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This paper highlights that there have been increasing signs of hesitancy in the pace of world economic expansion in the first half of 1985. In the United States, output growth declined to an average of 1 percent (at an annual rate) in the first two quarters of the year from 5.7 percent during 1984, and in other industrial countries, the pace of recovery was also generally subdued. Commodity prices fell significantly, thus weakening growth prospects in many developing countries.
Investments: Energy --- Exports and Imports --- Inflation --- Macroeconomics --- Public Finance --- Trade: General --- Energy: General --- Current Account Adjustment --- Short-term Capital Movements --- International Lending and Debt Problems --- Price Level --- Deflation --- International economics --- Investment & securities --- Currency --- Foreign exchange --- Public finance & taxation --- Exports --- Oil --- Imports --- Interest payments --- Current account balance --- International trade --- Commodities --- External debt --- Balance of payments --- Petroleum industry and trade --- Prices --- United States
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This paper presents Selected Decisions and Selected Documents’ Eleventh Issue of the IMF. This volume, the Eleventh Issue of Selected Decisions of the IMF and Selected Documents, presents the decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the IMF to which frequent reference is made in the current activities of the IMF. In addition, the volume contains certain documents relating to the IMF and the United Nations. With few exceptions, the decisions are of a general nature and relate to certain obligations, policies, and procedures under the Articles of Agreement. The issue contains most of the decisions published in the Tenth Issue and in the Supplement to that issue that remain in effect, as well as new decisions adopted after the publication of the Supplement. Decisions of the Fund that are incorporated in the By-Laws, Rules and Regulations are not reproduced in this volume.
Banks and Banking --- Exports and Imports --- Foreign Exchange --- Money and Monetary Policy --- Industries: Financial Services --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Monetary Policy --- International Lending and Debt Problems --- Monetary economics --- Banking --- Currency --- Foreign exchange --- International economics --- Finance --- Currencies --- Multiple currency practices --- Credit --- Loans --- Money --- Financial institutions --- Interest payments --- External debt --- Banks and banking --- Debt service --- Foreign exchange reserves --- United States
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