00995nam a2200109Ia 4500080001800000100003300018245004600051260003200097300001500129520072200144583001900866  a11.03.02 D514  aDe Vries, Margaret Garritsen  aBalance of payments adjustment, 1945-1986  bIMFaWashington, DCUSc1987  axi, 336 p.  aChronologically traces the development of the policies and activities pursued by the fund since 1945 in order to help its members achieve balance of payments adjustment.  Explains how balance of payments was achieved in practice and what policies were most effective.  Discusses main difficulties members encountered in reducing or eliminating payments desequilibria.  Broad topics covered include adjustment under the par value system; 1945-72 which embraces sub-topics including inter alia, the formation and implementation of initial policies and the experience of industrial and developing members in the 1960's.  Also discusses adjustment after 1972 focussing on inflation, adjustment policies and debt strategy.  c3/7/00kM2LMGR