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After Paris: Fiscal, Macroeconomic and Financial Implications of Global Climate Change

After Paris: Fiscal, Macroeconomic and Financial Implications of Global Climate Change »

Source: After Paris : Fiscal, Macroeconomic and Financial Implications of Global Climate Change

Volume/Issue: 2016/1

Series: Staff Discussion Notes

Author(s): Mai Farid , Michael Keen , Michael Papaioannou , Ian Parry , Catherine Pattillo , and Anna Ter-Martirosyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2016

ISBN: 9781513506562

Keywords: Financial markets, Fiscal policy, Climate mitigation, climate finance, adaptation, climate, carbon, emissions, climate change, co

This paper discusses the implications of climate change for fiscal, financial, and macroeconomic policies. Most pressing is the use of carbon taxes (or equivalent trading systems) to implement the emissions mitigat...

After Paris
			: Fiscal, Macroeconomic and Financial Implications of Global Climate Change

After Paris : Fiscal, Macroeconomic and Financial Implications of Global Climate Change »

Volume/Issue: 2016/1

Series: Staff Discussion Notes

Author(s): Mai Farid , Michael Keen , Michael Papaioannou , Ian Parry , Catherine Pattillo , and Anna Ter-Martirosyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2016

DOI: http://dx.doi.org/10.5089/9781513506562.006

ISBN: 9781513506562

Keywords: Financial markets, Fiscal policy, Climate mitigation, climate finance, adaptation, climate, carbon, emissions, climate change, co

This paper discusses the implications of climate change for fiscal, financial, and macroeconomic policies. Most pressing is the use of carbon taxes (or equivalent trading systems) to implement the emissions mitigat...

3. Administration of a US Carbon Tax

3. Administration of a US Carbon Tax »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers A clear and preferably simple policy objective is important for both design and effective administration of a carbon...

8. Carbon Taxes and Corporate Tax Reform

8. Carbon Taxes and Corporate Tax Reform »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers This chapter examines the pros and cons of using a carbon tax to help finance corporate tax reform. We find:...

9. Carbon Taxes and Energy-Intensive Trade-Exposed Industries: Impacts and options

9. Carbon Taxes and Energy-Intensive Trade-Exposed Industries: Impacts and options »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers A unilateral carbon tax could hurt the international competitiveness of U.S. firms, and resulting production shifts c...

1. Carbon Taxes as Part of the Fiscal Solution

1. Carbon Taxes as Part of the Fiscal Solution »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers The United States faces substantial and unsustainable medium- and long-term budget deficits, which will require a com...

4. Carbon Taxes to Achieve Emissions Targets: Insights from EMF 24

4. Carbon Taxes to Achieve Emissions Targets: Insights from EMF 24 »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers According to the most recent Energy Modeling Forum (EMF 24), U.S. CO2 emissions are projected to be 2 percent below 2...

2. Choosing among Mitigation Instruments: How strong is the case for a US carbon tax?

2. Choosing among Mitigation Instruments: How strong is the case for a US carbon tax? »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers Carbon pricing policies are substantially more effective at reducing energy-related CO2 emissions than most other cli...

13. Comparing Countries’ Climate Mitigation Efforts in a Post-Kyoto World

13. Comparing Countries’ Climate Mitigation Efforts in a Post-Kyoto World »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers A key element of sustaining a meaningful reduction in greenhouse gas emissions among a coalition of willing countries...

Conclusion

Conclusion »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic consequences rise with rising atmosph...

Implementing a US Carbon Tax
			: Challenges and Debates

Implementing a US Carbon Tax : Challenges and Debates »

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

DOI: http://dx.doi.org/10.5089/9781138825369.071

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic consequences rise with increasing atmospheri...

Back Matter

Back Matter »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic consequences rise with increasing atmospheri...

Front Matter

Front Matter »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic consequences rise with increasing atmospheri...

12. Implications of Carbon Taxes for Transportation Policies

12. Implications of Carbon Taxes for Transportation Policies »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers Even if a carbon tax were introduced, motor fuels in the United States would still be undercharged on average from th...

5. Macroeconomic Effects of Carbon Taxes

5. Macroeconomic Effects of Carbon Taxes »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers A carbon tax (taken by itself) will likely impose a small but significant long-term drag on the economy....

11. Mixing It Up: Power sector energy and regional and regulatory climate policies in the presence of a carbon tax

11. Mixing It Up: Power sector energy and regional and regulatory climate policies in the presence of a carbon tax »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers A carbon tax creates long-run incentives for innovation and is expected to be the most efficient instrument available...

7. Offsetting a Carbon Tax’s Burden on Low-Income Households*

7. Offsetting a Carbon Tax’s Burden on Low-Income Households* »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers A carbon tax would raise significant revenues and effectively reduce U.S. carbon dioxide (CO2) emissions but may run...

6. The Distributional Burden of a Carbon Tax: Evidence and implications for policy

6. The Distributional Burden of a Carbon Tax: Evidence and implications for policy »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers The distributional effect, or economic incidence, of a carbon tax is the combination of the ways a carbon tax affects...

10. The Role of Energy Technology Policy alongside Carbon Pricing

10. The Role of Energy Technology Policy alongside Carbon Pricing »

Source: Implementing a US Carbon Tax : Challenges and Debates

Series: Books

Publisher: Routledge

Publication Date: 01 March 2015

ISBN: 9781138825369

Keywords: carbon, emissions, carbon tax, tax, transportation

Key Messages for Policymakers In the context of a future carbon tax or market-based trading system, advanced energy technologies offer the opportun...

Financing the Response to Climate Change

Financing the Response to Climate Change »

Source: Financing the Response to Climate Change

Volume/Issue: 2010/06

Series: IMF Staff Position Notes

Author(s): Catherine Pattillo , and Hugh Bredenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 March 2010

ISBN: 9781462386864

Keywords: Climatic changes, Developing countries, Environment, External financing, Resource mobilization, Climate Change, Financing, mitigation, response to climate change, adaptation financing

This note outlines a scheme for mobilizing financing to help developing countries confront the challenges posed by climate change. The idea is to create a 'Green Fund' with the capacity to raise resources on a scal...

Financing the Response to Climate Change

Financing the Response to Climate Change »

Volume/Issue: 2010/06

Series: IMF Staff Position Notes

Author(s): Catherine Pattillo , and Hugh Bredenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 March 2010

DOI: http://dx.doi.org/10.5089/9781462386864.004

ISBN: 9781462386864

Keywords: Climatic changes, Developing countries, Environment, External financing, Resource mobilization, Climate Change, Financing, mitigation, response to climate change, adaptation financing

This note outlines a scheme for mobilizing financing to help developing countries confront the challenges posed by climate change. The idea is to create a 'Green Fund' with the capacity to raise resources on a scal...

2 Achieving Better Results in Human Development

2 Achieving Better Results in Human Development »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

The world has made steady progress toward meeting the numerical targets for the human development Millennium Development Goals (MDGs). Achievements have been impressive in some cases, and even in countries t...

6 Ensuring Environmental Sustainability at the National Level

6 Ensuring Environmental Sustainability at the National Level »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

Achieving environmental sustainability underpins progress on many of the Millenium Development Goals (MDGs). If forests are lost, soils degraded, fisheries depleted, waters polluted...

7 Global Environmental Sustainability: Protecting the Commons

7 Global Environmental Sustainability: Protecting the Commons »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

Sustainable management of global environmental resources—the earth’s climate, ocean fisheries, and biodiversity—is essential to achieving the Millennium Development Goals (MDGs) and...

Global Monitoring Report, 2008
			: MDGs and the Environment:  Agenda for Inclusive and Sustainable Development

Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development »

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

DOI: http://dx.doi.org/10.5089/9780821373842.019

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

Global Monitoring Report 2008, the fifth in an annual series, is essential reading for those who wish to follow the global development agenda and debate in 2008. The year marks the midpoint toward the 2015 deadline...

Back Matter

Back Matter »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

Global Monitoring Report 2008, the fifth in an annual series, is essential reading for those who wish to follow the global development agenda and debate in 2008. The year marks the midpoint toward the 2015 deadline...

Front Matter

Front Matter »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

Global Monitoring Report 2008, the fifth in an annual series, is essential reading for those who wish to follow the global development agenda and debate in 2008. The year marks the midpoint toward the 2015 deadline...

4 Harnessing Trade for Inclusive and Sustainable Growth

4 Harnessing Trade for Inclusive and Sustainable Growth »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

World trade has been expanding rapidly, and trends in trade policy have continued to be in the direction of fewer barriers to trade. 1...

I Monitoring the Development Agenda

I Monitoring the Development Agenda »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

Millennium Development Goals at Midpoint: Where Are We? At midpoint between the adoption of the MDGs in 2000 and their target date in 2015, the review of progress gives a mixed pictu...

II Special Theme: Environmental Sustainability

II Special Theme: Environmental Sustainability »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

A Framework for Monitoring Environmental Sustainability MDG 7 is simply stated: ensure environmental sustainability. However, the idea of environmental sustainability goes beyond the...

5 Leveraging through the International Financial Institutions

5 Leveraging through the International Financial Institutions »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

The past year has seen a continuation of a trend of diminishing importance of the international financial institutions (IFIs) in terms of their net financial flows. The multilateral...

Overview

Overview »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

Declaring a “development emergency,” a host of world leaders meeting in Davos, Switzerland, in January 2008 issued an MDG Call to Action to help the world get back on track to meet...

3 Scaling Up Aid: Opportunities and Challenges in a Changing Aid Architecture

3 Scaling Up Aid: Opportunities and Challenges in a Changing Aid Architecture »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

The global aid landscape is undergoing profound changes in the way aid is financed and delivered. The new aid architecture is marked by the emergence of global funds and nontraditional bilateral donors; a gr...

1 Sustaining and Broadening the Growth Momentum

1 Sustaining and Broadening the Growth Momentum »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: The World Bank

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: Debt, Oil, Global Monitoring Report, Sustainable development, environment, climate change, environmental sustainability, health care, malnutrition

Following a long uninterrupted period of strong global expansion, world economic growth has begun to moderate in response to the continuing financial market turbulence that started in August 2007. Although d...

APPENDICES

APPENDICES »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

...

Appendix I DECISION ON STAND-BY CREDIT ARRANGEMENTS

Appendix I DECISION ON STAND-BY CREDIT ARRANGEMENTS »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

The Fund is prepared to consider requests by members for stand-by arrangements designed to give assurance that, during a fixed period of time, transactions up to a specified amount will be made whenever a me...

Appendix II LETTER OF MANAGING DIRECTOR TO ALL MEMBERS ON RETENTION QUOTAS

Appendix II LETTER OF MANAGING DIRECTOR TO ALL MEMBERS ON RETENTION QUOTAS »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

May 5, 1953 Sir: The Fund has made a detailed study concerning retention quotas and other similar practices pursuant to the resolution passed at the Seventh Session of the Board of Governor...

Appendix III SUMMARY OF FUND TRANSACTIONSfrom the beginning of operations to April 30, 1953

Appendix III SUMMARY OF FUND TRANSACTIONSfrom the beginning of operations to April 30, 1953 »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

(In millions of U. S. dollars) Country Currency Purchased by Member Against Own Currency...

Appendix IV MEMBERSHIP, QUOTAS, GOVERNORS, AND VOTING POWERas of April 30, 1953

Appendix IV MEMBERSHIP, QUOTAS, GOVERNORS, AND VOTING POWERas of April 30, 1953 »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

QUOTA VOTES Member Amount(000,000’s)...

Appendix IX (i) BALANCE SHEET, STATEMENT OF INCOME AND EXPENDITURE AND SUPPORTING SCHEDULES

Appendix IX (i) BALANCE SHEET, STATEMENT OF INCOME AND EXPENDITURE AND SUPPORTING SCHEDULES »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

Letter of Transmittal July 1, 1953 My dear Mr. Chairman: In accordance with Section 20 (b) of the By-Laws of the Fund, I have the honor to submit for the consideration of the Board...

Appendix V CHANGES IN MEMBERSHIP OF THE BOARD OF GOVERNORS

Appendix V CHANGES IN MEMBERSHIP OF THE BOARD OF GOVERNORS »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

Changes in the membership of the Board of Governors between May 1, 1952 and April 30, 1953 have been as follows: Fermin Silveira Zorzi, Governor for Uruguay, died in May 1952. Nicolas Vega...

Appendix VI EXECUTIVE DIRECTORS AND VOTING POWERas of April 30, 1953

Appendix VI EXECUTIVE DIRECTORS AND VOTING POWERas of April 30, 1953 »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

Director Alternate Casting...

Appendix VII CHANGES IN MEMBERSHIP OF THE EXECUTIVE BOARD

Appendix VII CHANGES IN MEMBERSHIP OF THE EXECUTIVE BOARD »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

Changes in the membership of the Executive Board between May 1, 1952 and April 30, 1953 have been as follows: Sir George Bolton resigned as Executive Director for the United Kingdom, May 19, 1952....

Appendix VIII (i) ADMINISTRATIVE BUDGET

Appendix VIII (i) ADMINISTRATIVE BUDGET »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

Letter of Transmittal July 1, 1953 My dear Mr. Chairman: The administrative budget of the Fund for the Fiscal Year ending April 30, 1954, as approved by the Board of Executive Dire...

Appendix X (i) SCHEDULE OF PAR VALUES—as of May 30, 1953

Appendix X (i) SCHEDULE OF PAR VALUES—as of May 30, 1953 »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

CURRENCIES OF METROPOLITAN AREAS Member Currency Par ValuesIn Terms of Gold...

I The World Payments Situation, 1952-53

I The World Payments Situation, 1952-53 »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

Despite the downward trend in world trade that became evident early in 1952, the world payments position for the year as a whole showed a much better balance than in 1951. The progress toward a better balanc...

II The Residual Dollar Problem

II The Residual Dollar Problem »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

The persistent tendency toward a surplus in the United States balance of payments has been one of the main preoccupations in the field of international finance since the end of World War II. According to the...

III The Movement Toward Convertibility

III The Movement Toward Convertibility »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

Monetary Policy The improvement in the general payments position described in the preceding chapters was in large measure the result of the return to active monetary policies. This m...

International Monetary Fund Annual Report 1953

International Monetary Fund Annual Report 1953 »

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

DOI: http://dx.doi.org/10.5089/9781616351656.011

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 30, 1953. The report highlights that despite the downward trend in world trade that became evident early in 1952, the world...

Back Matter

Back Matter »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 30, 1953. The report highlights that despite the downward trend in world trade that became evident early in 1952, the world...

Front Matter

Front Matter »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 30, 1953. The report highlights that despite the downward trend in world trade that became evident early in 1952, the world...

IV Monetary Reserves

IV Monetary Reserves »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

Much attention has been paid in recent years to the question whether foreign exchange reserves are adequate either to permit the removal of trade and exchange restrictions imposed for balance of payments pur...

V Exchange Policies

V Exchange Policies »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

Par Values in 1952-53 An initial par value of 4.20 Deutsche Marks per U.S. dollar for the currency of the Federal Republic of Germany was agreed by the Fund on February 2, 1953. This...

VI Membership, Organization, and Administration

VI Membership, Organization, and Administration »

Source: International Monetary Fund Annual Report 1953

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1953

ISBN: 9781616351656

Keywords: exchange, payments, trade, currency, exports

Membership and Organization Japan became a member of the Fund on August 13, 1952, with a quota of $250 million; the Federal Republic of Germany on August 14, 1952, with a quota of $3...