A Handbook of International Economic Institutions by M. A. G. van Meerhaeghe (auth.)

By M. A. G. van Meerhaeghe (auth.)

What made me write this publication was once a sense that scholars of overseas economics had to fin out their wisdom of the speculation with paintings at the perform of the key foreign fiscal companies, a lot of that are having a starting to be effect at the nationwide economies in their participants. there has been no unmarried quantity given over to a concise remedy of those enterprises. of the overseas businesses themselves could be con­ the once a year studies sulted, in fact, yet more often than not those will not be famous for being short and to the purpose (the goods of value must be fished out of a sea of dead detail), nor do they move in for feedback in their personal actions. In determining the enterprises to be handled within the publication i used to be guided by way of the effect they exert. i've got skipped over these whose actions consist more often than not within the drafting strategies to which, even if meritorious they're, very little realization is paid. a few of them are incorporated within the creation, which supplies a precis of a few associations no longer mentioned individually within the physique of the paintings. There are, even if, exceptions: the association for monetary Cooperation and improvement (OECD) because the association changing the association for eu financial Cooperation (OEEC), and the United international locations convention on alternate and improvement (UNCTAD) whose conferences have succeeded in drawing a lot realization of the press.

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4. The Central African Customs and Economic Union (UDEAC) In June 1959 an Equatorial Customs Union (Union Douaniere EquatoriaJe; UDE) was established between four territories of the Federation of French Equatorial Africa which were to become independent a year later (CongoBrazzaville, Gabon, the Central African Republic and Chad). Cameroon joined the UDE as an associate member in June 1961. In 1964 the member countries decided to broaden the scope of cooperation between them in the fields of infrastructure and industrialization.

Under these circumstances a call on the Fund by non-European countries was regarded as evidence of weak monetary policy; it even gave rise to speculation. 1. The "tranche" decisions and stand-by arrangements The Executive Board therefore decided on 13 February 1952 that member countries could henceforth acquire IMF resources in every case (apart from exceptional circumstances) until such time as the Fund held an amount of the currency in question equal to the corresponding quota. Subsequently these directives were defined more closely.

Coordination of agricultural development programmes has proved to be impossible. On 23 March 1976 a draft treaty for a Central American Economic and Social Community (CESCA) was presented to the MCCA member countries. More equality in the sharing of the benefits of integration is among the aims of the Community. 3. The Caribbean Community (CARICOM) In 1958 a Federation of the West Indies was established, comprising ten island territories in the Caribbean which at that time were all under British sovereignty.

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