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International Monetary Fund

Published online by Cambridge University Press:  22 May 2009

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Extract

The Annual Report of the Executive Directors of the International Monetary Fund for the fiscal year ended April 30, 1957, was transmitted to the Chairman of the Board of Governors on June 28, 1957. The report stated that boom conditions had continued throughout 1956, sustained by an undercurrent of private business investment sufficiently strong to compensate for weaknesses in individual sectors. The increase in the demand for capital, due largely to new production techniques, changes in agricultural and manufacturing methods, and growth in population, had been accompanied by a great volume of economic activity and an increased demand for public and private investment in social services and amenities. Although there had been no further significant extension of restrictions, inflationary tendencies had constituted a primary problem.

Type
International Organizations: Summary of Activities: II. Specialized Agencies
Information
International Organization , Volume 11 , Issue 4 , Autumn 1957 , pp. 683 - 686
Copyright
Copyright © The IO Foundation 1957

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References

1 International Monetary Fund, Annual Report of the Executive Directors for the Fiscal Year Ended April 30, 1937, Washington, D. C., 1957Google Scholar; for a summary of the preceding annual report, see International Organization, X, p. 636–637.

2 International Monetary Fund, Eighth Annual Report on Exchange Restrictions, 1957, Washington, D.C., 1957Google Scholar. For a summary of the previous report, see International Organization, X, p. 638–639.

3 International Monetary Fund, Press Release 255, June 22, 1957.

4 Ibid., Press Release 259, August 10, 1957.

5 Ibid., Press Release 260, August 10, 1957.

6 Ibid., Press Release 264, September 15, 1957.

7 Ibid., Press Release 257, June 28, 1957.

8 Ibid., Press Release 258, July 26, 1957.

9 Ibid., Press Release 263, September 12, 1957.

10 Ibid., Press Release 263, September 12, 1957.

11 Ibid., Press Release, August 8, 1957; Press Release 261, August 26, 1957; Press Release 262, September 5, 1957.