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Evolution of the Governing Law for Loan Agreements of the World Bank and Other Multilateral Development Banks

Head, John W.
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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). [...]
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Date
1996
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Publisher
American Society of International Law
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Keywords
World bank, Development banks
Citation
John W. Head, Evolution of the Governing Law for Loan Agreements of the World Bank and Other Multilateral Development Banks, 90 American Journal of International Law 214-234 (1996).
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