Front Matter

Author(s):
Jorge Guzmán, and Michael Kuhn
Published Date:
September 1990
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    World Economic and Financial Surveys
    January 1988International Capital Markets: Developments and Prospects, by Maxwell Watson, Donald Mathieson, Russell Kincaid, David Folkerts-Landau, Klaus Regling, and Caroline Atkinson.
    February 1988Officially Supported Export Credits: Developments and Prospects, by K. Burke Dillon and Luis Duran-Downing, with Miranda Xafa.
    April 1988World Economic Outlook: A Survey by the Staff of the International Monetary Fund.
    May 1988Multilateral Official Debt Rescheduling: Recent Experience, by Peter M. Keller, with Nissanke E. Weerasinghe.
    May 1988Primary Commodities: Market Developments and Outlook, by the Commodities Division of the Research Department.
    July 1988Staff Studies for the World Economic Outlook, by the Research Department of the International Monetary Fund.
    October 1988World Economic Outlook: Revised Projections, by the Staff of the International Monetary Fund.
    April 1989World Economic Outlook: A Survey by the Staff of the International Monetary Fund.
    April 1989International Capital Markets: Developments and Prospects, by a Staff Team from the Exchange and Trade Relations and Research Departments.
    July 1989Primary Commodities: Market Developments and Outlook, by the Commodities Division of the Research Department.
    August 1989Staff Studies for the World Economic Outlook, by the Research Department of the International Monetary Fund.
    September 1989Developments in International Exchange and Trade Systems, by a Staff Team from the Exchange and Trade Relations Department.
    October 1989World Economic Outlook: A Survey by the Staff of the International Monetary Fund.
    April 1990International Capital Markets: Developments and Prospects, by a Staff Team from the Exchange and Trade Relations and Research Departments.
    May 1990Officially Supported Export Credits: Developments and Prospects, by G.G. Johnson. Matthew Fisher, and Elliott Harris.
    May 1990World Economic Outlook: A Survey by the Staff of the International Monetary Fund.
    July 1990Primary Commodities: Market Developments and Outlook, by the Commodities Division of the Research Department.
    September 1990Staff Studies for the World Economic Outlook, by the Research Department of the International Monetary Fund.
    October 1990World Economic Outlook: A Survey by the Staff of the International Monetary Fund.
    November 1990Multilateral Official Debt Rescheduling: Recent Experience, by Michael G. Kuhn with Jorge P. Guzman.
    Note: For information on the titles and availability of World Economic and Financial Surveys published prior to 1988, please consult the most recent IMF Publications Catalog or contact IMF Publication Services.

    © 1990 International Monetary Fund

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    Contents

    The following symbols have been used throughout this paper:

    • … to indicate that data are not available;

    • — to indicate that the figure is zero or less than half the digit shown, or that the item does not exist;

    • – between years or months (e.g., 1988–89 or January–June) to indicate the years or months covered, including the beginning and ending years or months;

    • / between years (e.g., 1988/89) to indicate a crop or fiscal (financial) year.

    “Billion” means a thousand million.

    Minor discrepancies between constituent figures and totals are due to rounding.

    Preface

    This study was prepared in the External Finance Division of the Exchange and Trade Relations Department of the International Monetary Fund by Michael G. Kuhn, Deputy Division Chief, with the assistance of Jorge P. Guzman, Economist. The author is indebted to G.G. Johnson for helpful suggestions and advice. Research assistance was provided by Hassanin Ismeail. Staff in other departments also provided valuable suggestions. The study draws on material of earlier Fund studies by staff teams headed by Eduard Brau, Richard Williams, K. Burke Dillon, C. Maxwell Watson, and Peter Keller. The author wishes to thank the editor, Sheila Meehan of the External Relations Department.

    The present study reflects developments through July 1990. While the paper has benefited from comments by members of the Executive Board and by other members of the staff of the Fund, opinions expressed are those of the author and do not necessarily represent the views of Executive Directors or of other staff members.

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