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GOLD DRAIN [6 records]

Record 1 2017-01-31

English

Subject field(s)
  • Currency and Foreign Exchange
OBS

massive drain on the gold reserves : term extracted from the “Glossaire de l'économie” and reproduced with permission of the Organisation for Economic Co-operation and Development.

Key term(s)
  • massive drain on the gold reserve

French

Domaine(s)
  • Politique monétaire et marché des changes
OBS

prélèvements massifs sur les réserves d'or : terme extrait du «Glossaire de l’économie» et reproduit avec l’autorisation de l’Organisation de coopération et de développement économiques.

Key term(s)
  • prélèvement massif sur les réserves d'or

Spanish

Save record 1

Record 2 2015-10-15

English

Subject field(s)
  • Currency and Foreign Exchange
CONT

Growing international trade, and freer trade in a world more susceptible to political and economic irregularities, require larger liquid reserves for countries to hold as protection against swings in their balance of payments ...

OBS

liquid reserve; liquidity reserve: terms usually used in the plural.

OBS

for "liquidity reserve" : America's gold drain long covered up...(c) long-run liquidity shortage of reserves in a world where foreign trade grows at 7 or 8 per cent per year...

Key term(s)
  • liquidity reserves
  • liquid reserves

French

Domaine(s)
  • Politique monétaire et marché des changes
Key term(s)
  • réserve de liquidités

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
Save record 2

Record 3 1981-02-05

English

Subject field(s)
  • Currency and Foreign Exchange
OBS

America's gold drain long covered up(...)(c) long-run liquidity shortage of reserves in a world where foreign trade grows at 7 or 8 per cent per year while gold from mines grows at barely 2 per cent(...)

French

Domaine(s)
  • Politique monétaire et marché des changes

Spanish

Save record 3

Record 4 1981-02-02

English

Subject field(s)
  • Currency and Foreign Exchange
OBS

It is natural enough(...) that some governments and private persons should(...) want to take out gold from the United States rather than continue to hold dollar currency or dollar IOUs. This so-called "shift in international liquidity preference" can help explain some of the chronic 1955-1968 gold drain(...)

French

Domaine(s)
  • Politique monétaire et marché des changes

Spanish

Save record 4

Record 5 1981-01-27

English

Subject field(s)
  • Currency and Foreign Exchange
  • Foreign Trade
OBS

Since America probably had a disproportionate share of the world's gold supply in 1950, American experts rather welcomed the first part of the gold drain.

French

Domaine(s)
  • Politique monétaire et marché des changes
  • Commerce extérieur

Spanish

Save record 5

Record 6 1980-08-22

English

Subject field(s)
  • Currency and Foreign Exchange
OBS

America's gold drain long covered up(...) the basic weakness(...) of a dollar-and-gold standard system based on fixed exchange rates(...)

French

Domaine(s)
  • Politique monétaire et marché des changes

Spanish

Save record 6

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