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Legal Aspects of a Projected New International Economic Order: Comment
Published online by Cambridge University Press: 21 May 2009
Extract
The present time might not seem to be a very propitious one to discuss international monetary relations with the object of obtaining new insights as to how to achieve a New International Economic Order. A stream of articles and pamphlets has been published or is forthcoming with titles such as: An International Monetary Nonsystem, Alternatives to Monetary Disorder. The Failure of Monetary Reform. This by itself is an indication that all is not well in the esoteric world of international finance.
- Type
- Colloquium on the Legal Aspects of a Projected New Economic Order
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- Copyright
- Copyright © T.M.C. Asser Press 1977
References
1. These remarks express only personal views.
2. Foreign Affairs, 04 1976Google Scholar, Internationale Spectator, 08 1976Google Scholar, Banca Nazionale del Lavoro Quarterly Review, 09 1976.Google Scholar
3. For these amendments and the old and the proposed new Charter of the Fund see Proposed Second Amendment to the Articles of Agreement, Washington: International Monetary Fund, 1976Google Scholar. This book, referred to below as Proposed Second Amendment, contains an explanatory Report by the Executive Directors to the Board of Governors of some 85 pages.
4. Cf. Gold, Joseph, Voting and Decisions in the International Monetary Fund, Washington: IMF, 1972, pp. 18–27Google Scholar, and Proposed Second Amendment, p. 61.Google Scholar
5. The concept of sovereignty was fully elaborated and formally recognized only at the Peace of Westphalia in 1648 after a long struggle.
6. Carr, Edward H., The Twenty Years' Crisis 1919–1939, London: Macmillan and Co, 1946, pp. 6–9 (1st edition 1939).CrossRefGoogle Scholar
7. Speech in London on December 6, 1976. (reproduced since in International Affairs, London: Chatham House, 04 1977, pp. 177–187).Google Scholar