Protection of the Poor and the Millennium Development Goals
amicus curiae: (Latin, literally: ‘friend of the court’) someone not a party to the case but believing that the court’s decision may affect their interests. They may file a written statement (brief) if all parties consent or the court gives leave to do so. The US government does not need consent or leave. Article IV report: produced by the IMF on the base of regular visits (usually each year) to member economies. After discussion in the IMF’s Executive Board it is transmitted to the member and normally available (in full or at least as a so-called short Public Information Notice (PIN)) at the IMF’s home page nowadays. The name derives from its legal base, Article IV, IMF statutes. avoiding powers: right to demand the return of payments made shortly before the petition to the detriment of other creditors. As elected officials usually continue in their capacities, they would have to do so (which might also be awkward for them). Therefore Section 926 enables creditors to request the court to appoint a trustee to pursue avoiding powers if the municipality refuses to exercise them. Basel I: In 1988 the Basel Committee on Banking Supervision (established by the central bank governors of the Group of Ten countries in 1974 (home page http://www.bis.org/bcbs/index.htm)), decided to introduce a capital measurement system commonly referred to as the Basel Capital Accord or Basel I. Depending on perceived risk, loans were assigned specific weights reducing or increasing the costs of lending in a way strongly encouraging...