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A Report On Certain Recent Legal Developments In The International Monetary Fund, Joseph Gold
A Report On Certain Recent Legal Developments In The International Monetary Fund, Joseph Gold
Vanderbilt Journal of Transnational Law
In the recent past, the main activity of the International Monetary Fund in connection with the development of international law has been the negotiation and drafting of an amendment of the Fund's Articles of Agreement. The present report deals primarily with that activity, but also comments on the sixth general review of the quotas of member states in the Fund.
On August 15, 1971, the United States, having decided to free itself from certain constraints that had become unacceptable and to exercise greater autonomy for national policies, suspended the convertibility into gold or other reserve assets of balances of United …