This research paper was prepared in the Bank's Economic Intelligence Department and is largely the work of R. G. Ware
A previous article on this subject was published in the September 1972 Bulletin. It dealt with the balance of payments statistics available during the inter-war years, showing how information on previously unquantified items had slowly emerged over the period, and considering the figures' scope and method of estimation. The article concluded that even those figures which had then been available could hardly be judged accurate, and details of too many items were missing altogether for a satisfactory picture of the period's balance of payments to be drawn at that time.
The balance of payments in the inter-war period - further details