Compensatory Financing of Export Fluctuations

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Compensatory Financing of Export Fluctuations

international finance

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commodity trade
Interests of the less-developed countries
Compensatory financing refers to international financial assistance to a country whose export earnings have suffered as a result of a decline in primary commodity prices. Such a system was instituted in 1963 by the International Monetary Fund (IMF). In 1969 the IMF also began making…
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Compensatory financing refers to international financial assistance to a country whose export earnings have suffered as a result of a decline in primary commodity prices. Such a system was instituted in 1963 by the International Monetary Fund (IMF). In 1969 the IMF also began making…
Read More