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Allocation of special drawing rights for the first basic period
			: Proposal by the Managing Director

Allocation of special drawing rights for the first basic period : Proposal by the Managing Director »

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 1969

DOI: http://dx.doi.org/10.5089/9781498308519.019

ISBN: 9781498308519

Keywords: balance of payments, adjustment process, international trade, world trade, balance of payments equilibrium

The adequacy of international liquidity became a problem of increasing concern to the international community during the 1960's. In response, the IMF proposed a new facility, based on Special Drawing Rights, which...

Front Matter

Front Matter »

Source: Allocation of special drawing rights for the first basic period : Proposal by the Managing Director

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 1969

ISBN: 9781498308519

Keywords: balance of payments, adjustment process, international trade, world trade, balance of payments equilibrium

The adequacy of international liquidity became a problem of increasing concern to the international community during the 1960's. In response, the IMF proposed a new facility, based on Special Drawing Rights, which...

Appendix. Illustrative Tables Relating Percentage Rates of Allocation to Hypothetical Quota Totals

Appendix. Illustrative Tables Relating Percentage Rates of Allocation to Hypothetical Quota Totals »

Source: Allocation of special drawing rights for the first basic period : Proposal by the Managing Director

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 1969

ISBN: 9781498308519

Keywords: balance of payments, adjustment process, international trade, world trade, balance of payments equilibrium

The attached tables show the percentage rates of allocation which are specified in Part III of the Report (paragraph 4) in relation to hypothetical totals of quotas of participants that were Fund members on...

Introduction

Introduction »

Source: Allocation of special drawing rights for the first basic period : Proposal by the Managing Director

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 1969

ISBN: 9781498308519

Keywords: balance of payments, adjustment process, international trade, world trade, balance of payments equilibrium

Article XXIV, Section 4(a) and (b) of the Articles of Agreement of the Fund provides that: (a) Decisions under Section 2(a), (b), and...

Part I. Need to Supplement Reserves

Part I. Need to Supplement Reserves »

Source: Allocation of special drawing rights for the first basic period : Proposal by the Managing Director

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 1969

ISBN: 9781498308519

Keywords: balance of payments, adjustment process, international trade, world trade, balance of payments equilibrium

1. Past Developments in the Supply of Reserves In Chapter 2 of this year’s Annual Report, the Executive Directors have pointed out that world reserves, which consist of official hold...

Part II. Elements of the Proposal

Part II. Elements of the Proposal »

Source: Allocation of special drawing rights for the first basic period : Proposal by the Managing Director

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 1969

ISBN: 9781498308519

Keywords: balance of payments, adjustment process, international trade, world trade, balance of payments equilibrium

5. Proposed Basic Period and Amounts of Allocation In Section 2 of Article XXIV it is envisaged that decisions of the Fund to allocate special drawing rights shall normally be for ba...

Part III. Proposal for the Allocation of Special Drawing Rights

Part III. Proposal for the Allocation of Special Drawing Rights »

Source: Allocation of special drawing rights for the first basic period : Proposal by the Managing Director

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 1969

ISBN: 9781498308519

Keywords: balance of payments, adjustment process, international trade, world trade, balance of payments equilibrium

I hereby propose that the Fund allocate special drawing rights to the participants in the Special Drawing Account, in accordance with the Articles of Agreement, as follows:...