TABLE 3.2.1
Financial indicators for the transition economies and selected east
Asian countries, end-June 1997
(Billion dollars, per cent and ratios)
| |
Bank debt |
Credit
commitments c |
Official
reserves a |
Reserves/ |
Total a |
Short-term a |
Share b |
M1 d |
DM e |
ST debt f |
| Eastern Europe |
46.9 |
20.1 |
42.8 |
23.1 |
50.9 |
1.45g |
0.67g |
2.73 |
| Baltic states |
0.7 |
0.4 |
47.6 |
8.2 |
2.4 |
0.80g |
0.73g |
6.74 |
| Russian Federation |
69.1 |
38.3 |
55.4 |
10.2 |
20.4 |
0.47 |
0.32 |
0.53 |
| Other CIS countries h |
3.3 |
1.8 |
54.8 |
36.0 |
3.2 |
0.51g |
.. |
1.78 |
| Indonesia |
58.7 |
34.7 |
59.0 |
27.3 |
14.7 |
0.58 |
0.13 |
0.25 |
| Malaysia |
28.8 |
16.3 |
56.4 |
13.0 |
19.2 |
0.65 |
0.24 |
0.67 |
| Philippines |
14.1 |
8.3 |
58.8 |
21.4 |
7.0 |
0.78 |
0.24 |
0.50 |
| Republic of Korea |
103.4 |
70.2 |
67.9 |
9.9 |
24.5 |
0.60 |
0.15 |
0.24 |
| Thailand |
69.4 |
45.6 |
65.7 |
7.6 |
22.6 |
1.37 |
0.23 |
0.33 |
| Total Asia above |
274.4 |
175.1 |
63.8 |
.. |
88.0 |
0.73 |
0.18 |
0.32 |
| Taiwan Province of China |
25.2 |
22.0 |
87.3 |
31.4 |
64.9 |
.. |
.. |
2.58 |
Source: BIS, The Maturity, Sectoral and Nationality
Distribution of International Bank Lending, First Half 1997 (Basle), January 1998;
IMF, International Financial Statistics (Washington, D.C.), December 1997; national
statistics; UN/ECE secretariat calculations.
Note: Short-term bank debt includes all liabilities maturing within one
year.
a Liabilities vis-à-vis international banks, billion dollars.
b Short-term debt/total bank debt (per cent).
c Undisbursed credit commitments/total bank debt (per cent).
d Official foreign currency reserves/money stock (M1) (ratio).
e Official reserves/domestic money stocks (ratio); domestic money: M2 less
foreign currency deposits.
f Official reserves/short-term bank debt (ratio).
g Unweighted averages.
h Belarus, Republic of Moldova and Ukraine.