International Monetary Fund Annual Report 1958

Author: International Monetary Fund

This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 30, 1958. The report highlights that at the beginning of 1957, the world economy was still dominated by boom conditions generated by an intense worldwide wave of private and public investment, which was reflected in a large demand for capital. Already in some countries, there were signs that a period of readjustment was not far off, but most of the payments problems that called for treatment during the first three quarters of the year had their origin in the inflationary methods.

Volume/Issue: Volume 1958 Issue 001

Publication date: September 1958

ISBN: 9781616351700

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Topics covered in this book

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Business and Economics , Banks and Banking , Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , AR , AREA , Czechoslovakia's drawing , dollar , E , van Lennep , votes of Ghana , appendix I , Membership , sum of the item , Exports , Imports , Public expenditure review , Gold , Personal income , Africa , Western Europe , North America , Middle East , West Africa , fund training , fund staff , fund member , investment program , program of publication , Agricultural commodities , Gold reserves , Caribbean , U , S , Credit , Europe , South America , Central America

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Summary

This paper reviews key findings of the IMF’s Annual Report for the fiscal year ended April 30, 1958. The report highlights that at the beginning of 1957, the world economy was still dominated by boom conditions generated by an intense worldwide wave of private and public investment, which was reflected in a large demand for capital. Already in some countries, there were signs that a period of readjustment was not far off, but most of the payments problems that called for treatment during the first three quarters of the year had their origin in the inflationary methods.