International Organization and Conference, Part 4, Issue 1 |
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Common terms and phrases
accept according agree American amount approval arrangements articles of agreement assist balance believed Board Bretton Woods BRETTON WOODS CONFERENCE British capital Clearing Committee conference consideration considered continued correct countries currency currency unit desired differences discussions Division dollars draft Economic established exchange rates experts final foreign Fund's fundamental gold governments Governors guaranteed held holdings import included institution interest International Bank International Monetary investment Joint July June later limit loans Lord Keynes March matters meeting ment Monetary Fund necessary objectives Office operations organization Panama participate partly payments percent period points possible prepared presented principles problems productive question quota Reconstruction and Development regarding representatives restrictions Secretary sent Special stabilization fund statement Studies subscription suggested System technical tion trade Treasury Department unitas United Kingdom United States proposal various views voting Washington White
Popular passages
Page 782 - To assist in the establishment of a multilateral system of payments in respect of current transactions between members and in the elimination of foreign exchange restrictions which hamper the growth of world trade.
Page 783 - To promote the long-range balanced growth of international trade and the maintenance of equilibrium in balances of payments by encouraging international investment for the development of the productive resources of members, thereby assisting in raising productivity, the standard of living and conditions of labor in their territories.
Page 782 - To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objectives of economic policy.
Page 782 - To give confidence to members by making the Fund's resources available to them under adequate safeguards, thus providing them with opportunity to correct maladjustments in their balance of payments without resorting to measures destructive of national or international prosperity.
Page 783 - To assist in the reconstruction and development of territories of members by facilitating the investment of capital for productive purposes...
Page 781 - ... ~~The Executive Directors interpret the Articles of Agreement to mean that steps which are necessary to protect a member from unemployment of a chronic or persistent character, arising from pressure on its balance of payments, are among the measures necessary to correct a fundamental disequilibrium...
Page 783 - ... (v) To conduct its operations with due regard to the effect of international investment on business conditions in the territories of members and, in the immediate postwar years, to assist in bringing about a smooth transition from a wartime to a peacetime economy.
Page 773 - The Third Meeting of the Ministers of Foreign Affairs of the American Republics Recommends : 1. That...
Page 783 - Secretary of State, Secretary of Commerce, Chairman of the Board of Governors of the Federal Reserve System, Chairman of the Export-Import Bank, and (added later) the.
Page 783 - To promote private foreign investment by means of guarantees or participations in loans and other investments made by private investors; and when private capital is not available on reasonable terms, to supplement private investment by providing, on suitable i Ibid., p. 68. conditions, finance for productive purposes out of its own capital, funds raised by it and its other resources.