International Monetary Fund Agreement Research

Author: Yang Song
Publisher:
Publish Date: 2000-01-01
Features: The International Monetary Fund Agreement, born from the 1944 Bretton Woods Conference, marked the establishment of international monetary law. Over the past half-century, it has undergone three revisions and expansions, growing stronger in function and becoming one of the most important international treaties in the field of international finance. Today, as the world economy integrates and restructures the international economic order, an in-depth exploration and study of the Fund Agreement not only holds significant theoretical value but also carries profound practical implications. This book, set against the backdrop of global economic integration, employs analytical and comparative methods to systematically and thoroughly examine issues such as the legal philosophy of the Fund Agreement, the transformation of its four major economic systems, the operation of its regulatory mechanisms, and the evolution and future direction of the Agreement. The book is divided into three parts and nine chapters: The first part begins by examining the historical evolution of the Fund Agreement, revealing its legal effects on the restriction of national monetary sovereignty. Through discussions on its legal nature, functions, and value orientation, it elucidates the jurisprudential foundations of its four major economic systems. The second part focuses on a legal study of the four major economic systems of the Fund Agreement, exploring the underlying economic motivations behind them, with particular emphasis on tracing the transformations and most recent developments of each system from the late 20th century to the present. It further analyzes the legislative impact of the shift in the Fund Agreement's core functions on the new mechanisms of regulatory cooperation. The third part, while emphasizing the analysis of trends in international financial relations, elaborates on the changes and modifications of the Fund Agreement in response to these developments, seeking solutions and exploring the possibilities, realities, and pathways for China's cooperation with the Agreement and the International Monetary Fund. [Editor's Recommendation] The purpose of the China Civil and Commercial Law Special Topics Research Series is to draw on the practical experience of China's reform and development of a socialist market economy, extensively referencing the successful legislative practices and latest case law and doctrines of developed countries and regions. It delves into the fundamental theories and major legal issues in civil and commercial law, providing a solid theoretical foundation for the modernization of China's civil and commercial legislation and the scientific advancement of civil and commercial adjudication. The series aims to elevate the theoretical level of civil and commercial law, cultivate research talent in the field, and accelerate China's civil and commercial legal theory to catch up with that of developed countries and regions.