The Role Of The IMF In The European Debt Crisis And The Impact On The National Sovereighty

As is known to all, economic globalization is a double-edged sword,it through the extensive and profound economic exchanges, to adjust theconfiguration of resources and capital, the developed countries anddeveloping countries can be in them, to get mutual complement eachother, but as opposed to a chain reaction after the economic crisis is alsoinfluence widely and rapidly. Economic globalization is also profoundlychange the international economic law theory and view, in the traditionalconcept, the connotation of national sovereignty should be a sovereigncountry’s domestic political and economic affairs completelyindependently handled by yourself without anyone’s interference. Buttoday, when the development of economic globalization, more and morecountries implement the opening to the outside world, the idea has takena hit from the deep.The emergence of international organizations, more make the pursuitof national interests and traditional in the contradiction between the ideaof safeguarding state sovereignty. International organizations through theauthorization of sovereign states, which have unique advantages, able to complete a single sovereign state cannot be done, but it will inevitablycause and impact on a country’s domestic affairs. This influence issometimes positive, can make the better and faster find their ownsovereign nations; But at the same time, if the international organizationfor domestic affairs to interfere in sovereign countries too much, willinevitably have to interfere in a country’s national sovereignty. In thisarticle, the international monetary fund in the European debt crisis ofGreece’s behavior is. Since the establishment of the internationalmonetary fund, one of the purpose of this is to provide financialassistance for economic crisis in the country, and help them for their owncountry governance. But from the international monetary fund to dealwith many of the economic crisis, more and more of a country’s economictransactions and the formulation of economic policy interferes, even fromthe perspective of a leader for its usually not completely accord with theactual situation of domestic policy reform, and as a condition of lending,the international monetary fund of this kind of behavior has sparkedheated debate in the international community.This article from the international monetary fund in the Europeandebt crisis on the impact of the Greek as the breakthrough point, carrieson the analysis on the relationship between the international organizationsand national sovereignty, and put forward their own opinions. This paperdiscusses the national sovereignty, especially the relevant theories and development of the national economic sovereignty and the basic situationof the debt crisis. And then discusses the international monetary fund, thecurrent legal system and in the European debt crisis on the impact of theGreek, whether through a concrete analysis of the international monetaryfund behavior affects the Greek national economic sovereignty andinterference. Finally puts forward his own Suggestions to the reform ofthe international monetary fund’s.