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The purpose of this paper is to explore discrepancies between transfer provisions in the US model BIT, employed as a working text in the ongoing China-USA BIT negotiations, and relevant Articles of the Agreement of the IMF, to which both China and the USA are signatories, with a view to advising...
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in stabilizing the world economy from the 1960s through 2008"-- … formal international lender of last resort (ILLR) to perform this function for the world economy. Conventional wisdom says … the unique role that the United States has played in stabilizing the world economy in troubled times. "-- …
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