Second Amendment of the Articles of Agreement of the International Monetary Fund
E1013104
The Second Amendment of the Articles of Agreement of the International Monetary Fund is a major 1970s reform package that overhauled the IMF’s legal framework, including ending the formal gold standard and redefining members’ exchange rate and reserve asset arrangements.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Second Amendment of the Articles of Agreement of the International Monetary Fund canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T12955053 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Second Amendment of the Articles of Agreement of the International Monetary Fund Context triple: [Articles of Agreement of the International Monetary Fund, amendedBy, Second Amendment of the Articles of Agreement of the International Monetary Fund]
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A.
Articles of Agreement of the International Monetary Fund
The Articles of Agreement of the International Monetary Fund are the founding charter and constitutional document that establish the IMF’s purposes, structure, governance, and rules for international monetary cooperation.
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B.
Statutes of the Bank for International Settlements
The Statutes of the Bank for International Settlements are the foundational legal and organizational rules that define the structure, governance, and operations of the Bank for International Settlements.
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C.
Articles of Agreement of the World Bank Group institutions
The Articles of Agreement of the World Bank Group institutions are the foundational international treaties that establish, govern, and define the powers and functions of the World Bank Group’s constituent organizations.
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D.
Nunn–Cohen Amendment
The Nunn–Cohen Amendment is a 1987 U.S. law that created a unified special operations command and funding authority, significantly strengthening and institutionalizing American special operations forces.
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E.
Articles of Association of the Swiss National Bank
The Articles of Association of the Swiss National Bank are the institution’s foundational internal charter that defines its organization, governance structure, and key operational rules within the framework set by Swiss law.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Second Amendment of the Articles of Agreement of the International Monetary Fund Target entity description: The Second Amendment of the Articles of Agreement of the International Monetary Fund is a major 1970s reform package that overhauled the IMF’s legal framework, including ending the formal gold standard and redefining members’ exchange rate and reserve asset arrangements.
-
A.
Articles of Agreement of the International Monetary Fund
The Articles of Agreement of the International Monetary Fund are the founding charter and constitutional document that establish the IMF’s purposes, structure, governance, and rules for international monetary cooperation.
-
B.
Statutes of the Bank for International Settlements
The Statutes of the Bank for International Settlements are the foundational legal and organizational rules that define the structure, governance, and operations of the Bank for International Settlements.
-
C.
Articles of Agreement of the World Bank Group institutions
The Articles of Agreement of the World Bank Group institutions are the foundational international treaties that establish, govern, and define the powers and functions of the World Bank Group’s constituent organizations.
-
D.
Nunn–Cohen Amendment
The Nunn–Cohen Amendment is a 1987 U.S. law that created a unified special operations command and funding authority, significantly strengthening and institutionalizing American special operations forces.
-
E.
Articles of Association of the Swiss National Bank
The Articles of Association of the Swiss National Bank are the institution’s foundational internal charter that defines its organization, governance structure, and key operational rules within the framework set by Swiss law.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
international monetary reform
ⓘ
legal instrument ⓘ treaty amendment ⓘ |
| abolishes |
formal gold standard in the IMF
ⓘ
obligation to maintain par values in terms of gold or US dollar ⓘ official gold par value obligations of members ⓘ |
| adoptedBy |
Board of Governors of the International Monetary Fund
NERFINISHED
ⓘ
member countries of the International Monetary Fund ⓘ |
| adoptionDecidedBy | IMF Board of Governors Resolution NERFINISHED ⓘ |
| affects |
obligations of IMF members regarding exchange arrangements
ⓘ
use of IMF resources by members ⓘ |
| aimsAt |
adapting IMF to post–Bretton Woods environment
ⓘ
greater flexibility in exchange rate arrangements ⓘ reducing role of gold in the international monetary system ⓘ strengthening SDR as a reserve asset ⓘ |
| appliesTo | Articles of Agreement of the International Monetary Fund NERFINISHED ⓘ |
| assigns | IMF surveillance over members’ exchange rate policies ⓘ |
| authorizes |
restitution of gold to IMF members
ⓘ
sale of IMF gold holdings ⓘ |
| bindingOn | all IMF member countries ⓘ |
| creates | new Article IV of the IMF Articles of Agreement ⓘ |
| declares | Special Drawing Rights as the principal reserve asset of the international monetary system ⓘ |
| enteredIntoForceOn | 1978 ⓘ |
| follows | collapse of the Bretton Woods par value system ⓘ |
| language |
English
ⓘ
French ⓘ Spanish ⓘ other official IMF languages ⓘ |
| legalFrameworkOf | International Monetary Fund NERFINISHED ⓘ |
| modifies |
IMF financial operations framework
ⓘ
IMF quota and voting provisions ⓘ rules on allocation of Special Drawing Rights ⓘ |
| overhauls | IMF legal framework ⓘ |
| partOf | post–Bretton Woods monetary reform ⓘ |
| precededBy | First Amendment of the Articles of Agreement of the International Monetary Fund NERFINISHED ⓘ |
| prohibits |
establishment of par values in terms of gold
ⓘ
obligatory use of gold in transactions with the IMF ⓘ use of gold as a denominator of the SDR ⓘ |
| recognizes | right of members to choose their exchange rate arrangements ⓘ |
| redefines | role of Special Drawing Rights ⓘ |
| reforms |
exchange rate regime under the IMF
ⓘ
international monetary system ⓘ reserve asset system under the IMF ⓘ |
| replaces | par value system with a system of exchange rate flexibility ⓘ |
| requires |
members to avoid manipulating exchange rates
ⓘ
members to promote a stable system of exchange rates ⓘ members to pursue orderly economic growth with reasonable price stability ⓘ |
| strengthens | IMF surveillance function ⓘ |
| timePeriod | 1970s ⓘ |
How these facts were elicited
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Subject: Second Amendment of the Articles of Agreement of the International Monetary Fund Description of subject: The Second Amendment of the Articles of Agreement of the International Monetary Fund is a major 1970s reform package that overhauled the IMF’s legal framework, including ending the formal gold standard and redefining members’ exchange rate and reserve asset arrangements.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.