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Bank for International Settlements

Published online by Cambridge University Press:  22 May 2009

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Extract

The twenty-first annual report of the Bank for International Settlements, which covered the period from April 1, 1950, to March 31, 1951, stated that, in spite of the changing trends in prices, production, and international trade and payments caused by the Korean conflict, 1950 was “essentially a year of continued consolidation of that astonishing progress which Europe had been making … since the crisis of 1947”.

Type
International Organizations: Summary of Activities: V. Other Functional Organizations
Copyright
Copyright © The IO Foundation 1951

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References

1 For coverage of previous reports, seeInternational Organization, IV, p. 541.

2 Bank for International Settlements, Twenty First Annual Report, 1st April 1950–31st March 1951. Basle, 1951Google Scholar.

3 For the establishment, structure, and funetioning of the European Payments Union, see International Organization, IV, p. 522, 698Google Scholar; V, p. 223, 403. Also, see this issue, p. 816.

4 For a summary of the current activities of the Organization for European Economic Co-operation, see this issue, p. 816.

5 For a current account of the General Agreement on Tariffs and Trade, see International Organization, V, p. 608.

6 Bank for International Settlements, cited above, p. 254. For lack of specific and exact information, the report did not review thev easten European economies to the extent that it did those of western Europe, although some conclusions were drawn. See ibid.