...greatly increased, and that many other countries — both developed and developing — would have to face large current account deficits. In these difficult...economic activity and employment, while minimizing inflation. They recognized that serious difficulties would be created for many developing countries...

...reaching agreement on conditions to be applied to drawings. The relevant part of this reads as follows: 'In these difficult circumstances the Committee agreed...economic activity and employment, while minimizing inflation. They recognized that serious difficulties would be created for many developing countries...

...International Monetary Fund's Committee of Twenty meeting in Rome, spelled them out as follows: ... in managing their international payments countries...economic activity and employment, while minimizing inflation. They recognized that serious difficulties would be created for many developing countries...

...International Monetary Fund's Committee of Twenty meeting in Rome, spelled them out as follows: . . .in managing their international payments countries...economic activity and employment, while minimizing inflation. They recognized that serious difficulties would be created for many developing countries...

...1972 1973* 45.7 49.7 7.1 8.2 25.5 29.0 10.4 12.2 5.2 6.0 26.2 30.3 3.0 3.5 NA NA stated that they were resolved "to pursue policies that would sustain appropriate...economic activity and employment, while minimizing the inflation." In the United States, fiscal and monetary policies will be easier than they would otherwise...

...competitive depreciation and the escalation of rntnctions on trade and payments. They further reioUed to pursue policies that would sustain appropriate levels of economic activity and employment, white minimizing inflation. They recognized that terious difficulties would be created for many developing...

...Committee of Twenty concluded: That the current account surpluses of oil producing countries would be very greatly increased, and that many other countries...dealing with coming deficits. Fundamental to the debate Ibetween proponents of fixed and of flexible exchange rates has been the issue of exchange rate flexibility...

...payments imbalances associated with the rise in petroleum prices rather than adjustment to them and to “pursue policies that would sustain appropriate...economic activity and employment, while minimizing inflation.” At their final meeting in June 1974, the C20 again commented on the current economic...

...and the escalation of restrictions on trade and payments; and emphasized the importance of pursuing policies that would sustain appropriate levels of economic activity and employment, while minimizing inflation. It was also recognized that recent developments would create serious payments difficulties...

...Committee agreed that in managing their international payments, countries must not adopt policies that would merely aggravate the problems of other countries....economic activity and employment, while minimizing inflation. They recognized that serious difficulties would be created for many developing countries...