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restrictions under
Article XIV were initiated. The IMF introduced a general framework for Stand-by Arrangements, and the criteria to be applied were standardized. Rooth's term as Managing Director of the IMF ended on 27 April 1956, but he accepted a request by the Executive Board to serve a further period ending on 3 October 1956.
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and payments. Subsequently, general policy on use of IMF's resources was set forth. This initiated the IMF's policy of drawings in tranches. In 1952, in accordance with the
Articles of Agreement, 5 years after the IMF began financial operations, annual consultations with members maintaining exchange
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In Rooth's early career, he was
Solicitor for the Handelsbank (Commercial Bank) of Stockholm (1914), head of Bank's Commercial Credit Department (1915), Assistant Manager and Solicitor of Stockholm Mortgage Bank, Governor of the Central Bank of Sweden
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Rooth, in his first address to member countries as
Managing Director of the IMF on 11 September 1951, stated that the Fund "sought removal or modification of exchange restrictions and other discriminatory practices" aimed at a freer flow of
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In 1914, he married Ingrid
Lundgren (born 1889), the daughter of Bengt Lundgren and Eva Wennerström. In 1931, he married Ingrid Söderlindh (born 1899), the daughter of Gunnar Söderlindh and Gertrud Lindroth.
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Rooth was head of the
Investment Committee of the United Nations Pension Fund from 1947 to 1961, and he was also head of the Currency Board in
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Rooth was born on 2 November 1888, in
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463:"Ivar Rooth Dies; Swedish Banker; Led World Monetary Fund From 1951 to 1956"
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423:] (in Swedish). Stockholm: P. A. Norstedt & Söners. p. 631.
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from 1960 to 1962. After 1962 he stepped down and lived at
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from 1929 to 1948 and the second managing director of the
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449:Who is it: Swedish biographical handbook. 1933
421:Who is it: Swedish biographical handbook. 1925
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709:Swedish officials of the United Nations
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150:3 August 1951 – 3 October 1956
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47:adding citations to reliable sources
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593:Camille Gutt
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58:"Ivar Rooth"
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41:Please help
36:verification
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674:1972 deaths
669:1888 births
491:Victor Moll
386:Gösta Rooth
204:Victor Moll
199:Preceded by
156:Preceded by
663:Categories
598:Ivar Rooth
536:1951–1956
503:1929–1948
395:References
306:Ivar Rooth
283:Profession
272:Alma mater
237:1888-11-02
125:Ivar Rooth
69:newspapers
509:Klas Böök
292:economist
244:Stockholm
216:Klas Böök
193:1929–1948
189:In office
146:In office
266:, Sweden
370:Lidingö
332:with a
264:Lidingö
83:scholar
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425:SELIBR
366:Kuwait
324:Career
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