Finance & Development, December 1974 [electronic resource]
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TextSeries: Finance & Development; Finance & Development, Volume 11 ; No. 4Publication details: Washington, D.C. : International Monetary Fund, 1974Description: 1 online resource (52 p.)ISBN: 1616353198 :ISSN: 0145-1707Subject(s): Inflation | International Liquidity | International Monetary System | Monetary Fund | Monetary System | Afghanistan, Islamic Republic of | Germany | Iran, Islamic Republic of | Netherlands | United StatesAdditional physical formats: Print Version:: Finance & Development, December 1974Online resources: IMF e-Library | IMF Book Store Abstract: This paper presents main highlights of the IMF Meetings in 1974. Four dominant themes for the annual discussion were clearly stated by Mr. John N. Turner, Governor of the IMF and Bank for Canada. These were inflation, reduced economic growth rates, payments disequilibria, and the crisis situation in many developing countries. There was broad agreement with the opinion of Mr. Yong Hwan Kim, Governor of the IMF and Bank for Korea, that one of the most serious problems facing the world today is inflation.
This paper presents main highlights of the IMF Meetings in 1974. Four dominant themes for the annual discussion were clearly stated by Mr. John N. Turner, Governor of the IMF and Bank for Canada. These were inflation, reduced economic growth rates, payments disequilibria, and the crisis situation in many developing countries. There was broad agreement with the opinion of Mr. Yong Hwan Kim, Governor of the IMF and Bank for Korea, that one of the most serious problems facing the world today is inflation.
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