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Titlebook: International and European Monetary Law; An Introduction Christoph Herrmann,Corinna Dornacher Book 2017 The Author(s) 2017 International Mo

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IMF Lending (Financial Assistance),ies in order to remedy actual or potential balance of payment problems of member states. Yet unlike banks, development organizations or private creditors the IMF does not offer financial support for specific projects nor for balancing out purely fiscal disequilibria. In short, the IMF deals with issues of illiquidity, not of insolvency.
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International and European Monetary Law978-3-319-57642-8Series ISSN 2192-855X Series E-ISSN 2192-8568
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Interdisciplinary Introduction to Money and Currencies,ubject matter at hand: Money. Despite the term’s universal and frequent usage, few outside the world of economic academics have probably taken the time to ponder what money actually is, how it evolved historically and how monetary systems and policy function today.
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Fundamental Legal Problems of International Monetary Relations,itory. With the exception of monetary unions, every State issues its own currency and monetary regulations or decides to use a foreign currency for its own purposes. Therefore there is no universally valid and accepted means of payment—no universal currency.
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The Substantive Legal Foundations of EMU post Lisbon,lity and supervising and monitoring financial institutions, which have long left the confinement of national borders. To this end, EMU displays certain key characteristics, which have a significant impact on the economic life within the union but also in relation to third countries and non-Euro area members.
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