The Monetary Approach to the Balance of Payments: A Collection of Research Papers by Members of the Staff of the International Monetary Fund.

1978 ◽  
Vol 86 (6) ◽  
pp. 1164-1166
Author(s):  
Herbert G. Grubel
Keyword(s):  
International Monetary Fund ◽  
Balance Of Payments ◽  
Research Papers ◽  
Monetary Approach ◽  
The International Monetary Fund

Pressures to adjust balance of payments disequilibria: an analysis of the powers of the International Monetary Fund

1976 ◽  
Vol 30 (3) ◽  
pp. 433-452 ◽  
Author(s):  
Frieder Roessler
Keyword(s):  
International Monetary Fund ◽  
Balance Of Payments ◽  
Executive Directors ◽  
Financial Pressure ◽  
New Instruments ◽  
The International Monetary Fund

In view of recent proposals to grant the International Monetary Fund new instruments to press countries to adjust balance of payments disequilibria, the question arises of the efficacy of such means of pressure. An analysis of the Fund's power shows, inter alia, that conditions attached to currency purchases by deficit countries can only influence the techniques of adjustment but not the length of the adjustment period, that it is normally not possible for the Fund to expose individual surplus countries to inflationary or expansionary pressures, that the scarce currency clause is unworkable in present monetary conditions, and that the Fund's system of charges and remunerations cannot be used to exert financial pressure on countries in imbalance. The general avoidance of sanctions by the Fund's Executive Directors suggests that it would only be useful to make additional pressures available to the Fund, as contemplated by the Committee of Twenty, if the authority to take decisions on sanctions were transferred to a separate judicial or quasi-judicial body.

Borrowing Agreement with Slovak Republic

Policy Papers ◽  
2010 ◽  
Vol 2010 (10) ◽  
Author(s):  
Keyword(s):  
International Monetary Fund ◽  
Slovak Republic ◽  
Balance Of Payments ◽  
Financial Resources ◽  
Policy Paper ◽  
The International Monetary Fund

In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund, and with a view to supporting the Fund's ability to provide timely and effective balance of payments assistance to its members, the Slovak Republic agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 440 million, on the terms and conditions set in this policy paper.

Implementation of the Joint Management Action Plan on Bank-Fund Collaboration

Policy Papers ◽  
2010 ◽  
Vol 2010 (16) ◽  
Author(s):  
Keyword(s):  
International Monetary Fund ◽  
Action Plan ◽  
Balance Of Payments ◽  
Financial Resources ◽  
Joint Management ◽  
The International Monetary Fund

In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund (the “Fund”), and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, the Swedish Riksbank (“Riksbank”) agrees to lend to the Fund an SDRdenominated amount up to the equivalent of EUR 2.47 billion, on the terms and conditions set out in this paper.

Borrowing Agreement with the Bank of Slovenia

Policy Papers ◽  
2010 ◽  
Vol 2010 (101) ◽  
Author(s):  
Keyword(s):  
International Monetary Fund ◽  
Balance Of Payments ◽  
Financial Resources ◽  
The International Monetary Fund

In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund (the “Fund”), and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, the Bank of Slovenia agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 280 million, on the terms and conditions set out in this paper.

Borrowing Agreement with the Government of the United Kingdom

Policy Papers ◽  
2009 ◽  
Vol 09 ◽  
Author(s):  
Keyword(s):  
United Kingdom ◽  
International Monetary Fund ◽  
Balance Of Payments ◽  
Financial Resources ◽  
The United Kingdom ◽  
The Government ◽  
The International Monetary Fund

In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund, and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, the Government of the United Kingdom, acting through Her Majesty's Treasury, agrees to lend to the Fund up to the equivalent of SDR 9.92 billion.

Borrowing Agreement Between Deutsche Bundesbank and the International Monetary Fund

Policy Papers ◽  
2009 ◽  
Vol 09 ◽  
Author(s):  
Keyword(s):  
International Monetary Fund ◽  
Balance Of Payments ◽  
Financial Resources ◽  
Deutsche Bundesbank ◽  
The International Monetary Fund

In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund, and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, Deutsche Bundesbank agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 15 billion.

Borrowing Agreement with the Government of France

Policy Papers ◽  
2009 ◽  
Vol 09 ◽  
Author(s):  
Keyword(s):  
International Monetary Fund ◽  
Balance Of Payments ◽  
Financial Resources ◽  
The Government ◽  
The International Monetary Fund

In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund , and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, France agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 11.06 billion, on the terms and conditions set out in this report.

International Monetary Fund

1961 ◽  
Vol 15 (3) ◽  
pp. 520-522 ◽  
Keyword(s):  
International Monetary Fund ◽  
Balance Of Payments ◽  
Australian Government ◽  
Medium Term ◽  
Exchange System ◽  
Foreign Indebtedness ◽  
The Government ◽  
Trade And Exchange ◽  
One Year ◽  
The International Monetary Fund

It was announced on May 1, 1961, that the government of Honduras had entered into a stand-by agreement with the International Monetary Fund designed to support the Honduran government in its effort to strengthen its foreign payments position, while maintaining the freedom and flexibility of its foreign exchange system. The agreement authorized drawings equivalent to $7.5 million from the Fund over the following twelve months. On May 17, 1961, the Fund arranged a one-year standby agreement for the government of Brazil for $160 million and rescheduled the payments to be made by that country to the Fund against previous drawings totaling $140 million. The Fund's financial assistance to Brazil was to support a broad financial program of fiscal, credit, trade, and exchange measures designed to combat inflation and to achieve balance of payments equilibrium within the framework of a free and simplified exchange system. The arrangement with the Fund was to be supplemented by additional credits from other sources and by renegotiation of maturities on Brazil's medium-term foreign indebtedness. The Fund also announced that on April 27, 1961, it had agreed to a drawing by the government of Australia of $175 million in currencies held by the Fund. At the same time it entered into a stand-by arrangement with the Australian government authorizing additional drawings up to $100 million over the following twelve months to support the government's efforts to improve its foreign payments position by means of fiscal, monetary, and other measures.

Borrowing Agreement with the Oesterreichische Nationalbank

Policy Papers ◽  
2010 ◽  
Vol 2010 (8) ◽  
Author(s):  
Keyword(s):  
International Monetary Fund ◽  
Balance Of Payments ◽  
Financial Resources ◽  
The International Monetary Fund

In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund (the “Fund”), and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, the Oesterreichische Nationalbank (“OeNB”) agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 2.18 billion, on the terms and conditions set out in this paper

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