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CHAPTER 34: A Trust Fund Established

CHAPTER 34: A Trust Fund Established »

Source: IMF History (1972-1978) Volume 2 : Cooperation on Trial Volume II: Narrative and Analysis

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451931068

ESTABLISHMENT OF A TRUST FUND in 1976 was the clearest expression of the changed character of the Fund’s financial assistance after 1973. After 1973 the Fund, for the first time,...

Chapter 29. Charges, Repurchases, Currencies, and the Fund’s Liquidity

Chapter 29. Charges, Repurchases, Currencies, and the Fund’s Liquidity »

Source: IMF History (1972-1978), Volume 1 : Cooperation on Trial Volume I: Narrative and Analysis

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451922684

TRANSFORMATION OF THE FUND into a more complex financial institution by increasing the number of facilities under which members might draw and by making the Fund a major financia...

CHAPTER 40: Expansion of the World Economic Outlook Project

CHAPTER 40: Expansion of the World Economic Outlook Project »

Source: IMF History (1972-1978) Volume 2 : Cooperation on Trial Volume II: Narrative and Analysis

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451931068

ONE OF THE FUND’S PRINCIPAL RESPONSES to the troubles plaguing the world economy in the 1970s was an expansion of a project known internally as the “World Economic Outlook.” Earl...

Chapter 2. Operating in an Ailing System

Chapter 2. Operating in an Ailing System »

Source: IMF History (1972-1978), Volume 1 : Cooperation on Trial Volume I: Narrative and Analysis

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451922684

WHILE MONETARY AUTHORITIES were trying to make viable the new exchange rates agreed at the Smithsonian Institution, Fund officials were, in the first six months of 1972, adjustin...

Chapter 3. Floating of the Pound Sterling

Chapter 3. Floating of the Pound Sterling »

Source: IMF History (1972-1978), Volume 1 : Cooperation on Trial Volume I: Narrative and Analysis

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451922684

STERLING HAD BEEN IN TROUBLE several times after World War II but it had always rebounded, often dramatically. It is not surprising, therefore, that monetary authorities viewed t...

CHAPTER 45: Allocating More SDRs

CHAPTER 45: Allocating More SDRs »

Source: IMF History (1972-1978) Volume 2 : Cooperation on Trial Volume II: Narrative and Analysis

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451931068

TIME WAS RIGHT IN 1978 for the SDR to move closer to center stage. The management and staff were concerned that the prolonged decline of the dollar in an environment of floating...

CHAPTER 41: Variability of Exchange Rates (1973-1977)

CHAPTER 41: Variability of Exchange Rates (1973-1977) »

Source: IMF History (1972-1978) Volume 2 : Cooperation on Trial Volume II: Narrative and Analysis

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451931068

FLOATING RATES were zealously examined and assessed not only by Fund officials, but also by monetary experts, economists, bankers, and businessmen everywhere. Some of the interes...

CHAPTER 50: Changes in Policymaking

CHAPTER 50: Changes in Policymaking »

Source: IMF History (1972-1978) Volume 2 : Cooperation on Trial Volume II: Narrative and Analysis

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451931068

FROM ITS ESTABLISHMENT until late 1972, the Fund formed policies through the Board of Governors, the Executive Board, and the Managing Director and staff. Member governments were...

CHAPTER 47: Intensification of Regular Activities

CHAPTER 47: Intensification of Regular Activities »

Source: IMF History (1972-1978) Volume 2 : Cooperation on Trial Volume II: Narrative and Analysis

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451931068

REFORMING THE INTERNATIONAL MONETARY SYSTEM, forecasting the world economic outlook, handling an accelerated use of resources and arranging its financing, holding gold auctions,...

Chapter 27. Quotas Enlarged

Chapter 27. Quotas Enlarged »

Source: IMF History (1972-1978), Volume 1 : Cooperation on Trial Volume I: Narrative and Analysis

Series: Miscellaneous Publication (Other)

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451922684

QUOTAS CONTINUED TO BE INTEGRAL to the Fund’s financial structure in the years 1972–78. Upon joining the Fund each member was assigned a quota and was required to pay a subscript...