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Reconciling IMF rules and international investment agreements: An innovative derogation for capital controls

Elizabeth L. Broomfield

Title:
Reconciling IMF rules and international investment agreements: An innovative derogation for capital controls
Author(s):
Broomfield, Elizabeth L.
Date:
Type:
Reports
Department:
Vale Columbia Center on Sustainable International Investment
Permanent URL:
Series:
Columbia FDI Perspectives
Part Number:
78
Abstract:
In the absence of an international framework governing capital controls, a conflict has developed due to the different approaches towards such controls taken by various international organizations and international investment agreements (IIAs). IIAs should incorporate derogations for countries when treaty obligations conflict with IMF recommendations to impose controls in response to severe economic hardship.
Subject(s):
International law
Finance
Item views:
131
Metadata:
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