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Voting Majorities in the Fund
			: Effects of Second Amendment of the Articles

Voting Majorities in the Fund : Effects of Second Amendment of the Articles »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 1977

DOI: http://dx.doi.org/10.5089/9781451946857.054

ISBN: 9781451946857

Keywords: of the, voting, voting power, board of governors, monetary system

This paper discusses the voting majorities prescribed by the Second Amendment of the Articles for the adoption of decisions by the IMF. The IMF is an international organization in which member states do not have th...

The Reform of the Fund

The Reform of the Fund »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1969

DOI: http://dx.doi.org/10.5089/9781451947540.054

ISBN: 9781451947540

Keywords: of the, monetary reserves, board of governors, fund., iv

This paper discusses some events that led to beginning of the IMF reform. At the Twenty-Second Annual Meeting of the Board of Governors at Rio de Janeiro in September 1967, certain Governors urged that proposals fo...

Interpretation by the Fund

Interpretation by the Fund »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1968

DOI: http://dx.doi.org/10.5089/9781451939118.054

ISBN: 9781451939118

Keywords: of the, board of governors, court, fund., courts

This paper discusses the power of interpretation conferred upon the IMF by Articles of Agreement. The power of interpretation is an internal one in the sense that at no stage of the interpretative process is there...

Floating Currencies, SDR's & Gold Further Legal Developments

Floating Currencies, SDR's & Gold Further Legal Developments »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 1977

DOI: http://dx.doi.org/10.5089/9781451958195.054

ISBN: 9781451958195

Keywords: of the, exchange arrangements, iv, exchange rates, exchange rate

This paper examines legal developments in area of floating currencies, special drawing rights, and gold in the IMF. It highlights that the breakdown of the par value system of the original Articles of the IMF and t...

Introduction

Introduction »

Source: Voting Majorities in the Fund : Effects of Second Amendment of the Articles

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 January 1977

ISBN: 9781451946857

Keywords: of the, voting, voting power, board of governors, monetary system

One of the characteristics of international organization since the end of the Second World War has been the widespread renunciation of the rule of unanimity for the adoption of deci...

Introduction

Introduction »

Source: The Reform of the Fund

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1969

ISBN: 9781451947540

Keywords: of the, monetary reserves, board of governors, fund., iv

The Articles of Agreement of the International Monetary Fund were agreed at the Bretton Woods Conference in July 1944 and entered into force on December 27, 1945. In the coming months, the first amendments t...

1. The Gold Tranche

1. The Gold Tranche »

Source: The Reform of the Fund

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1969

ISBN: 9781451947540

Keywords: of the, monetary reserves, board of governors, fund., iv

One of the least controversial, although not the least complicated, amendment—or, more properly, chain of amendments—involved the transmutation of the “gold tranche” policy of the Fund into law. The amendmen...

2. “Conditionality” and “Unconditionally”

2. “Conditionality” and “Unconditionally” »

Source: The Reform of the Fund

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1969

ISBN: 9781451947540

Keywords: of the, monetary reserves, board of governors, fund., iv

The adjectives “conditional” and “unconditional” as qualifications of the use of the Fund’s resources have become established in practice, but they are slightly misleading, and it will be useful, therefore,...

3. Repurchase

3. Repurchase »

Source: The Reform of the Fund

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1969

ISBN: 9781451947540

Keywords: of the, monetary reserves, board of governors, fund., iv

Some General Aspects of Repurchase Obligations Basic changes have been made in the conceptual and operational aspects of the provisions in the Articles relating to repurchase. When a...

4. Quotas

4. Quotas »

Source: The Reform of the Fund

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1969

ISBN: 9781451947540

Keywords: of the, monetary reserves, board of governors, fund., iv

Adjustment The quota of a member is of fundamental importance in its relations with the Fund. A member’s subscription, 102 use of the Fund’s resourc...