Abstract

This paper reviews key findings of the IMF’s Annual Report for the fiscal year ended April 30, 1986. The report highlights that the world economy during 1985 and the early part of 1986 presented a mixed picture. On the positive side, inflation receded further, world output increased at a moderate pace, and interest rates declined significantly. At the same time, the slowdown in industrial countries, particularly in the United States, was sharper than expected, world trade was sluggish, protectionist pressures intensified, and the developing world experienced a setback in its efforts to achieve growth with adjustment.

Buy Book in Print
Author: International Monetary Fund
Series:
Annual Report of the Executive Board
Publisher:
International Monetary Fund
Language:
English
Publication Date:
01 Sep 1986
DOI:
https://doi.org/10.5089/9781616351984.011
ISBN:
9781616351984
ISSN:
2227-8915
Pages:
178
Keywords:
AR; AREA; federal republic; U.S. dollar; SDR; Lao people; SDR equivalent; votes of Egypt; T.P. Lankester; deduction of SDR; Currencies; Personal income; International reserves; SDR interest rate; Exchange rates; Africa; Sub-Saharan Africa; Western Hemisphere; Middle East; Europe; real GNP; structural adjustment; Fund staff; deutsche mark; pound sterling; currency unit; Fund credit; Fund arrangement; Fund surveillance; Canadian dollar; dollar depreciation; dollar holding; federal budget; debt ratio; International monetary system; Inflation; Exports; Imports; Asia and Pacific