This paper analyses several IMF's selected decisions of the Executive Board and selected documents. Each member shall furnish to the IMF the data necessary to determine its net official holdings of gold and United States dollars. The usability of gold or dollars for the payment of the gold...

This volume, entitled Selected Decisions of the IMF and Selected Documents, follows the Fifth Issue of Selected Decisions of the Executive Directors and Selected Documents. The change in title has been made because of the inclusion of more Resolutions of the Board of Governors of the Fund than...

This paper presents several IMF's selected decisions of the Executive Board and selected documents. The Executive Board approves the draft Guidelines for Determining the Amount of Reserve Assets to Be Paid in Connection with Subscriptions set forth. These guidelines shall be considered by a...

This paper reports several IMF's selected decisions of the Executive Board and selected documents. The Executive Board approves the draft 'Guidelines for Determining the Amount of Reserve Assets to Be Paid in Connection with Subscriptions' set forth. These guidelines shall be considered by a...

This paper outlines legal developments related to floating currencies, gold, and special drawing rights (SDRs) in the IMF. The Articles of the Fund require each member to establish a par value for its currency in terms of gold as a common denominator. Alternatively, the par value may be...

This paper discusses the possibility of an IMF that would be based fully on the special drawing right (SDR). The paper explores the basic economic justification for a General Department restructured in this way, the broad outline of the structure that would have to be established, the liquidity...

This paper discusses technical assistance services of the IMF. The technical assistance and advice provided by the IMF to its members are an integral part of its activities. They may take many forms, operate at all levels of authority, and cover a wide array of topics, ranging from broad policy...

This paper examines legal developments in area of floating currencies, special drawing rights, and gold in the IMF. It highlights that the breakdown of the par value system of the original Articles of the IMF and the failure of the IMF's efforts to substitute a comparable system based on central...

This paper examines the recent trend of rise in protectionism policy in many countries. The general trend of commercial policy during the postwar era was toward a liberal world trading system. In contrast to this trend, pressures for protection have emerged in many countries recently, and it...

This paper explains the primary aim behind the founding of the IMF. The IMF is a cooperative institution that 181 countries have voluntarily joined because they see the advantage of consulting with one another in this forum to maintain a stable system of buying and selling their currencies so...