Cover International Monetary Fund Annual Report 1949
International Monetary Fund Annual Report 1949

Abstract

This paper reviews key findings of the IMF’s Annual Report for the fiscal year ended April 1949. The report highlights that the unbalanced conditions that have characterized the world economic situation since the end of the war still prevail. In many countries, there remains a striking discrepancy between demand and productive capacity, and an even greater discrepancy between the need for imports and capacity to pay for them. Until effective measures are taken to meet these closely related problems, there can be little hope of achieving the expansion of world trade on a multilateral basis.

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Author:
International Monetary Fund
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Series:
Annual Report of the Executive Board
Publisher:
International Monetary Fund
Language:
English
Publication Date:
01 Sep 1949
DOI:
https://doi.org/10.5089/9781616351618.011
ISBN:
9781616351618
ISSN:
2227-8915
Pages:
128
Keywords:
AR; AREA; The Fund; Fund member; fund; dollar; exchange rate; fund Agreement; fund agreement; fund's policy; cross rate; Gold; Exports; Imports; Reserve assets; Gold prices; Western Hemisphere; Europe; Middle East; Western Europe; Africa
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