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Author: Martin L. Loftus
Publisher:
ISBN:
Category :
Languages : en
Pages : 238
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Book Description
Author: Martin L. Loftus
Publisher:
ISBN:
Category :
Languages : en
Pages : 238
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Book Description
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1616351586
Category : Business & Economics
Languages : en
Pages : 38
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Book Description
This paper reviews key findings of the IMF’s Annual Report for the fiscal year ended September 1946. This report covers the operations and policies of the IMF in the period from May 6, 1946, when the Executive Directors held their first meeting in Washington, through early September 1946. Since it is intended that in future years the annual report of the Executive Directors will cover the operations of the IMF in the preceding fiscal year, such figures as are here presented deal mainly with the period ending June 30, 1946.
Author: International Monetary Fund
Publisher:
ISBN:
Category : International finance
Languages : en
Pages : 104
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Book Description
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1616351594
Category : Business & Economics
Languages : en
Pages : 98
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Book Description
This paper reviews key findings of the IMF’s Annual Report for the fiscal year ended June 1947. The report highlights that in the two years since the end of the Second World War, considerable progress has been made toward rebuilding the economies of the devastated and disrupted countries, although the work is far from complete. A number of countries in Europe have succeeded in approaching or even exceeding the pre-war levels of industrial production, but in others, output still lags far behind.
Author: Martin L. Loftus
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: David Steven Parker
Publisher:
ISBN:
Category :
Languages : en
Pages : 232
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Book Description
Author: Mr.Jaromir Benes
Publisher: International Monetary Fund
ISBN: 1475505523
Category : Business & Economics
Languages : en
Pages : 71
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Book Description
At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.
Author: Martin A. Weiss
Publisher: CreateSpace
ISBN: 9781508946823
Category :
Languages : en
Pages : 30
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Book Description
The International Monetary Fund (IMF), conceived at the Bretton Woods conference in July 1944, is the multilateral organization focused on the international monetary system. Created in 1946 with 46 members, it has grown to include 188 countries. The IMF has six purposes that are outlined in Article I of the IMF Articles of Agreement: promoting international monetary cooperation; expanding the balanced growth of international trade; facilitating exchange rate stability; eliminating restrictions on the international flow of capital; ensuring confidence by making the general resources of the Fund temporarily available to members; and adjusting balance-of-payments imbalances in an orderly manner.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1616351608
Category : Business & Economics
Languages : en
Pages : 137
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Book Description
This paper reviews key findings of the IMF’s Annual Report for the fiscal year ended April 1948. The report highlights that during 1947 and in the early part of 1948, considerable progress was made in strengthening the economies that suffered devastation and dislocation as a result of the war. Over the world, generally production rose and recovery continued, despite widespread political tension and conflict, and disturbances. In nearly all countries, however, the need and demand for goods continued to be abnormally great, and there were increasing difficulties in meeting international payments for import surpluses.
