Fratianni Michele, Pattison John,”The Bank for International Settlements: Assessment of Its Role in International Monetary and Financial Policy Coordination”, 2001, Open Economies Review (12).
Gaspar, V., Angeloni, I. and Tristani, O. (2001), Monetary policy in the euro area: strategy and decision-making at the European Central Bank, Cambridge University Press, Cambridge, 2001.
Ho Daniel E.”Compliance and International Soft Law:Why Do Countries Implement The Basel Accord?”,Journal of International Economic Law(2002).
Johnson Harry G.”The International Monetary System and the Rule of Law”, Journal of Law and Economics, vol.15, No.2, (Oct.1972).
Kriz Miroslav A.”Central Banks and the States Today”,The American Economic Review,Vol.38,No.4,(Sep.,1948).
Pattison John. c.,”International Financial Coopearation and the Number of Adherents: The Basel Committee and Capital Regulation”, 2006, Open Economies Review (17).
Skalaban Andrew,”Policy Cooperation among the States: The Case of Interstate Banking Reform”, American Journal of Political Science, vol.37, No.2,(May, 1993.
Tanaka Misa,”The Macroeconomic Implications of the New Basel Accord”, CESifo Economic Studies, vol. 49, (Feb.2003).
Trichet, J.-C. (2003), The ECB’s monetary strategy after the evaluation and clarification of May 2003, speech delivered at the Center for Financial Studies’ key event, Frankfurt am Main, 20 November 2003.
Trichet, J.-C. (2004), Euro area statistics and their use for ECB policy-making, speech delivered at the Second ECB Conference on Statistics, Frankfurt am Main, 22-23 April 2004.
White William R.,”International Agreements in the Area of Banking and Finance: Accomplishments and Outstanding Issues”, Bank for International Settlements, (Oct., 1996), Working Paper No.38.
Zaring David,”International Law by Other Means: The Twilight Existence of International Financial Regulatory Organizations”,Texas International Law Journal, vol.33.
Abstract
The Nature and Effects of Cooperation among Central Banks in International Economic Law
By
Omid Fateh
Since the start of sixteenth century, central banks have experienced a lot of ups and downs in their functions. Their roles have evolved from strict governmental dependence on central banks for waging wars and being based on the gold standard in their fiscal transactions to issues such as the need for central banking independence and different functions like formulating the monetary and financial policies. In spite of its appearance, the cooperation between the central banks is a relatively old concept in the international economic law. In the current thesis, there have been some questions raised for author. How the cooperation between central banks is achieved in international economic relations? What are the mechanisms governing the central banking cooperation in international community? The results of this study are as follow: the current cooperation systems between central banks can be divided mainly in two distinct international systems. One of them is regional and the other one is global. The first regional central banking cooperation system is European Central Bank that is just accepted for EU membership and the countries which opted the Euro as their single currency. The second global central banking cooperation is the Bank of International Settlements. However, the central banking cooperation is now a matter of concern for the world in its entirety. Finally, these concerns have raised joint issues such as the international financial architecture modification, the need for international financial crisis prevention and facilitating the international financial relations.
Key Words: Central Bank, Cooperation, Independence, European Central Bank, Bank for International Settlements, Basel Capital Accord,Basel Concordat.
SHIRAZ UNIVERSITY
FACULTY OF LAW AND POLITICAL SCIENCES

1. 1. A. THESIS IN

INTERNATIONAL LAW
THE NATURE AND EFFECTS OF COOPERATION AMONG CENTRAL BANKS IN INTERNATIONAL ECONOMIC LAW
BY
OMID FATEH
SUPERVISED BY
Dr. M. EMAMI
DECEMBER 2014
– Capie, F. (2003). “Central banking,” in J. Mokyr (ed.), The Oxford Encyclopedia of Economic History. Oxford: Oxford University Press, pp. 372–۷۷٫ ↑
-Borio, claudio, Toniolo, Gianni.Clement, Piet “past and Future of CentralBaank Cooperation”, 2008, Cambridge University Press,p.3 ↑
-Bank for International Settlements(BIS) ↑
-Great Depression ↑
-Cooper, R. N. (2005a). “Almost a century of central bank Cooperation.” Paper presented at the Fourth BIS Annual Conference: Past and Future of Central Bank Cooperation. Basel: BIS, June 27–۲۹٫ ↑
-Eichengreen, B. (1992). Golden Fetters, the Gold Standard and the Great Depression,
۱۹۱۹–۳۹. New York: Oxford University Press, p. 160. ↑
-Bretton Woods System ↑
-European Payments Union(EPU) ↑
-Gold Pool ↑
– Cooper, R. N. (2005a). “Almost a century of central bank Cooperation.” Paper presented at the Fourth BIS Annual Conference: Past and Future of Central Bank Cooperation. Basel: BIS, June 27–۲۹٫ ↑
-G 10 ↑
-The G10 Basel Committee on Banking Supervision ↑
-The 1988 Basel Capital Accord, ↑
-Basel II ↑
-De Jure ↑
-De Facto ↑