arrange a refund for you. Should you require any assistance please contact Jenna Barnard. For more information about funding, see the original website HERE.
For more information, write to:
- Katharina Gnath, Freie Universität Berlin/Hertie School of Governance, email@example.com
- Zdenek Kudrna, University of Vienna, firstname.lastname@example.org