Special drawing rights : character and use

By:

Gold, Joseph

Material type: Text

TextPublication details: Washington; International Monetary Fund; 1979Description: 91 pSubject(s):

Financial economics

DDC classification:

332.152 GOL

Summary: This pamphlet deals with the amendment of the Articles of Agreement of the International Monetary Fund which has established a facility based on "special drawing rights" that enables the Fund to supplement the existing reserve assets of the monetary authorities of its member states.¹ The amendment was the result of years of intellectual effort and dogged negotiation, and it is an event of great importance. There are complicated reasons why it is important and they cannot be combined into a single apothegm, but one outstanding reason is that the amendment represents a fur ther advance toward the regulation of the international monetary system by law and by the exercise of reason under law.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Donated Books	Gandhi Smriti Library	332.152 GOL (Browse shelf(Opens below))	Available		DD4984

Total holds: 0

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Previous	332.152 GOL Interpretation by the fund	332.152 GOL Special drawing rights : role of language	332.152 GOL Floating currencies, SDRs and gold : Further legal development	332.152 GOL Special drawing rights : character and use	332.152 GOL Maintenance of the gold value of the fund's assets	332.152 GOL Voting majorities in the fund : effects of second amendment of the articles	332.152 HAB Operations and transactions in SDRs : first basic period	Next

This pamphlet deals with the amendment of the Articles of Agreement of the International Monetary Fund which has established a facility based on "special drawing rights" that enables the Fund to supplement the existing reserve assets of the monetary authorities of its member states.¹ The amendment was the result of years of intellectual effort and dogged negotiation, and it is an event of great importance. There are complicated reasons why it is important and they cannot be combined into a single apothegm, but one outstanding reason is that the amendment represents a fur ther advance toward the regulation of the international monetary system by law and by the exercise of reason under law.

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