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Selected Decisions

Selected Decisions »

Source: IMF History Volume 3 (1945-1965) : Twenty Years of International Monetary Cooperation Volume III: Documents

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451972511

Keywords: gold, member country, balance of payments, foreign exchange, international trade

The decisions reproduced below are those contained in Selected Decisions of the Executive Directors and Selected Documents, Third Issue, January 1965. They comprise the decisions of a general na...

By-Laws and Rules and Regulations

By-Laws and Rules and Regulations »

Source: IMF History Volume 3 (1945-1965) : Twenty Years of International Monetary Cooperation Volume III: Documents

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451972511

Keywords: gold, member country, balance of payments, foreign exchange, international trade

The By-Laws and the Rules and Regulations of the Fund are reproduced below as they stood at December 31, 1965. By-Laws of the International Monetary Fund (As at...

Use of the Fund’s Resources

Use of the Fund’s Resources »

Source: IMF History Volume 3 (1945-1965) : Twenty Years of International Monetary Cooperation Volume III: Documents

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451972511

Keywords: gold, member country, balance of payments, foreign exchange, international trade

The date set for the commencement of Fund operations was March 1, 1947. Discussion in the Board of a number of relevant questions led to the issue, on June 7, 1947, of the following circular let...

Transactions in Gold at Premium Prices

Transactions in Gold at Premium Prices »

Source: IMF History Volume 3 (1945-1965) : Twenty Years of International Monetary Cooperation Volume III: Documents

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451972511

Keywords: gold, member country, balance of payments, foreign exchange, international trade

In May 1947 the Board set up a Committee on External Sales of Gold, charged with examining the legal and economic questions raised by member countries seeking to sell gold abroad at prices above...

Adequacy of Monetary Reserves

Adequacy of Monetary Reserves »

Source: IMF History Volume 3 (1945-1965) : Twenty Years of International Monetary Cooperation Volume III: Documents

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451972511

Keywords: gold, member country, balance of payments, foreign exchange, international trade

On July 10, 1952, ECOSOC passed a resolution following an examination of a report entitled Measures for International Economic Stability. This resolution, inter alia, asked the Fund to keep unde...

International Reserves and Liquidity

International Reserves and Liquidity »

Source: IMF History Volume 3 (1945-1965) : Twenty Years of International Monetary Cooperation Volume III: Documents

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451972511

Keywords: gold, member country, balance of payments, foreign exchange, international trade

In May 1957 South Africa requested that the staff should undertake a study of “the factors affecting the present state of international liquidity, including the world supply of monetary gold.” R...

Enlargement of Fund Resources Through Increases in Quotas

Enlargement of Fund Resources Through Increases in Quotas »

Source: IMF History Volume 3 (1945-1965) : Twenty Years of International Monetary Cooperation Volume III: Documents

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451972511

Keywords: gold, member country, balance of payments, foreign exchange, international trade

At the Annual Meetings in 1958 the subject discussed in the preceding document was extensively canvassed by Governors. On the motion of the Governor for the United States, a resolution was passe...

Compensatory Financing: First Report

Compensatory Financing: First Report »

Source: IMF History Volume 3 (1945-1965) : Twenty Years of International Monetary Cooperation Volume III: Documents

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451972511

Keywords: gold, member country, balance of payments, foreign exchange, international trade

In March 1959 the UN Commission on International Commodity Trade agreed to consider at its next session, in May 1960, international measures designed to compensate for fluctuations in export rec...

Increases in Quotas: Fourth Quinquennial Review

Increases in Quotas: Fourth Quinquennial Review »

Source: IMF History Volume 3 (1945-1965) : Twenty Years of International Monetary Cooperation Volume III: Documents

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451972511

Keywords: gold, member country, balance of payments, foreign exchange, international trade

The Fund is required at intervals of five years to review the quotas of members and to propose any adjustments that it believes to be desirable. No changes were proposed in the course of the fir...

Compensatory Financing: Second Report

Compensatory Financing: Second Report »

Source: IMF History Volume 3 (1945-1965) : Twenty Years of International Monetary Cooperation Volume III: Documents

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 1996

ISBN: 9781451972511

Keywords: gold, member country, balance of payments, foreign exchange, international trade

In 1964 the UN Conference on Trade and Development reviewed the procedure for the compensatory financing of export fluctuations established in 1963 (pp. 442–57 above) and made recommendations fo...