Annual Report on Exchange Arrangements and Exchange Restrictions 1987

Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 1987 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 1987-08-03 with total page 571 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses developments in the international exchange rate and restrictive systems. The period covered by this report is 1986 and, for major developments, the first quarter of 1987. The report highlights that in 1986, protectionist pressures for trade restrictions in the industrial countries continued to be fueled by large and widening bilateral trade imbalances, persistently high levels of unemployment, and a widespread slowing of economic growth. In spite of continued resistance by some governments, quantitative restrictions were tightened in many industrial countries. There were nevertheless several positive developments in the trade and exchange system.