IMF对欧债危机的介入及其政策后果

IMF's Involvement in the European Debt Crisis and the Policy Implications

IMF通过贷款、警告、建议、监督和引导舆论等方式参与欧债危机的国际应对。IMF敦促欧元区国家重新审视内部金融和财政制度,通过IMF提供援助的国家要求发生债务危机的国家按照IMF的指令进行政策调整。尽管支持改革者认为IMF的介入有助于增强改革合法性,但希腊等受援国的国内民众质疑IMF所扮演的角色。在地区制度建构方面,IMF对欧债危机的介入暴露了欧元区制度的问题,IMF以协调者的身份对欧元区金融制度改革提出建议,冲击了地区主导大国的影响力。在应对欧债危机的过程中,IMF实现了影响力的拓展,并试图为全球货币结构的改造寻找契机。救援资金的筹集直接影响着IMF份额改革,新兴经济体国家对援助计划提供了有力支持。当然,IMF在应对危机的方式和能力上仍有诸多局限性。

IMF has participated in the international reaction against the European debt crisis by means of loans, warning, suggestion, monitoring, and guiding the public opinion. IMF urges the Eurozone states to reexamine their domestic finan- cial and fiscal regimes. The states that provide financial assistance demand the ones in the crisis make policy adjustment according to IMF dictations. Although the reformers insist that IMF＇ s involvement will enhance the legitimacy of reforming, the public in the recipients like Greece queries the role of IMF. Concerning the construction of regional regimes, IMF gets involved and exposes the problems of Eurozone regimes, offers advice as a coordinator for the financial regime innovation of Eurozone, and generates an impact upon the influence of regional dominant powers. In the process of coping with the Euro- pean debt crisis, IMF has been expanding its influence power, and has been seeking to find the chance of transforming the international monetary structure. The raising of assistance fund affects directly the share reform of IMF, which is forcefully supported by the emerging economies. Without doubt, the means and capacity of IMF to deal with the debt crisis are sub- ject to some limitations.