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Legal Effects of Fluctuating Exchange Rates

Legal Effects of Fluctuating Exchange Rates PDF Author: Mr.Joseph Gold
Publisher: International Monetary Fund
ISBN: 1475506929
Category : Business & Economics
Languages : en
Pages : 500

Book Description
This volume, by Joseph Gold, discusses some of the major letgal effects of fluctuating exchange rates in both public international law and national law. The problems and similarities in the solutions are reviewed, and the author recommends further developments in the law.

Legal Effects of Fluctuating Exchange Rates

Legal Effects of Fluctuating Exchange Rates PDF Author: Mr.Joseph Gold
Publisher: International Monetary Fund
ISBN: 1475506929
Category : Business & Economics
Languages : en
Pages : 500

Book Description
This volume, by Joseph Gold, discusses some of the major letgal effects of fluctuating exchange rates in both public international law and national law. The problems and similarities in the solutions are reviewed, and the author recommends further developments in the law.

Exchange Rates in International Law and Organization

Exchange Rates in International Law and Organization PDF Author: Joseph Gold
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 620

Book Description
This work provides an extensive study of the treaty law and administration of exchange rates, including discussions of the International Monetary Fund's role and responsibilities.

Taxation and Foreign Currency

Taxation and Foreign Currency PDF Author: Donald R. Ravenscroft
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 0

Book Description
The income tax consequences of foreign exchange transactions and exchange rate fluctuations. This study presents a full-length, legal analysis of US tax policy on foreign exchange transactions as it affects all international trade and foreign investment by US corporations and residents. Administrative and judicial law are described systematically both in the text and in the digest. The law stated in this volume includes statutory law and decisions as of January 1973.

Floating Currencies, SDR's & Gold Further Legal Developments

Floating Currencies, SDR's & Gold Further Legal Developments PDF Author: International Monetary Fund
Publisher:
ISBN: 9781451958195
Category :
Languages : en
Pages : 116

Book Description
This paper examines legal developments in area of floating currencies, special drawing rights, and gold in the IMF. It highlights that the breakdown of the par value system of the original Articles of the IMF and the failure of the IMF's efforts to substitute a comparable system based on central rates are producing widespread effects in international and domestic law. The floating of sterling has been an impetus to the reversal of the ancient rule that English courts can give monetary judgments only in sterling. It has also influenced the choice of the exchange rate on the day when payment is actually made.

Private International Law in Commonwealth Africa

Private International Law in Commonwealth Africa PDF Author: Richard Frimpong Oppong
Publisher: Cambridge University Press
ISBN: 0521199697
Category : Law
Languages : en
Pages : 559

Book Description
A comprehensive and in-depth analysis of how courts in the countries of Commonwealth Africa decide claims under private international law.

International Trade : Trade Law Remedies Under Floating Exchange Rates

International Trade : Trade Law Remedies Under Floating Exchange Rates PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 56

Book Description


Floating Exchange Rates and the Need for Surveillance

Floating Exchange Rates and the Need for Surveillance PDF Author: Jacques R. Artus
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 52

Book Description


Model Rules of Professional Conduct

Model Rules of Professional Conduct PDF Author: American Bar Association. House of Delegates
Publisher: American Bar Association
ISBN: 9781590318737
Category : Law
Languages : en
Pages : 216

Book Description
The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

Foreign Exchange Intervention Rules for Central Banks: A Risk-based Framework

Foreign Exchange Intervention Rules for Central Banks: A Risk-based Framework PDF Author: Romain Lafarguette
Publisher: International Monetary Fund
ISBN: 1513569406
Category : Business & Economics
Languages : en
Pages : 33

Book Description
This paper presents a rule for foreign exchange interventions (FXI), designed to preserve financial stability in floating exchange rate arrangements. The FXI rule addresses a market failure: the absence of hedging solution for tail exchange rate risk in the market (i.e. high volatility). Market impairment or overshoot of exchange rate between two equilibria could generate high volatility and threaten financial stability due to unhedged exposure to exchange rate risk in the economy. The rule uses the concept of Value at Risk (VaR) to define FXI triggers. While it provides to the market a hedge against tail risk, the rule allows the exchange rate to smoothly adjust to new equilibria. In addition, the rule is budget neutral over the medium term, encourages a prudent risk management in the market, and is more resilient to speculative attacks than other rules, such as fixed-volatility rules. The empirical methodology is backtested on Banco Mexico’s FXIs data between 2008 and 2016.

The Financial Obligation in International Law

The Financial Obligation in International Law PDF Author: Rutsel Silvestre J Martha
Publisher: Oxford University Press
ISBN: 0191055964
Category : Law
Languages : en
Pages : 696

Book Description
This is the first volume to comprehensively and systematically study, describe, and theorize the financial obligation created and governed by public international law. Legal globalization has given rise to a number of financial issues in international law in areas as diverse as development financing, investment protection, compensation of human rights victims, and sovereign debt crises. The claims resulting from the proliferation of financial activity are not limited to those primarily involving financial obligation (e.g. loans and grants) but include secondary obligation resulting from the law on international responsibility. Among the many instances of financial obligation covered in this study, the reader will find inter-State financial transactions, inter-State sale of goods, transnational services such as telecommunications and post, the financial operations of multilateral institutions, loans, grants and guarantees provided by the various international financial institutions, certain financial relations between non-State actors (including natural persons) and States, intergovernmental organizations or other international legal actors, and government loans to international organizations. Rich in historical detail and systematic in its coverage of contemporary law, this book will be valued by all practitioners and scholars with an interest in the nature of international financial obligation.