Some reflections on the nature of special drawing rights

By:

Polak, J. J

Material type: Text

TextPublication details: Washington; International Monetary Fund; 1971Description: 28 pSubject(s):

Financial economics

DDC classification:

332.152 POL

Summary: The objectives intended to be achieved by the activation of the facility-as contained in the Fund's amended Articles of Agree ment-were summarized as follows in the Managing Director's proposal: (a) Expansion of international trade, economic activity, and development; (b) promotion of multilateral payments and elimination of restrictions; (c) promotion of exchange stability and orderly exchange rate adjustments; (d) correction of payments maladjustments and reduction in payments disequilibria without resort to measures destructive of national or international prosperity; [and] (e) the avoidance of economic stagnation and deflation as well as excess demand and inflation in the world.

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Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Donated Books	Gandhi Smriti Library	332.152 POL (Browse shelf(Opens below))	Available		DD4983

Total holds: 0

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The objectives intended to be achieved by the activation of the facility-as contained in the Fund's amended Articles of Agree ment-were summarized as follows in the Managing Director's proposal:

(a) Expansion of international trade, economic activity, and development;

(b) promotion of multilateral payments and elimination of restrictions;

(c) promotion of exchange stability and orderly exchange rate adjustments;

(d) correction of payments maladjustments and reduction in payments disequilibria without resort to measures destructive of national or international prosperity; [and]

(e) the avoidance of economic stagnation and deflation as well as excess demand and inflation in the world.

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