Chapter

Analytical Appendix

Author(s):
International Monetary Fund. External Relations Dept.
Published Date:
September 1974
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Principal Features of Member Countries’ Restrictive Systems1

(as at date of country survey)2

AfghanistanAlgeriaArgentinaAustraliaAustria7BahamasBahrainBangladeshBarbadosBelgium-LuxembourgBoliviaBotswana7BrazilBurmaBurnudiCameroonCanadaCentral African Rep.ChadChileChina, Republic ofColombia7Congo, People’s Rep. ofCosta RicaCyprus
1. Article VIII status
2. Article XIV status
3. Exchange rate maintained within relatively narrow margins in terms of
(a) U.S. dollar
(b) sterling
(c) French franc
(d) a group of currencies (see individual country surveys)
(e) an average of exchange rates of main trading partners
4. Exchange rate not maintained within relatively narrow margins as in (a)-(e) above
5. Special exchange rate regime for some or all capital transactions and/or some or all invisibles
6. Import rate(s) different from export rate(s)
7. More than one rate for imports
8. More than one rate for exports
9. Restrictions exist on payments in respect of current transactions30
10. Restrictions exist on payments in respect of capital transactions3,4
11. Prescription of currency
12. Bilateral payments arrangements with members
13. Bilateral payments arrangements with nonmembers
14. Import surcharges
15. Advance import deposits
16. Surrender of export proceeds required
17. Part of larger monetary area5
18. Participates in regional economic cooperation6
For key and footnotes, see page 504.
For key and footnotes, see page 504.
DahomeyDenmark7Dominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEthiopiaFijiFinlandFrance8GabonThe GambiaGermany, Fed. Rep. of8GhanaGreeceGuatemalaGuineaGuyanaHaitiHondurasHong Kong7IcelandIndia9IndonesiaIranIraqIrelandIsraelItaly10Ivory CoastJamaicaJapanJordan
ϕ
For key and footnotes, see page 504.
For key and footnotes, see page 504.
KenyaKhmer RepublicKoreaKuwaitLaosLebanonLesothoLiberiaLibyan Arab Rep.Malagasy RepublicMalawiMalaysiaMaliMaltaMauritaniaMauritiusMexicoMoroccoNepalNetherlandsNetherlands AntillesNew ZealandNicaraguaNigerNigeria
1. Article VIII status
2. Article XIV status
3. Exchange rate maintained within relatively narrow margins in terms of
(a) U.S. dollar
(b) sterling
(c) French franc
(d) a group of currencies (see individual country surveys)
(e) an average of exchange rates of main trading partners
4. Exchange rate not maintained within relatively narrow margins as in (a)-(e) above
5. Special exchange rate regime for some or all capital transactions and/or some or all invisibles
6. Import rate(s) different from export rate(s)
7. More than one rate for imports
8. More than one rate for exports
9. Restrictions exist on payments in respect of current transactions3000
10. Restrictions exist on payments in respect of capital transactions3,4
11. Prescription of currency
12. Bilateral payments arrangements with members
13. Bilateral payments arrangements with nonmembers
14. Import surcharges
15. Advance import deposits
16. Surrender of export proceeds required
17. Part of larger monetary area6
18. Participates in regional economic cooperation6
For key and footnotes, see page 504.
For key and footnotes, see page 504.
Norway7OmanPakistanPanamaParaguayPeruPhilippinesPortugalQatarRomaniaRwandaSaudi ArabiaSenegalSierra LeoneSingaporeSomaliaSouth AfricaSpainSri LankaSudanSurinamSwazilandSweden7Syrian Arab Rep.TanzaniaThailandTogoTrinidad and TobagoTunisiaTurkeyUgandaUnited Arab EmiratesUnited KingdomUnited States
0
0
For key and footnotes, see page 504.
For key and footnotes, see page 504.
Upper VoltaUruguayVenezuelaViet-NamWestern SamoaYemen Arab Rep.Yemen, Peop. Dem. Rep.YugoslaviaZaïreZambia
1. Article VIII status
2. Article XIV status
3. Exchange rate maintained within relatively narrow margins in terms of
(a) U.S. dollar
(b) sterling
(c) French franc
(d) a group of currencies (see individual country surveys)
(e) an average of exchange rates of main trading partners
4. Exchange rate not maintained within relatively narrow margins as in (a)-(e) above
5. Special exchange rate regime for some or all capital transactions and/or some or all invisibles
6. Import rate(s) different from export rate(s)
7. More than one rate for imports
8. More than one rate for exports
9. Restrictions exist on payments in respect of current transactions30
10. Restrictions exist on payments in respect of capital transactions3-4
11. Prescription of currency
12. Bilateral payments arrangements with members
13. Bilateral payments arrangements with nonmembers
14. Import surcharges
15. Advance import deposits
16. Surrender of export proceeds required
17. Part of larger monetary area5
18. Participates in regional economic cooperation6
Key and Footnotes

indicates that practice exists;—indicates that practice does not exist; and 0 indicates that position is undetermined.

Practices indicated as existing do not necessarily apply to all transactions.

In most cases, December 31, 1973. Where the date is a different one, this is indicated in a footnote.

Payments to member countries. Restrictions in the form of quantitative limits or undue delay other than restrictions imposed for security reasons.

Resident-owned funds.

Part of French Franc Area or Sterling Area.

Membership in, or association with, Anglo-Irish Free Trade Area, Arab Common Market, Association of South East Asian Nations, Australia-New Zealand Free Trade Agreement, Caribbean Common Market, Caribbean Free Trade Association, Cartagena Agreement, Central African Customs and Economic Union, Central American Common Market, Common Organization of African, Malagasy and Mauritian States, Council for Mutual Economic Assistance, West African Customs Union or West African Economic Community, East African Community, European Economic Community, European Free Trade Association, Latin American Free Trade Association, Regional Cooperation for Development (Iran, Pakistan, and Turkey), or the Customs Union between Botswana, Lesotho, South Africa, and Swaziland.

Position on January 1, 1974.

Position on March 1, 1974.

Position on January 15, 1974.

Position on March 15, 1974.

Key and Footnotes

indicates that practice exists;—indicates that practice does not exist; and 0 indicates that position is undetermined.

Practices indicated as existing do not necessarily apply to all transactions.

In most cases, December 31, 1973. Where the date is a different one, this is indicated in a footnote.

Payments to member countries. Restrictions in the form of quantitative limits or undue delay other than restrictions imposed for security reasons.

Resident-owned funds.

Part of French Franc Area or Sterling Area.

Membership in, or association with, Anglo-Irish Free Trade Area, Arab Common Market, Association of South East Asian Nations, Australia-New Zealand Free Trade Agreement, Caribbean Common Market, Caribbean Free Trade Association, Cartagena Agreement, Central African Customs and Economic Union, Central American Common Market, Common Organization of African, Malagasy and Mauritian States, Council for Mutual Economic Assistance, West African Customs Union or West African Economic Community, East African Community, European Economic Community, European Free Trade Association, Latin American Free Trade Association, Regional Cooperation for Development (Iran, Pakistan, and Turkey), or the Customs Union between Botswana, Lesotho, South Africa, and Swaziland.

Position on January 1, 1974.

Position on March 1, 1974.

Position on January 15, 1974.

Position on March 15, 1974.

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