Front Matter

Front Matter

Author(s):
International Monetary Fund
Published Date:
August 1984
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    © 1984 International Monetary Fund

    International Standard Serial Number: ISSN 0251-6365

    Price: US$7.50

    (US$4.50 to university libraries, faculty members, and students)

    Address orders to:

    External Relations Department, Attention Publications

    International Monetary Fund, Washington, D.C. 20431

    Contents

    Conventions and Symbols

    A number of standard conventions have been employed in arriving at the projections in the report. The actual exchange rates of a recent period (June 1984) have been assumed to prevail throughout the projection period; U.S. dollar oil prices have been taken to remain at their levels of the second quarter of 1984; and “present policies” have been assumed. These are, of course, working assumptions rather than forecasts, and the uncertainties surrounding them add to the margins of error that would in any event be involved in the report’s projections. The estimates and projections themselves are based on statistical information available up to and including August 3, 1984, except for some of the major industrial countries where some minor adjustments have been made to reflect information available up to September 7, 1984.

    The following symbols have been used throughout this report:

    • … to indicate that data are not available;

    • ….. to indicate that data are not applicable;

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

    • – between years or months (e.g., 1983–84 or January-June) to indicate the years or months covered, including the beginning and ending years or months;

    • / between years (e.g., 1983/84) to indicate a crop or fiscal (financial) year.

    “Billion” means a thousand million.

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

    ***

    It should be noted that the term “country” used in this report does not in all cases refer to a territorial entity that is a state as understood by international law and practice. The term also covers some territorial entities that are not states but for which statistical data are maintained and provided internationally on a separate and independent basis.

    Preface

    The estimates and projections contained in this report are the product of a comprehensive interdepartmental review of world economic developments by the staff of the International Monetary Fund. The tables presented here update those published in April 1984 (World Economic Outlook: A Survey by the Staff of the International Monetary Fund) and are accompanied by a short text describing some principal features of the global economic scene. For a comprehensive discussion of major issues affecting the world economy, the reader is referred to the April report.

    The present report is derived from material discussed by the Fund’s Executive Directors on September 7, 1984, and has benefited from comments made by Directors during the discussion. In a few instances, estimates have been updated to take account of subsequent information. The projections and accompanying discussion remain the views of the Fund staff and should not be attributed to Executive Directors or their national authorities.

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