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CHAPTER 19 Charges, Repurchases, Selection of Currencies

CHAPTER 19 Charges, Repurchases, Selection of Currencies »

Source: IMF History Volume 2 (1945-1965) : Twenty Years of International Monetary Cooperation Volume II: Analysis

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451962925

Keywords: balance of payments, gold, exchange rates, exchange rate, exchange restrictions

The main lines of the fund’s policies on the use of its resources were discussed in Chapter 18; those for stand-by arrangements are dealt with in Chapters 20 and 21. Incidental refe...

CHAPTER 4 Setting Par Values

CHAPTER 4 Setting Par Values »

Source: IMF History Volume 2 (1945-1965) : Twenty Years of International Monetary Cooperation Volume II: Analysis

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451962925

Keywords: balance of payments, gold, exchange rates, exchange rate, exchange restrictions

As the par value system has evolved, many questions have confronted the Fund. Since par values are central to the Fund Agreement, one set of questions has concerned their establishment. How quickly should in...

CHAPTER 5 Exchange Rate Adjustment

CHAPTER 5 Exchange Rate Adjustment »

Source: IMF History Volume 2 (1945-1965) : Twenty Years of International Monetary Cooperation Volume II: Analysis

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451962925

Keywords: balance of payments, gold, exchange rates, exchange rate, exchange restrictions

Just as the fund has had to develop policies pertaining to the establishment and maintenance of par values, so it has had to evolve policies relating to changes in those par values and in other exchange rate...

CHAPTER 14 The Retreat of Bilateralism

CHAPTER 14 The Retreat of Bilateralism »

Source: IMF History Volume 2 (1945-1965) : Twenty Years of International Monetary Cooperation Volume II: Analysis

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451962925

Keywords: balance of payments, gold, exchange rates, exchange rate, exchange restrictions

WHEN THE MACHINERY for international monetary cooperation was being set up in 1943 and 1944, bilateral trade and payments agreements were not as extensively used as they were later to be. During the interwar...

CHAPTER 17 Derivation and Significance of the Fund’s Resources

CHAPTER 17 Derivation and Significance of the Fund’s Resources »

Source: IMF History Volume 2 (1945-1965) : Twenty Years of International Monetary Cooperation Volume II: Analysis

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451962925

Keywords: balance of payments, gold, exchange rates, exchange rate, exchange restrictions

The financial resources which the Fund can make available to its members originate in three ways. The first and largest source is the subscriptions paid by members when they join the Fund; the second is the...

Back Matter

Back Matter »

Source: IMF History Volume 2 (1945-1965) : Twenty Years of International Monetary Cooperation Volume II: Analysis

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451962925

Keywords: balance of payments, gold, exchange rates, exchange rate, exchange restrictions

This paper discusses the history of the first 20 years of the IMF. It attempts to recount objectively what were its origins and what have been its plans and activities. The paper contains a chronological account of...