Font Size: a A A

Research On Legal Problem Of The Conditionality Of IMF Loan

Posted on:2007-06-14Degree:MasterType:Thesis
Country:ChinaCandidate:F WangFull Text:PDF
GTID:2166360182478018Subject:International Law
Abstract/Summary:PDF Full Text Request
The loan of IMF has always been the most relief, especially in the financial crisis, which affect the economical stability of every country and the world. Although in the former practice, the loan of IMF has been highly praised. But along with the rapid growth of developing countries ' economy, the loan is doubted. The main reason is that there is defectiveness in the operational system and the legal system is illogical. And the conditionality of the loan is the subject matter of criticizing. The conditionality, which is dominated by developed countries, is now challenged by developing countries. The developing countries are no longer passive and can controvert with the IMF and developed countries as independent country. Taking the chance of Asian Financial Crisis in 90's the former century, the reform of IMF conditionality launched by developing countries shall arose reforms in every aspect of IMF, and affect the reform of other international economic organizations. In our country, the study of IMF is not attached much importance, some area are blank or scratched the surface. Most people deem it full join of world economy to study well the WTO, but it is not the truth. To join the world economy completely, we must research all kinds of international economic organizations, including those important and not important. In the study of IMF, researchers pay much attention on the international monetary system, because RMB is going to reach the world. But in contrast, the study of loan of the IMF and its conditionality is not deeply, some of them are the use for reference. Another reason for study the conditionality of IMF loan lies in china is developing country, in order to stick up for the rights of the developing family in every field of international cooperation, put forward the opinion of our own is one of an efficient approach. This thesis is established in such international background that the developing countries call for economic equality rights, and analyses, compares, depicts, making a systematic and deep research in the form, legal force and character of the conditionality of IMF loan.
Keywords/Search Tags:drawing rights, conditionality of loan, standby-arrangement, guidelines
PDF Full Text Request
Related items