Statement on the Balance of Payments

Statement on the Balance of Payments
by The American Bankers Association

Book Description: The American Bankers Association, New York, 1963. Soft cover. 8vo - over 7¾ - 9¾" tall. Softcover, Saddle Stitch, Blue and white printed wrappers with black title over white to cover, by the Advisory and International Committee and the Economic Policy Committee of the American Bankers Association, 21 pages, 1963.

Book Condition: Very Good, covers gently rubbed and very light soil, corners lightly bumped, front cover clean, some foxing and tanning to back cover, internally clean and bright, no marks,

Contents: I. Summary of Recommendations II. Supporting Comments, Introduction, Fiscal-Monetary and Debt Management Policies, Reducing the Net Outflow of Private Capital, Aid and Defense Expenditures, Trade and Other Policies, Concluding Remarks -- end. 21 pages.

Bookseller Notes: This is a wonderful piece of Wall Street history and it's comments and content is more relevant as ever as we are now in our 36th year of a trade deficit (1975 was the last year the U.S. had a trade surplus) and we are seeing the long term affects of neglecting this imbalance. I think you'll see after reading this that most of the recommendations are dead on and would be just as important to implement now as they were in 1963. Highly recommended to anyone interested in trade balance.

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