Part I GENERAL SURVEY
Author: International Monetary Fund
Language:
English
Keywords:
AR; AREA; Fund; sc; fund transaction; bonham Carter; E. van Lennep; votes of Nigeria; Habibullah mali Achekzai; Exports; Imports; Gold; Trade balance; Africa; Western Europe; Europe; Central America; North America

Abstract

IN contrast to the year 1959, when virtually all countries participated in world-wide expansion, the year 1960 and the early part of 1961 presented a less unified picture. Rapid growth continued in most of the European industrial countries and in Japan, but in the United States and Canada a slackening of activity was evident. The volume of exports of the primary producing countries increased, but the prices of their exports, which had risen, on the average, during 1959 and the early part of 1960, subsequently showed a slight downward tendency. Broadly speaking, the average level of commodity prices was unusually steady in the past year.

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Cover International Monetary Fund Annual Report 1961
International Monetary Fund Annual Report 1961
Author: International Monetary Fund
ISBN:
9781616351731
ISSN:
2227-8915
Publication Date:
01 Sep 1961
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781616351731.011
Pages:
212