International Monetary Fund Annual Report 1962

Author: International Monetary Fund

This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 30, 1962. The report highlights that the year 1961 was one of general expansion in the industrial countries. In the United States and Canada, industrial production and real national product resumed their upward course during the spring of 1961, following the mild recession of 1960. Expansion continued in Europe and Japan, although at a slower rate than in the earlier year, as production approached the limits of the available supplies of labor.

Volume/Issue: Volume 1962 Issue 001

Publication date: September 1962

ISBN: 9781616351748

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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 , sc , membership of the executive board , votes of Cyprus , van Lennep , Habibullah mali Achekzai , bonham Carter , U , K , quota , Currencies , Exports , Gold , Imports , Exchange rates , Africa , Western Europe , Europe , North America , Middle East , fund staff , fund member , legal reserve , fund's holding , fund mission , Central America , rate of exchange , discount rate , board of governors , sterling area , central bank , stand-by arrangement , economic activity , fiscal year , forward market , deutsche mark , exchange rate , first quarter , Federal Reserve , 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, 1962. The report highlights that the year 1961 was one of general expansion in the industrial countries. In the United States and Canada, industrial production and real national product resumed their upward course during the spring of 1961, following the mild recession of 1960. Expansion continued in Europe and Japan, although at a slower rate than in the earlier year, as production approached the limits of the available supplies of labor.