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No. 34 (1972)
Artykuły

The legal situation of the International Investment Bank. A comparative study

  • Małgorzata Lachs-Knothe

Published 2023-04-30

Keywords

  • socialist countries,
  • International Investment Bank,
  • Council for Mutual Economic Assistance,
  • bank,
  • international bank,
  • economic development,
  • international cooperation
    • ...More
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Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

The legal situation of the International Investment Bank. A comparative study: [The legal situation of the International Investment Bank. A comparative study]. (2023). Studia Prawnicze The Legal Studies, 34, 194-211. https://doi.org/10.37232/sp.1972.34.8

Abstract

The establishment of the International Investment Bank (IIB) is closely linked to the implementation of the comprehensive economic integration programme of the member countries of the Council for Mutual Economic Assistance. The author presents the objectives and functions of the IIB, classifications of international banks, membership, IIB bodies and their functions, the organisational structure of some International Development and Investment Banks, the legal forms of IIB activities and the legal capacity of the IIB within international law. As the foregoing discussion shows, the IIB is a modern financial organisation with similar structural principles and operations to other such international institutions. The bank’s structure and main objectives are relevant to the existing needs of the development of economic cooperation of socialist states.