...introduction
Abandoning of clearing accounts
The fact that in recent years, a number of these clearing accounts have been abandoned, often for no other than political reasons or under the pressure of international organisations like the International Monetary Fund, should in no way be interpreted as an improvement of the situation.

Assistance required
The mere discontinuation of a clearing account certainly does not solve the basic need for some forms of bilateralism, of which clearing accounts are certainly the most sophisticated form. There are many cases where the disappearance of such clearing merely results in continued bilateralism in different or even more primitive forms, bringing us back to the system of barters and countertrade operations. Undoubtedly, the special arrangements to be made in trying to solve problems connected with these aspects of international trade require the assistance of qualified and experienced experts in this type of trade.

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