Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1954 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1954-09-01 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses actions taken by members themselves, particularly for the establishment of internal financial stability, are of primary importance for the elimination of restrictions. The IMF has sought to give its support to countries faced with the practical difficulty of establishing such policies, pointing out the importance of appropriate exchange rate policies in achieving a sound international financial position and the importance of internal stability for exchange rate policy. Many member countries have now reached a point where they are re-examining more carefully not only their need for the current level of restrictions, but also the more fundamental question of reliance upon restrictions to cope with balance of payments difficulties. In the first year of IMF consultations, although some countries were applying policies designed to produce favorable conditions for the removal of restrictions, most countries were so preoccupied with their immediate problems that any substantial withdrawal of restrictions was impracticable.

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1964 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1964-09-01 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1964

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1950 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1950-09-01 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1950

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1955 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1955-09-01 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1955

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1953 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1953-09-01 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1953

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1951 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1951-09-03 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1951

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1956 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1956-09-03 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1956

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1957 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1957-09-02 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1957

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1962 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1962-09-03 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1962

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1958 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1958-09-01 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses relatively little overall progress in the formal relaxation of restrictions. Certainly, progress in this respect was much less than in the immediately preceding years. On the other hand, there was a significant strengthening of most internationally traded currencies, particularly in the opening months of 1958. The rates in free markets began to approximate the rates in official markets. In this respect, there was continued progress toward what is commonly called external convertibility, although the present position still falls short of formal external convertibility. In some countries, restrictions were relaxed to only a limited extent, partly because earlier relaxations had left only restrictions of a protective nature and partly because of the more complex nature of the economic trends which characterized the period. In the light of these trends and, more particularly, of the currency speculation which arose during the middle of the period, it is notable that most countries were able to defend the progress toward freer trade and payments which had been made earlier.

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1965 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1965-09-01 with total page 607 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper outlines the changes that took place in restrictive systems were largely a reflection of shifts in the balance of payments positions and outlook of member countries. The country surveys show that these changes were numerous. Several countries, including the United Kingdom and the United States, took steps to moderate capital outflows. The range of restrictive devices applied by some countries appears to have widened in recent years. The use of advance import deposit requirements has spread, and more countries are applying surcharges to imports when in balance of payments difficulties. In contrast, a number of member countries whose restrictive systems have been progressively liberalized in recent years have relied on internal measures to meet temporary balance of payments difficulties rather than resort to restrictions. By making use of the IMF’s resources several member countries have been able to maintain or extend their liberalization policies.

Download or read book Annual report on exchange arrangements and exchange restrictions written by and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1952 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1952-09-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper recognizes the difficulties and problems being faced by member countries under present circumstances and the uncertainties resulting from the strained international situation and rearmament. After the various relaxations and intensifications, there still remains a widespread use of restrictive practices by the IMF’s members. Despite some similarity between the restrictive systems of different countries, there is, as noted, a widespread diversity in the practices of IMF members. Multiple currency practices of many types and a variety of other devices are employed either in isolation or in combination. The purpose of many of the restrictions employed is to cope with balance of payments difficulties of the country imposing them. Some of the difficulties, however, are the result of measures in important export markets. Limitations on imports by one country, through exchange or trade restrictions or other devices, restrict the earnings of other countries and consequently may result in the latter restricting their payments.

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1978 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1978-09-01 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1978

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1959 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1959-09-01 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses economic and financial difficulties that will undoubtedly continue to confront them, although it is to be expected that renewed expansion in world trade will ease the decline in export earnings which they have recently suffered. Much effort will be needed nationally and internationally to create the conditions which will enable these countries to reap the full advantages of growth combined with domestic stability and external equilibrium. In this endeavor, those countries which conduct their transactions in convertible currencies, and which have relatively simple exchange systems, will be in a better position to cope with the financial problems arising out of urgent needs for development. Although many obstacles remain, there is in the world today an increased understanding of the issues involved, and the possibility of achieving the full benefits of a multilateral system is now greater than at any previous time in the IMF’s history.

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1977 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1977-09-01 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1977

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1972 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1972-09-01 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annual Report on Exchange Arrangements and Exchange Restrictions 1972