A Contemporary Concept of Monetary Sovereignty (Oxford Monographs in International Law)

By Claus D. Zimmermann.

A Contemporary Concept of Monetary Sovereignty (Oxford Monographs in International Law)

Description

Monetary sovereignty is a crucial legal concept dictating that states have sovereignty over their own monetary, financial, and fiscal affairs. However, it does not feature as part of any key instruments of international law, including the Articles of Agreement of the International Monetary Fund. Rather, it has remained a somewhat separate notion, developed under contemporary international law from an assertion of the former Permanent Court of International Justice in 1929. As a consequence of globalization and increasing financial integration and a worldwide trend towards the creation of ec...

ISBN(s)

0199680744, 9780199680740

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