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Monetary Law, International
Max Planck Encyclopedia of Public International Law [MPEPIL]

Monetary Law, International

Andreas F Lowenfeld

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 23 August 2019

Subject(s):
International monetary law — EC Law, relationship with international law — Ordre public

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

1 Sixty-five years after the creation of a rules-based international monetary system at the Bretton Woods Conference (1944) , the system has undergone profound changes. While the institutions created at Bretton Woods (the International Monetary Fund [IMF] and the World Bank [ World Bank Group ) have retained their organizational structure, their role and functions have become quite different from what was expected, even as the international monetary system itself has evolved in several stages and was continuing to do so as of the end of the first decade of the...
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