Part III INTERNATIONAL PAYMENTS RELATIONS

International Monetary Fund

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

INTERNATIONAL transactions in 1960 were strongly influenced by the divergent movements in the trade cycles of the principal industrial countries in North America, Western Europe, and Japan, which brought about major changes in the pattern of world trade. The effect of these changes upon the structure of international payments was, however, offset by very large capital movements associated with the divergent economic trends, and intensified by the financial policies adopted to induce or restrain economic expansion in different countries.

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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

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