International Monetary Fund Annual Report 1954

Author: International Monetary Fund

This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 30, 1954. The report highlights that downward trend in the volume of world trade that had appeared early in 1952 was reversed in 1953, and in the last three quarters of that year, the rate of both the volume and the value of world trade exceeded that of 1952. The pattern of recovery, moreover, was such that it eased substantially the balance-of-payments disequilibrium.

Volume/Issue: Volume 1954 Issue 001

Publication date: September 1954

ISBN: 9781616351663

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Business and Economics , Banks and Banking , Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , AR , AREA , fund transaction , fund holding , graham F , E , van Lennep , votes of Czechoslovakia , Exports , Imports , Gold , Currencies , Public expenditure review , Western Europe , Europe , Africa , North America , Middle East , anti-inflationary monetary policy , Fund staff , sterling area , disposal measure , monetary policy decision , dollar value of U , S , imports , Discount rates , Gold reserves , South America , Central America , fund mission , retirement fund , member country , central bank discount rate , Agricultural commodities , Caribbean

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Summary

This paper reviews key findings of the IMF’s Annual Report for the fiscal year ended April 30, 1954. The report highlights that downward trend in the volume of world trade that had appeared early in 1952 was reversed in 1953, and in the last three quarters of that year, the rate of both the volume and the value of world trade exceeded that of 1952. The pattern of recovery, moreover, was such that it eased substantially the balance-of-payments disequilibrium.