International educational exchange program, 1955. PDF
Preview International educational exchange program, 1955.
SIXTH ANNUAL REPORT ON EXCHANGE RESTRICTIONS 1955 ©International Monetary Fund. Not for Redistribution This page intentionally left blank ©International Monetary Fund. Not for Redistribution INTERNATIONAL MONETARY FUND Sixth Annual Report on Exchange Restrictions 1955 Washington, D, C. ©International Monetary Fund. Not for Redistribution This page intentionally left blank ©International Monetary Fund. Not for Redistribution Letter of Transmittal to Members and Governors of the Fund May 4, 1955 Dear Sir: I have the honor to transmit to you a copy of the International Monetary Fund's Sixth Annual Report on Exchange Restrictions, which has been prepared in accordance with the provisions of Arti- cle XIV, Section 4, of the Articles of Agreement. On behalf of the Executive Board, I should like again to express our appreciation of the cooperation of the members in the preparation of the second part of the Report. Sincerely yours, IVAB ROOTH Chairman of the Executive Board and Managing Director V ©International Monetary Fund. Not for Redistribution This page intentionally left blank ©International Monetary Fund. Not for Redistribution CONTENTS PART I Page I. Introduction 1 II. Recent Developments 2 Increased Transferability 2 Relaxations of Restrictions on Trade and Payments 4 Relaxation of Capital Control 6 Multiple Currency Developments 8 Trade and Payments Agreements 10 Other Developments 11 III. Fund Activities 13 Article XIV Consultations and Other Reviews of Exchange Restrictions 13 Discrimination in Transport Insurance 15 Fund-GATT Relations 16 Fund-OEEC Relations 17 IV. Concluding Remarks 18 PART II Explanatory Note 21 Countries Operating Under Article XIV Australia 27 Austria 33 Belgium-Luxembourg 42 Bolivia 54 Brazil 59 Burma 70 Ceylon 75 Chile 81 China (Taiwan) 87 Colombia 93 Costa Rica 101 Denmark 105 Ecuador 113 Egypt 118 Ethiopia 129 Finland 132 vii ©International Monetary Fund. Not for Redistribution Page France 137 Germany, Federal Republic 149 Greece 164 Hong Kong 169 Iceland 174 India 177 Indonesia 186 Iran 193 Iraq 200 Israel 204 Italy 210 Japan 216 Jordan, Hashemite Kingdom 222 Lebanon 227 Netherlands 230 Nicaragua 243 Norway 246 Pakistan 250 Paraguay 258 Peru 267 Philippine Republic 271 Sweden 276 Syria 281 Thailand 284 Turkey 290 Union of South Africa 296 United Kingdom 301 Uruguay 311 Yugoslavia 318 "Article VIII Countries" Canada 327 Cuba 329 Dominican Republic 332 El Salvador 334 Guatemala 336 Haiti 338 Honduras 340 Mexico 342 Panama 344 United States 345 Venezuela 347 vin ©International Monetary Fund. Not for Redistribution Page Nonmember Countries Afghanistan 353 Argentina 357 Irish Republic 364 Korea, Republic of 367 Liberia 370 Libya 371 New Zealand 373 Portugal 377 Saudi Arabia 381 Spain 383 Switzerland 388 IX ©International Monetary Fund. Not for Redistribution
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