International Monetary Fund Annual Report 1961

Author: International Monetary Fund

This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 30, 1961. The report highlights that in contrast to the year 1959, when virtually all countries participated in worldwide expansion, the year 1960 and the early part of 1961 presented a less unified picture. Rapid growth continued in most of the European industrial countries and in Japan, but in the United States and Canada, a slackening of activity was evident. The volume of exports of the primary producing countries also increased.

Volume/Issue: Volume 1961 Issue 001

Publication date: September 1961

ISBN: 9781616351731

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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 , Money and Monetary Policy , Public Finance , AR , AREA , Fund , sc , fund transaction , bonham Carter , E , van Lennep , votes of Nigeria , Habibullah mali Achekzai , Exports , Imports , Gold , Trade balance , Africa , Western Europe , Europe , Central America , North America , fund staff , fund member , liquidity position , fund's program , gold transactions service , fund's holding , fiscal year , fund's resource , South America , Caribbean

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Summary

This paper reviews key findings of the IMF’s Annual Report for the fiscal year ended April 30, 1961. The report highlights that in contrast to the year 1959, when virtually all countries participated in worldwide expansion, the year 1960 and the early part of 1961 presented a less unified picture. Rapid growth continued in most of the European industrial countries and in Japan, but in the United States and Canada, a slackening of activity was evident. The volume of exports of the primary producing countries also increased.