Abstract

AN ARTICLE on the jurisprudence of various member countries in which the Articles of Agreement of the International Monetary Fund, or domestic legislation connected with the Agreement, had been relied on as having some bearing on the issues before the courts was published in April 1951.1 That story is carried forward in the present article, which examines a later group of cases, discussed under the headings (1) Privileges and Immunities, (2) Unenforceability of Certain Exchange Contracts, and (3) Capital Controls. In a concluding section, two Canadian cases dealing with gold subsidies are noted. Although they do not involve any direct contact with the Fund Agreement, there is an interesting parallel between them and the Fund’s practice on gold subsidies.