International Monetary Fund & Private Business Transactions

This paper analyzes legal impact of the Articles of Agreement of the IMF on the business transactions of private persons and corporations. At the heart of the Articles is the simple idea that the member states of the IMF should observe certain rules of good conduct in monetary policy, and that when...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1965
Series:Pamphlet Series
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper analyzes legal impact of the Articles of Agreement of the IMF on the business transactions of private persons and corporations. At the heart of the Articles is the simple idea that the member states of the IMF should observe certain rules of good conduct in monetary policy, and that when it becomes difficult to observe these rules, the strain could be reduced by assistance made available from the financial resources of the IMF. This paper focuses on major obligations of good conduct that are binding on member states. It also examines legal rules of so-called public policy or ordre public, which are not explicit but can nevertheless be drawn from the Articles
Physical Description:36 pages
ISBN:9781451939897