Article I – Purposes

E1011958

Article I – Purposes is the foundational section of the IMF’s Articles of Agreement that sets out the institution’s core objectives, including promoting international monetary cooperation, exchange stability, balanced trade growth, and financial assistance to members.

All labels observed (1)

Label Occurrences
Article I – Purposes canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf legal provision ⓘ
treaty article ⓘ
adoptedAt United Nations Monetary and Financial Conference at Bretton Woods ⓘ
adoptedBy member countries of the International Monetary Fund ⓘ
adoptionYear 1944 ⓘ
aimsAt prevention of beggar-thy-neighbor policies in exchange rates ⓘ
promotion of multilateralism in payments and trade ⓘ
stability of the international monetary system ⓘ
appliesTo all members of the International Monetary Fund ⓘ
belongsToOrganization International Monetary Fund ⓘ
bindingOn all IMF members upon accession ⓘ
cameIntoForce 27 December 1945 ⓘ
defines purposes of the International Monetary Fund ⓘ
governs objectives of IMF operations ⓘ
hasAmendments subsequent amendments to IMF Articles of Agreement ⓘ
historicalContext post–World War II reconstruction and monetary stabilization ⓘ
influences IMF lending policies ⓘ
IMF surveillance activities ⓘ
IMF technical assistance priorities ⓘ
interpretedBy IMF Executive Board ⓘ
language English ⓘ
French ⓘ
Spanish ⓘ
legalEffect guides IMF conditionality and program design ⓘ
guides surveillance over members’ exchange rate policies ⓘ
sets outer limits of IMF jurisdiction ⓘ
locatedInDocument Chapter I of the IMF Articles of Agreement ⓘ
objectiveType institutional mandate ⓘ
partOf Articles of Agreement of the International Monetary Fund ⓘ
purposeStated to assist in the establishment of a multilateral system of payments for current transactions ⓘ
to avoid competitive exchange depreciation ⓘ
to contribute to high levels of employment and real income ⓘ
to contribute to the development of the productive resources of all members ⓘ
to correct balance of payments maladjustments without resorting to destructive measures ⓘ
to eliminate foreign exchange restrictions that hamper world trade ⓘ
to facilitate the expansion and balanced growth of international trade ⓘ
to give confidence to members by making the Fund’s resources temporarily available ⓘ
to maintain orderly exchange arrangements among members ⓘ
to promote exchange stability ⓘ
to promote international monetary cooperation ⓘ
to shorten the duration and lessen the degree of disequilibrium in the international balances of payments of members ⓘ
relatedTo Article IV of the IMF Articles of Agreement ⓘ
Article V of the IMF Articles of Agreement ⓘ
shortName Article I of the IMF Articles of Agreement ⓘ
subjectArea international economic law ⓘ
international monetary law ⓘ
subjectOf academic commentary on IMF mandate ⓘ
interpretative decisions by the IMF Executive Board ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.