Annual Report on Exchange Arrangements and Exchange Restrictions 1952.

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 restri...

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Bibliographic Details
Corporate Author: International Monetary Fund. External Relations Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1952.
Series:Annual Report on Exchange Arrangements and Exchange Restrictions
Online Access:Full text available on IMF
Description
Summary: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.
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Physical Description:1 online resource (277 pages)
Format:Mode of access: Internet
ISSN:0250-7366
Access:Electronic access restricted to authorized BRAC University faculty, staff and students