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International Commitments to Keep: Hong Kong Beyond 1997

Published online by Cambridge University Press:  28 February 2017

Michael C. Davis
Michael C. Davis*
Affiliation:
Chinese University of Hong Kong
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Abstract

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Type
Hong Kong in Transition: Convergence or Divergence in the Implementation of the Joint Declaration
Information
Proceedings of the ASIL Annual Meeting , Volume 91 , 1997 , pp. 191 - 198
Copyright
Copyright © American Society of International Law 1997

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References

1 Articles of Agreement of the International Monetary Fund, entered into force Dec. 27, 1945, amended effective July 28, 1969, April 1, 1978, and Nov. 11, 1992.

2 Mart. I.

3 Id. art. XII, sec. 5.

4 Id. art. IV, sec. 3.

5 Id. IV, sec. 1.

6 Id.

7 See id. art. IV, sec. 3.

8 The Interim Committee, which meets biannually, is a ministerial-level advisory committee to the Executive Board.

9 IMF Launches the Dissemination Standards Bulletin Board on the Internet, Press Release No. 96/47 (Sept. 19, 1996).

10 Id.

11 Id.

12 Id. art. V, sec. 3(a).

13 Id.

14 Id.

15 Systemic Transformation Facility, Decision No. 10348-(93/61) (Apr. 23, 1993), in 19 Selected Decisions and Selected Documents of the International Monetary Fund 177-78 (June 30, 1994) [hereinafter Selected Decisions].

16 See Bosnia and Herzegovina Becomes a Member of the IMF: Receives IMF Credit from Emergency Window, Press Release No. 95/70 (Dec. 20, 1995). Bosnia and Herzegovina succeeded to the membership in the Fund of the former Socialist Federal Republic of Yugoslavia, effective December 14, 1992.

17 See IMF Approves US$17.8 Billion Stand-By Credit/or Mexico, Press Release No. 95/10 (Feb. 1, 1995).

18 Id.

19 Articles of Agreement, supra note 1, art. VII, sec. 1.

20 General Arrangements to Borrow, Decision No. 1289-{62/l) (Jan. 5, 1962, as amended through Oct. 28, 1992), in Selected Decisions, supra note 15, at 284-95.

21 See IMF Adopts a Decision on New Arrangements to Borrow, Press Release No. 97/5 (Jan. 27, 1997).

22 Id.

23 Id.

24 The International Development Association (IDA), which was established in 1960, provides assistance to approximately seventy poor countries, that is, those with an annual per capital gross national product of less than $865 (in 1994 U.S. dollars). The World Bank, Annual Retort 6 (1996).

25 Articles of Agreement, supra note 1, art. V, sec. 2(b).

26 See Camdessus Praises Russian Stabilization; Outlines Next Steps, News Brief No. 97/5 (Apr. 2, 1997) (paraphrasing Mr. Camdessus).

27 Id. (quoting Mr. Camdessus).

28 Partnership for Sustainable Global Growth: Interim Committee Declaration (Sept. 19, 1996), annexed to Communiqué of the Interim Committee of the Board of Governors of the International Monetary Fund, Press Release No. 96/49 (Sept. 29, 1996).