Developments in the Law and Institutions of International Economic Relations

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Abstract
[Ed. Note: Since World War II the administration of international monetary, financial, and commodity agreements has been performed by institutions operating on weighted voting principles, the weight dependent largely on the stake of various countries in the assetsdisposed of through the agreement. There is much discussion now concerning the adoption of such a system for the trade field, perhaps through amendment of the GATT, or in codesof trade liberalization among developed countries. Mr. Gold's article, relating the limitations and problems attendant upon the operation of the weighted voting system in the International Monetary Ftmd, is therefore particularly timely. Stanley D. Metzger.]

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