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Annual Report on Exchange Arrangements and Exchange Restrictions 1982
Published since 1950, this authoritative annual reference is based upon a unique IMF database that tracks exchange and trade arrangements for the 187 IMF member countries, along with Hong Kong SAR, Aruba, and Curaçao and St Maarten. The Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER) draws together information on exchange measures in place, the structure and setting of exchange rates, arrangements for payments and receipts, procedures for resident and nonresident accounts, controls on capital transactions, and provisions specific to the financial sector. The data are presented in a clear, easy-to-read tabular format. A summary table allows for simple cross-country comparisons of key features of their exchange and trade regimes. The report’s introduction summarizes recent global trends and developments.
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This paper discusses developments in the international exchange rate and restrictive systems. Global output and trade recovered strongly in 1984, as inflation in the industrial countries remained relatively subdued and further progress in developing countries was made in tackling the problem of overindebtedness. Restrictive exchange practices in the form of multiple exchange rates have been substantially reduced in 1984. Multilateral restructurings of obligations have been large in 1983, amounting to some SDR 60 billion, as compared with SDR 6 billion in 1982.
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