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Max Planck Encyclopedia of Public International Law [MPEPIL]

Financial Institutions, International

Maurizio Ragazzi

Subject(s):
International economic law

Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.

1 Unlike the specialized agencies of the United Nations ( United Nations, Specialized Agencies ), international financial institutions (‘IFIs’) are not a definite number of entities that must satisfy certain mandatory requirements to be classified as such. Rather, the expression denotes a wide variety of organizations presenting the common elements of being a) ‘international’ in that they have, as a rule, been created by treaties , and operate to the benefit of, and are governed by, more than one State, often on the basis of a corporate structure, and b)...
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