IMF HISTORY (1972-78) VOLUMES 1, 2, and 3

Books, August 22, 2007

Source details

Author: Margaret Garritsen De Vries
Publication date on page: August 22, 2007
Subject: Central banks, Financial crises
Format information and distribution:
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Summary (as provided):
- Volume I describes the events following the Smithsonian agreement of December 1971 that led to the collapse of the par value system in early 1973.
- Volume I explains how the IMF initiated new activities, increased its lending, and found ways to support this lending.
- Volume II describes the negotiations leading to the second Amendment to the IMF's Articles, preliminary experiences with floating rates, and developments with respect to the SDR.
- Volume III is a compilation of studies prepared by the staff for the Executive Board's discussions, as well as many of the most important documents published by the IMF in 1972 -78.

Volume I findings and scope:
- Chronology: events following the Smithsonian agreement of December 1971 through the collapse of the par value system in early 1973.
- Institutional response: how the IMF initiated new activities, increased its lending, and found ways to support that lending.
Volume II findings and scope:
- Negotiations: led to the second Amendment to the IMF's Articles.
- Exchange-rate regime: preliminary experiences with floating rates.
- SDR developments: described as a core topic.
Volume III contents:
- Compilation of studies prepared by the staff for the Executive Board's discussions.
- Compilation of many of the most important documents published by the IMF in 1972 -78.

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Source: https://doi.org/10.5089/9780939934430.071