Evolution of the Governing Law for Loan Agreements of the World Bank and Other Multilateral Development Banks
American Journal of International Law, Vol. 90, pp. 214-234, 1996
21 Pages Posted: 24 May 2011
Date Written: May 18, 2011
Abstract
What is the governing law for loan agreements entered into by the World Bank and other multilateral development banks (MDBs) in carrying out their public sector lending? That question was first definitively addressed about thirty-five years ago. This article examines the question anew, against the backdrop of recent developments in practice, especially at the newest of the MDBs, the European Bank for Reconstruction and Development (EBRD).
Keywords: World Bank, Development Banks
JEL Classification: K33, F33, O19, N20, H87
Suggested Citation: Suggested Citation
Head, John W., Evolution of the Governing Law for Loan Agreements of the World Bank and Other Multilateral Development Banks (May 18, 2011). American Journal of International Law, Vol. 90, pp. 214-234, 1996, Available at SSRN: https://ssrn.com/abstract=1846009
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