Cover Finance & Development
Finance & Development, June 1979
Author: International Monetary Fund. External Relations Dept.
Series:
Finance & Development
Volume/Issue:
Volume 16: Issue 002
Language:
English
Publication Date:
01 Jun 1979
DOI:
https://doi.org/10.5089/9781616353377.022
ISBN:
9781616353377
ISSN:
0015-1947
Pages:
48
Keywords:
FD; F&D; Annual Meetings of the bank; series of article; country; Robert S. McNamara; challenge of poverty; peoples of the developing countries; IDA credit; money creation-inflation spiral process; full-employment labor force; Potential output; Inflation; Income; Oil; Africa; Asia and Pacific; South America; Global; South Asia
Legal-disclaimer:
Opinions expressed in articles and other materials are those of the authors; they do not necessarily reflect IMF policy.
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This paper highlights that in the first quarter of 1979, the IMF took further steps to enhance its ability to promote orderly world economic growth with reasonable price stability as a means of achieving a stable system of exchange rates. It adopted several measures designed to make the special drawing right the principal reserve asset in the world monetary system. The Interim Committee reaffirmed these aims, expressing broad support for measures that the IMF’s Executive Board has adopted, or is actively considering, in furthering these goals.
Cover Finance & Development
Finance & Development
ISSN:
0015-1947
Publisher:
International Monetary Fund