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Membership and Nonmembership in the International Monetary Fund

Membership and Nonmembership in the International Monetary Fund »

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

DOI: http://dx.doi.org/10.5089/9781455215935.071

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

IMF economists work closely with member countries on a variety of issues. Their unique perspective on country experiences and best practices on global macroeconomic issues are often shared in the form of books on d...

chapter 1 Original Members

chapter 1 Original Members »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

History The Atlantic Charter, promulgated on August 14, 1941, contemplated that the benefits of economic progress would be available to all countries. The United States and the Unite...

chapter 2 Admission of Other Members

chapter 2 Admission of Other Members »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Organs Exercising Power to Admit New Members The power to admit new members and determine the conditions of their admission is reserved to the Board of Governors and cannot be delega...

chapter 3 Criteria for Membership

chapter 3 Criteria for Membership »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Introduction The countries listed in Schedule A were entitled to become original members under Article II, Section 1, and therefore the Fund would not have been able to reject the ac...

chapter 4 Membership and Currency

chapter 4 Membership and Currency »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Currency as Criterion It is probable that the drafters of the Articles had in mind as the norm a member with a currency of its own that was subject, at least legally, to regulation b...

chapter 5 Some Special Problems of Membership

chapter 5 Some Special Problems of Membership »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Aftermath of War It was recalled in Chapter 1 that at the Bretton Woods Conference proposals were made to exclude certain countries from membership until certain events had occurred....

chapter 6 Universality

chapter 6 Universality »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Evaluation of Criteria In applying the criterion that an applicant must be able to perform the obligations of membership, the Fund has not made a detailed examination, provision by p...

chapter 7 Terms for Membership

chapter 7 Terms for Membership »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Definition of “Terms” At no time has there been a disposition to read Article II, Section 2, as compelling the Fund to establish the same terms for membership by all applicants. So n...

chapter 8 Some Special Problems Involving Terms for Membership

chapter 8 Some Special Problems Involving Terms for Membership »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Amendment of Membership Resolutions It has been seen in earlier chapters that a membership resolution may be amended before or after a country has become a member. Various amendments...

chapter 9 A General View of Terms for Membership

chapter 9 A General View of Terms for Membership »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Scope of Terms and Conditions The main standard terms of membership resolutions, it has been seen, deal with quota; subscription, including determination of the gold subscription; da...