Journal Issue

Sir Joseph Gold is memorialized as authority on international law

International Monetary Fund. External Relations Dept.
Published Date:
January 2000
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Tribute to Sir Joseph Gold

Sir Joseph Gold, a leading authority on international monetary law, who for many years was General Counsel of the IMF, died at his home in Maryland on February 22 at the age of 87.

Acting Managing Director Stanley Fischer paid tribute to Sir Joseph in a statement to the IMF Executive Board, as “this extraordinary man who was so important in the life of the Fund for so long....Sir Joseph occupies a distinguished place in Fund history. His many contributions will remain as a lasting memory.”

A U.K. national, Sir Joseph was one of the central pillars of the IMF staff from its earliest days, serving in different capacities for 53 years and making a lasting contribution to developing the law of the IMF and to the better understanding of the IMF through his writings. He joined the staff as a Counselor in October 1946, just three months after the IMF’s doors were opened, and served in a number of senior positions before being appointed General Counsel in 1960.

Following his retirement in 1979, Sir Joseph worked for the IMF until last year as a Senior Consultant, a position from which he continued to write extensively on the legal framework of the IMF and the international monetary system. He was knighted by Queen Elizabeth II in 1980.

While on the staff, Sir Joseph was the principal draftsman of the First Amendment of the IMF’s Articles of Agreement, which created the SDR, and of the Second Amendment, which revised the Articles after the termination of the par value system. He represented the IMF in various international forums, including a number concerned with the reform of the international monetary system.

Sir Joseph was a prolific writer on a wide range of legal issues pertaining to the IMF and the international monetary system. He was a legal lecturer at many universities, including the University of Michigan and Columbia School of Law. Sir Joseph was a founding member of the editorial committee of the The Modern Law Review, a member of the Advisory Board of the George Washington University Journal of International Law and Economics, and a member of the Advisory Board of Law and Policy in International Business at Georgetown University.

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