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Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475549490
Category : Business & Economics
Languages : en
Pages : 443
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Book Description
This paper outlines among the underdeveloped countries, some experienced an improvement in their balance of payments positions, enabling them to reduce restrictions on payments. Many of them, however, still had difficult balance of payments problems—because of such factors as rapid development and growth, a deterioration in their terms of trade, inflation, and other causes—and continued to apply exchange and import restrictions, or introduced additional restrictions, in an attempt to avoid undue pressure on the exchange rate and a drain on reserves. Taking a broad view of developments in the field of exchange restrictions during the past twelve months, it can be stated that it was a year of progress. The international payments system was strengthened further, and the net effect was a comparative calm in international exchange markets notwithstanding severe fluctuations on stock exchanges. The payments position and prospects of a range of countries enabled them to reduce and in some cases virtually to eliminate restrictions. Other countries that continued to experience balance of payments difficulties, such as India, Indonesia, and Ceylon, increased their import restrictions.
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475549490
Category : Business & Economics
Languages : en
Pages : 443
Get Book
Book Description
This paper outlines among the underdeveloped countries, some experienced an improvement in their balance of payments positions, enabling them to reduce restrictions on payments. Many of them, however, still had difficult balance of payments problems—because of such factors as rapid development and growth, a deterioration in their terms of trade, inflation, and other causes—and continued to apply exchange and import restrictions, or introduced additional restrictions, in an attempt to avoid undue pressure on the exchange rate and a drain on reserves. Taking a broad view of developments in the field of exchange restrictions during the past twelve months, it can be stated that it was a year of progress. The international payments system was strengthened further, and the net effect was a comparative calm in international exchange markets notwithstanding severe fluctuations on stock exchanges. The payments position and prospects of a range of countries enabled them to reduce and in some cases virtually to eliminate restrictions. Other countries that continued to experience balance of payments difficulties, such as India, Indonesia, and Ceylon, increased their import restrictions.
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475549571
Category : Business & Economics
Languages : en
Pages : 536
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Book Description
Annual Report on Exchange Arrangements and Exchange Restrictions 1964
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475548842
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
Annual Report on Exchange Arrangements and Exchange Restrictions 1951
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475548753
Category : Business & Economics
Languages : en
Pages : 155
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Book Description
Annual Report on Exchange Arrangements and Exchange Restrictions 1950
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475549180
Category : Business & Economics
Languages : en
Pages : 384
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Book Description
Annual Report on Exchange Arrangements and Exchange Restrictions 1956
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475548664
Category : Business & Economics
Languages : en
Pages : 404
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Book Description
Annual Report on Exchange Arrangements and Exchange Restrictions 1955
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475548915
Category : Business & Economics
Languages : en
Pages : 356
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Book Description
Annual Report on Exchange Arrangements and Exchange Restrictions 1953
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475549261
Category : Business & Economics
Languages : en
Pages : 388
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Book Description
Annual Report on Exchange Arrangements and Exchange Restrictions 1957
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475549415
Category : Business & Economics
Languages : en
Pages : 385
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Book Description
This paper focuses on progress in reducing or eliminating exchange restrictions that has been substantial and has been made on a wide front; retrogressions have been comparatively few. The beneficial effects of the widening scope of currency convertibility have been felt in many areas, and the evolution toward freer, more orderly, and less discriminatory trade and payments has been strongly supported by a high level of economic activity, expanding international trade, and the general maintenance of monetary stability. Recent developments in trade and payments have not merely reduced the scope of restrictions; they have also changed the nature of these restrictions. Of key importance was the introduction of external convertibility by several countries at the end of 1958. Quotations for externally convertible currencies in exchange markets throughout the world have shown only minor fluctuations in the past twelve months. Most Western European currencies have generally been strong in terms of the US dollar.
Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 4286
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Book Description
The AREAER provides a comprehensive description of restrictions on international trade and payments, capital controls, and measures implemented in the financial sector, including prudential measures that may affect capital flows for all IMF members. It also provides information on the classification of their exchange rate arrangements, operation of foreign exchange markets, restrictions on current international payments and transfers and multiple currency practices subject to the IMF’s jurisdiction in accordance with Article VIII. Descriptions of individual member countries are available at AREAER Online.