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Titre :
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Les accords g├®n├®raux dÔÇÖemprunt :
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Titre de série :
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Pamphlet Series,
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Auteurs :
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Michael Ainley
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Type de document :
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document électronique
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Editeur :
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[S.l.] : International Monetary Fund, 1984
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ISBN/ISSN/EAN :
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978-1-4519-2483-1
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Résumé :
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This paper examines the role of the IMFÔÇÖs first and longest-lasting borrowing arrangements, the General Arrangements to Borrow (GAB), from their inception in 1961ÔÇô62 to their fundamental reform and enlargement in 1983. The General Arrangements were a product of the times. They were designed to help the IMF deal with growing strains in the par value system caused by the underlying balance-of-payments problems of the two major reserve centers, the United States and the United Kingdom. The General Arrangements were strengthened by the association of Switzerland, a nonmember of the IMF, in 1964.
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