International Monetary and Financial Law upon Entering the New Millenium: A Tribute to Sir Joseph and Ruth Gold Vol I Sir Joseph Gold Memorial Series

by Andenas, Mads; Norton, Joseph J.

• ISBN13: 9780903067966
• ISBN10: 090306796X
• Format: Paperback
• Copyright: 2003-05-01
• Publisher: British Institute of International

Summary

The period during the last few years of the Second World War, and the few years after peace, was one of the most fecund in relation to innovation for critical human institutions, possibly in the history of the world. Recoiling from the horror of the war, and responding also to the tragedy of the post-First World War period, where mistakes regarding economics caused enormous hardship, governments, statesmen and national leaders were determined to avoid a repetition of the events of the past. The results of these efforts in 1943-1948 were the establishment of the International Monetary Fund, the World Bank, and a provisional organization for trade, called the General Agreement on Tariffs and Trade (GATT). Though Joseph Gold may not have been "present at the creation" of the International Monetary Fund, he surely was the key legal architect of its post-war development. In the area of international monetary law, Sir Joseph was more than the path-finding legal scholar of the post-war era; he often created and defined the parameters of the intellectual journey. In this respect, Sir Joseph was unrivaled as a public international law scholar. This volume contains a wide range of articles dealing with issues of international monetary law, including the World Bank and the IMF, the concept of "dollarization", the EMU and financial conditions in Africa and Asia, as well as personal tributes to the accomplishments of Sir Joseph Gold, to whose memory this series is dedicated.

Table of Contents

Foreword
Preface
Memorial Tributes from SMU and ABA
Memorial Tributes by Fund Colleagues
Family Reminiscences
Sponsoring Organisations
List of Contributors
Acknowledgements and Notice
The World Bank and the IMF Relationship - Quo Vadis?	p. 1
Evolving Role and Challenges for the International Monetary Fund	p. 29
Reflections on International Financial Standards as 'Soft Law'	p. 71
The European Monetary Union as a Catalyst for the Integration of Financial Markets in Europe	p. 99
Dollarisation and its Impact on US Law	p. 111
Applied Monetary Policy and Bank Supervision by the ECB	p. 119
Poverty, Islam, and Doha UNMET Challenges Facing American Trade Law	p. 171
The Search for Intercreditor Parity	p. 203
Sir Joseph Gold and His Times	p. 213
The RTGS, the US Dollar Payment System and the Taking of Collateral Through the CMU Services	p. 245
Cyber Corporation Law: Comparative Legal Semiotics/Comparative Legal Logistics	p. 255
The 1999 US Banking Law Reform and Foreign Banks	p. 283
Sovereign Debtors, Private Creditors, and the IMF	p. 327
'Hard' Law v 'Soft' Law: Unnecessary Dichotomy?	p. 355
International Financial Institutions and the Movement Toward Greater Accountability and the Case of Legal Reform Programmes and the Problem of Evaluation	p. 367
The Debt Burden: An African Perspective	p. 407
Renegotiating International Business Transactions: The Continuing Struggle for Life Against Form	p. 429
International Monetary and Financial Law in the New Millennium	p. 475
International Financial Markets and Insider Trading: Selective Comparative Disclosure Issues	p. 495
The IMF in a Changing World	p. 529
IMF Conditionality	p. 551
Institutional Structure of Financial Regulation: A Trend Towards 'Metaregulators'?	p. 569
Capital Adequacy - The New United Kingdom Financial Services and Markets Regime	p. 589
Globalisation of Financial Markets: An International Passport for Securities Offerings	p. 635
Market Risk Capital and the Basel Internal Models Approach: Some Preliminary Reflections on the Public-Private Partnership Model	p. 693
Law in the Context of 'Globalisation': A Framework of Analysis	p. 713
Regional Financial Institutionalisation and the Creation of a 'Zone of Law': The Context of Financial Stability/Regulation in East Asia	p. 763
Obituary for Sir Joseph Gold	p. 817
Tributes	p. 821
Table of Contents provided by Blackwell. All Rights Reserved.