Chapter 1: Developments in the World Economy
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
01 Sep 1981
Keywords:
AR; AREA; sc; Fed. rep.; votes of Egypt; SDR equivalent; valuation adjustment loss; percentages of the total; total vote; personnel expenses; Currencies; Exchange rates; Inflation; Loans; Oil exports; Africa; Global; Caribbean; Western Hemisphere; Middle East; oil exporter; oil importer; non-oil developing countries; Canadian dollar; demand management; Oil; Current account balance; Current account deficits

Abstract

The world economic situation during 1980 and the first half of 1981 was difficult and disappointing in important respects. Nevertheless, signs of progress in dealing with some of the severe economic problems of recent years have begun to emerge. Both the encouraging aspects of the situation and the difficulties confronting national authorities, as well as the policies being utilized to meet those difficulties, are outlined in the following paragraphs and discussed more fully in later sections of this chapter, as well as in Chapter 2.

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Cover International Monetary Fund Annual Report 1981
International Monetary Fund Annual Report 1981
ISBN:
9781616351939
ISSN:
2227-8915
Publication Date:
01 Sep 1981
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781616351939.011
Pages:
270