This series was transferred to the IMF Archives in an undocumented accession. It came with similar memoranda from different departments, such as the ETRAI Exchange Restrictions Department Memoranda.
Series is open according to the Policy on Access to the Fund's Archives. Files will be screened by reference staff for any time restrictions.
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Series contains final copies and drafts of memoranda prepared by staff of the European and North American Department (ENA) on issues relating to the member countries for which it was responsible. Some of these memoranda were later published as staff memoranda or Executive Board Specials. The memoranda have either ENA or ENAX numbers. ENAX memoranda were created to indicate the confidential nature of the papers and had a more restricted circulation. The numbers are sequential and memoranda are arranged in chronological order. Memoranda were often produced by ENA in consultation or collaboration with other IMF departments, such as the Legal Department and the Exchange Restrictions Department. Some of the memoranda represent the first surveys of a new member's economy. Other topics of note include: the supply of sterling in South America; the colonial sterling exchange standard; the European Payments Union and the potential of members withdrawing or the liquidation of the union; the Schuman plan; retention quotas, the London Foreign Exchange Market; intraregional trade; and, Intra-European balance of payments prospects.