IDEAS home Printed from https://ideas.repec.org/a/cup/intorg/v8y1954i2p266-267_13.html
   My bibliography  Save this article

International Monetary Fund

Author

Listed:
  • Anonymous

Abstract

A mission sent by the International Monetary Fund to India, at the request of that government, to study monetary and financial problems arising from the Indian government's five-year development plan, said that $400 million would be needed to complete the program, according to a report released on February 7, 1954. The report indicated that this financing might be sought internally as well as through foreign assistance. The mission regarded the program, which was estimated to call for a total investment of $7 billion, as “essential to the well-being of the people of India and … important to the survival of democracy in Asia”. While grants-in-aid would have a better economic effect than borrowing to obtain the necessary foreign aid, the report noted, the Indian economy was sound and should be able to borrow abroad if need be. Among the special problems covered in the report was the unpredictability of an adequate food supply; the mission recommended that India conclude special arrangements with the United States, Canada and Australia for a supply of wheat to meet “any extraordinary future needs”. In presenting the report to the Indian Parliament, the Indian government welcomed the Fund's study but made it clear that it was not committed to its recommendations.

Suggested Citation

  • Anonymous, 1954. "International Monetary Fund," International Organization, Cambridge University Press, vol. 8(2), pages 266-267, May.
    • Handle: RePEc:cup:intorg:v:8:y:1954:i:2:p:266-267_13
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0020818300030678/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jabbar, Mohammad A., 1993. "Evolving Crop-Livestock Farming Systems in the Humid Zone of West Africa: Potential and Research Needs," Research Reports 183015, International Livestock Research Institute.
    2. Wilson, John F & Takacs, Wendy E, 1979. "Differential Responses to Price and Exchange Rate Influences in the Foreign Trade of Selected Industrial Countries," The Review of Economics and Statistics, MIT Press, vol. 61(2), pages 267-279, May.
    3. Michael Michaely, 1971. "An Over-all View of Policy Patterns," NBER Chapters, in: The Responsiveness of Demand Policies to Balance of Payments: Postwar Patterns, pages 30-70, National Bureau of Economic Research, Inc.
    4. Jan Behringer & Christian A. Belabed & Thomas Theobald & Till van Treeck, 2013. "Einkommensverteilung, Finanzialisierung und makroökonomische Ungleichgewichte," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 82(4), pages 203-221.
    5. repec:prg:jnlpep:v:preprint:id:635:p:1-20 is not listed on IDEAS
    6. James A. Giesecke & Nhi H. Tran & Robert Waschik, 2021. "Should Australia be concerned by Beijing’s trade threats: modelling the economic costs of a restriction on imports of Australian coal," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 65(1), pages 1-22, January.
    7. Libbin, Susan A., 1964. "Contribution of Public Law 480 to Development of the Greek Economy: A Preliminary Report," Miscellaneous Publications 316632, United States Department of Agriculture, Economic Research Service.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:intorg:v:8:y:1954:i:2:p:266-267_13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/ino .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.