Členství Československa v Mezinárodním měnovém fondu v období 1945–1954
The Membership of Czechoslovakia in the International Monetary Fund in the Period 1945–1954

Summary/Abstract: The presented paper describes the first membership of Czechoslovakia in the International Monetary Fund in the post-war period and the circumstances of its expulsion from this institution in 1954. Although Czechoslovakia was one of the founding members of the Bretton-Woods institutions and its relationship with the IMF looked promising at the beginning, the communist political take-over in February 1948 implied substantial change in this development. It was followed by the introduction of a centrally planned economic system and by a shift in the country’s foreign-political orientation toward the East. The reason for Czechoslovakia’s exclusion from the Bretton-Woods institutions was its repeated non-performance of the member state duties according to the Articles of Agreements of the IMF. The main problem was that Czechoslovakia systematically refused to inform the IMF about developments in its economy and consult relevant monetary and economic arrangements with the IMF.

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