Introduction
I. Recent trends and policies
-Domestic developments
-Balance of payments
-Economic policies
II. The balance of payments adjustment process
-Salient features of developments since the early 1970s
-Factors influencing fluctuations in the external balance
-Structural factors behind the adjustment process
-Current issues
III. Short-term prospects and conclusions
-The outlook for 1982 and 1983
-Policy conclusions
Statistical annex