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This paper discusses events related to creation of the IMF. The paper highlights that representatives of 45 countries met at Bretton Woods, New Hampshire, a summer resort in the northeastern part of the United States, to prepare the final texts of the Articles of Agreement of the IMF and of the International Bank for Reconstruction and Development. The paper also discusses activities of the IMF in Latin America, highlighting that the Latin American countries offer a rich variety of economic experience, ranging from examples of financial stability and sustained economic growth to chronic difficulty or acute crisis.
Exports and Imports --- Foreign Exchange --- Labor --- Macroeconomics --- Money and Monetary Policy --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Trade: General --- Labor Economics: General --- Financial Aspects of Economic Integration --- International economics --- Monetary economics --- Currency --- Foreign exchange --- Labour --- income economics --- Currencies --- Monetary unions --- Exchange restrictions --- Exports --- Money --- Economic integration --- International trade --- Labor economics --- United States
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This paper describes the origin of the IMF, its organization, and its method of working. The IMF has as its aim the economic prosperity of the whole world. The IMF pursues an active program of economic research. For this purpose, it systematically collects and publishes data on international trade, holdings of gold and foreign currencies, national income, price indices, restrictions on international payments, international movements of capital, and so on. All this is part of the background against which discussions of problems of individual members are carried out by the Executive Board.
Banks and Banking --- Exports and Imports --- Macroeconomics --- Money and Monetary Policy --- Inflation --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Education: General --- Price Level --- Deflation --- Trade: General --- Measurement and Data on National Income and Product Accounts and Wealth --- Environmental Accounts --- Monetary economics --- Banking --- Education --- International economics --- Finance --- National accounts --- Prices --- Financial institutions --- Money --- Currencies --- Loans --- National income --- Banks and banking --- Income --- United States
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This paper presents highlights of the 1964 annual meetings of the IMF and the International Bank for Reconstruction and Development. The paper underscores that the charters of these organizations provide that they shall hold annual meetings of their Governors, who constitute the highest authority of each body. Although there are two principal institutions involved, and the special business of each is transacted separately, their annual meetings have always been held at the same time, and these joint meetings are in many respects a single and unified event.
Banks and Banking --- Exports and Imports --- Finance: General --- Foreign Exchange --- Money and Monetary Policy --- Investments: Metals --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Portfolio Choice --- Investment Decisions --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Metals and Metal Products --- Cement --- Glass --- Ceramics --- Financial Aspects of Economic Integration --- Monetary economics --- Finance --- Banking --- Currency --- Foreign exchange --- Investment & securities --- International economics --- International liquidity --- Currencies --- Gold --- International monetary system --- Asset and liability management --- Money --- Monetary unions --- Economic integration --- Commodities --- Exchange rates --- International finance --- Banks and banking --- United States
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