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The Multilateral System of Payments
			: Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement

The Multilateral System of Payments : Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement »

Series: Occasional Papers

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1981

DOI: http://dx.doi.org/10.5089/9781451956382.084

ISBN: 9781451956382

Keywords: international transactions, foreign exchange, exchange transactions, exchange markets, foreign exchange restrictions

Volume 26 of the Collected Writings of John Maynard Keynes records for the first time a strange episode in the development of the International Monetary Fund....

Appendix A: Article VIII and Article XIV

Appendix A: Article VIII and Article XIV »

Source: The Multilateral System of Payments : Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement

Series: Occasional Papers

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1981

ISBN: 9781451956382

Keywords: international transactions, foreign exchange, exchange transactions, exchange markets, foreign exchange restrictions

There has been in recent years a substantial improvement in the balance of payments and the reserve positions of a number of Fund members which has led to important and widespread m...

Appendix B: Payments Arrears

Appendix B: Payments Arrears »

Source: The Multilateral System of Payments : Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement

Series: Occasional Papers

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1981

ISBN: 9781451956382

Keywords: international transactions, foreign exchange, exchange transactions, exchange markets, foreign exchange restrictions

The Executive Board has reviewed the Fund’s policy with respect to payments arrears. The Fund shall be guided by the approach in the conclusions set forth [below]....

I The Anglo-American Debate on Convertibility

I The Anglo-American Debate on Convertibility »

Source: The Multilateral System of Payments : Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement

Series: Occasional Papers

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1981

ISBN: 9781451956382

Keywords: international transactions, foreign exchange, exchange transactions, exchange markets, foreign exchange restrictions

Introduction Volume 26 of the Collected Writings of John Maynard Keynes records for the first time a strange episode in the development of the International Monetary Fund....

II The Practice of the Fund

II The Practice of the Fund »

Source: The Multilateral System of Payments : Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement

Series: Occasional Papers

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1981

ISBN: 9781451956382

Keywords: international transactions, foreign exchange, exchange transactions, exchange markets, foreign exchange restrictions

Freedom for Transfers It will be seen that the practice of the Fund has been consistent with Robertson’s and the U.S. Treasury’s position in the controversy and with the analysis tha...

III Second Amendment

III Second Amendment »

Source: The Multilateral System of Payments : Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement

Series: Occasional Papers

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1981

ISBN: 9781451956382

Keywords: international transactions, foreign exchange, exchange transactions, exchange markets, foreign exchange restrictions

Compromise on Official Convertibility Before the Second Amendment, the definition of a convertible currency under the Articles was, in effect, the currency of a member that had infor...

IV Keynes’ Questionnaire on Convertibility

IV Keynes’ Questionnaire on Convertibility »

Source: The Multilateral System of Payments : Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement

Series: Occasional Papers

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1981

ISBN: 9781451956382

Keywords: international transactions, foreign exchange, exchange transactions, exchange markets, foreign exchange restrictions

Keynes attached to his letter of February 6, 1945 to White an Annex consisting of five questions. 79 Not all of them were answered specifically by Morgenthau’s letter of June 8, 1...

Back Matter

Back Matter »

Source: The Multilateral System of Payments : Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement

Series: Occasional Papers

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1981

ISBN: 9781451956382

Keywords: international transactions, foreign exchange, exchange transactions, exchange markets, foreign exchange restrictions

Volume 26 of the Collected Writings of John Maynard Keynes records for the first time a strange episode in the development of the International Monetary Fund....

Front Matter

Front Matter »

Source: The Multilateral System of Payments : Keynes, Convertibility, and the Internationa Monetary Fund's Articles of Agreement

Series: Occasional Papers

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1981

ISBN: 9781451956382

Keywords: international transactions, foreign exchange, exchange transactions, exchange markets, foreign exchange restrictions

Volume 26 of the Collected Writings of John Maynard Keynes records for the first time a strange episode in the development of the International Monetary Fund....