Вы находитесь на странице: 1из 350

2003

, 2003

Cataloging-in-Publication Data
.
[Washington, D.C.]: , 2008
p.
cm.
Translation of: External Debt Statistics: Guide for Compilers and Users (2003)
Includes bibliographical references.
ISBN 978-1-58906-299-3
1. Debts, External Statistics. 2. Debts, External Statistical methods.
I. International Monetary Fund.
HJ8011.E7517 2008

60,00

:
International Monetary Fund, Publication Services
700 19th Street, N.W., Washington, D.C. 20431, U.S.A.
: (202) 623-7430
: (202) 623-7201
: publications@imf.org
: http://www.imf.org

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

xi

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

xiii

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

xiii
xiv

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xvii
1.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
, . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1
2
3

I.
2.  : . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . .

7
7
9
18

. . . . . . . . . . .

25

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

25
25
27

. . . . . . . . . . . . . . . . . . . .

34

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

34
35
36


,
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

40

3.

4.

5.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

,
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

40
40

41

iii

6.

7.

8.

9.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

44

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
, . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

44
44
46
48

. . . . . . . . . . . . .

51

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
, . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

51
51
56
57
65
67
68
69
73
74

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

75

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
, . . . . . . . . . . . . . . . . .

75
75
76
84
85

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

86

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

86
86
87
89

II. :
10.

11.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

97

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

97
97
99
99
100
102


. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

103

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
? . . . . .
. . . . . . . .
iv

103
103
105
107
107
109

12.

13.

14.

. . . . . .

113

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . .

113
113
115
120

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

124

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
, :
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
, . . . . . . . . . . . . . .
,
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

124
125
125

131
131
132
132

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

133

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

133
134
138
142
145
148
154
156
159
168
172
173

127
130

III.
15.

16.

: ,
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

181

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
, . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

181
182
183

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

189

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

() . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

189
189
192
193
194
195

IV.
17.

18.

19.

, . . .

199

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
() . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
, , . . .

199
199
202
202
206
210

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

214

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(CS-DRMS) .
(DMFAS)

214
214
216

. . . . . . . . . . . . . .

224

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

224
224
225
226
227
227
228

I. . . . . . . . .
 1.

. . . . . . . . . . . . .
2. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
II. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
IV.

() . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
V.

() . . . . . . . . . . . . . . . . . . . . . . . .

233
233
254
259
265
291
309

2.1. : 12
2.2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
4.1. . . . . . . . . . . . . . 34
7.1. . . . . . . . . . . . . . . . . . . 53
8.1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78
8.2.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80
13.1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128
14.1. ()

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 133
17.1. , ,
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 211

vi

2.1. :

1 () . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2.2. :

2 ( ) . . . . . . . . . . . . . . . . . . . . . . . . .
2.3. :

3 ( ) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.1. : . . . . . . . . . . . . . . . . . . . .
3.2. : . . . . . . . . . . . . . . .
3.3. : . . .
3.4. : . . . . . . . . . . . . . . . . . . . . .
3.5. : . . . . . . . . . . . . . . . . . . . . . .
4.1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4.2. ,
. . . . . . . . . . . . . . . . . . . . . . . . .
4.3. . . . . . . . . . .
4.4. . . . . . .
4.5. ,
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5.1. :
,
,

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5.2. :
,

. . . . .
7.1.  :

. . . . . . . . . . . . . . . . . . .
7.2. :

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.3. . . . . . . . . . . .
7.4. :
,

, . . . . . . . .
7.5. :

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.6.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.7.

. . . . . . . . . . .
7.8. . . . . . . . . . . . . . . .
7.9. : . . . . . . . . . .
7.10. : . .
7.11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.12. :

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.13. .

. . . . . . . . . . .

20
21
22
28
29
30
31
33
35
37
38
38
39

41

42
52
52
54

58
59
60
63
64
65
66
67
70
72

vii

7.14. :

, ,

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.15. : ,
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8.1. .
8.2. . . . . . .
9.1. . . . . . . . . . . . . . .
9.2. . . . . . . . . . . . .
11.1. , . . . . . . .
11.2.
() . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11.3.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13.1. :
.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14.1. ,
, ,
1999 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14.2. ,
,
, 1999 . . . . . . . . . . . . . .
14.3. ,
,

1999 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14.4. . . . . . . . . . . . . . .
14.5. . . . . . . . . . . .
14.6. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14.7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14.8.
30 2000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15.1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17.1. . . . . . . . . . . . . . . . . . . . . . .
17.2. . . . . . . . . . . . . . . . . . . . . .
17.3. , ,
(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18.1.
(CS-DRMS) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A2.1. : . . . . . . . . . . . . .
A4.1. 1993 . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A4.2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A4.3. . . . . . . . . . . . . . . . . . . . . . . .
A4.4. . . . . . . . . . . . .
A4.5. 1993
. V: ; V.III:
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A4.6. 1993
. V: ; V.IV:
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A5.1., . . . . . . . . . . . . . .

viii

73
73
76
82
88
92
104
108
109

126

145

146

147
149
151
153
171
175
184
200
201
212
215
264
292
292
298
300

303

306
314

10.1., ,

. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11.1. .
14.1.. ,

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14.2. . .

. . . . . . . . . . . . . . . . . . .
19.1. ()

. . . . . . . . . . . . . . . . . . .
A4.1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A4.2. . . . . . . . . . . . . . . . . . . . . . . . . . .
A4.3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A4.4. 1993 . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A5.1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A5.2., . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

101
111
155
162
229
293
294
296
302
311
313

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 316
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 319

ix

, . ( ), , ,
. ,
1999 , , , .
1990- .

.
, .

, : , (External Debt: Definition, Statistical Coverage and Methodology), 1988 . 1990- ,
,
. ,
, 1993 , 1993 .
.

,


,

,


,

,


()

,
-

xi


, , , , . 1990- . ,

. , ,
, . , . .
() : 1) , ; 2) ; 3) . , .


, External Debt: Definition, Statistical
Coverage and Methodology ( : , )
(Grey book), 1988 (),
, ()
(). .

1993 ( 1993 ) (5),
, , ,
, , (), .
, 1993 5,
, .
,
, . ,
. , , , . ,
,
,
, , . ,
,
, , , .
, 1990- , , .
xiii

, , .
,
( ), , , , , .
(
) .
, , . , , , .
. ,
, , , . ,
. , , . ,

, , .


, () . ,
1992 , ,
. 1998
, , ,
.
, , ,
(), (), , , ,
.
( ).
.












xiv

- ()
-
-
-
-
-
- -
-
-
-
-
-
- -

-
-
- -
-
- -
-

. - (
II ) ,
, , . - (
I) -
( II ).
, , - (); - , - , -
, - -, - , - , -
, - - , - (
); (); - , - , -
, - , - - (); -
(), - , - - ( ); -
(). - - (
II )
, . - - ( )
, - ( ) .
, -. , 2001 , ,
. , ( )
. 14.










 . ,

xv








-


-95












(ISIN)














5







()
( )

()
1995


- ()
()






()



()


,

,







(),

xvii


1993 .



-


xviii

()
: , ( , , . , 1988 ).

1993
( )
()




1.

1.1. .
() ,

.
.
,
. , ,
, .


1.2. : , (
). 1988 , (),
,
() () ,
:

( )

,
.

1.3. ()
.


( , ).

(
)
,
,
, ,
.
1.4.

, , ,

(), ,
.
, ,
. , Global Development
Finance ( )
External Debt Statistics
( ) .
1.5. ,
.
,
,
.

.
,
.
.

,

1.6. , , -

.
1990- ,
,
. ,
,
,
.
1.7. ,
1993 ( 1993 ) (5).
c ( , () ).

, 1993 ( , ,
), .
1.8.
, . ,  1993 , (), ,
. , ,
, , . ,
- .
5 1993 .
, , , ( ),
( ()). 5

, 1993 .

- , , /
. , ,
, ,
, . ,
, ,
.
1.9. ,
. , 4 , 2 3,
. 5 ,
, ,

/ .
1.10.

, .
. ,
(
) ,
, ,
.

,
. , , ,
,
, .
 ()
,
( ).
17, 3.


1.11. :
(I)  2 9;
(II) C :
10 14;
(III)  15 17;
(IV) 
17 19.
.


1.12. I :
 2 , .
3 .
 4 .
; ,
. 5

.
 6
, . 7 (,
).
 8 ,

. 9
.

:
1.13. 10
, 11, 12 13
-

,
, . 14
.


1.14. 15 16
.
,
, . 15
. 16
.


1.15. 17
, , ,
;
. 18 ,
. 19 ,
,
.

1.16. I
. II .
III . IV
, V ( ).

2. :

2.1.
,
1993 5.
- ,
,
/ ,
, , .
. -
,
- .
2.2. , , , ,
, .
,
.
, .
, , 1993 5.


2.3.
:

, () / .

2.4. , ,
. .
, (
, ), /
() (), . 
, .
.

, , ; , ,
,
.


2.5.

, ,
, . ( )
,
. , ,
 , , , ,
.
 , ( )
. , .
 (
), ,
( ), , .

.
, , .
2.6. ,
;
(
)

, .
2.7. ,
,
, . , ,
, ,
.
, , ,
,
. ,
.

,
.
2.8. ,
/
. , ,
,
. , ,
. ,
; ,
,
;
, ( )
( ). -
, . ,

, , , -
, .


2.9.
, . ,
(
, ),
.
; 5
1993 . , .


2.10. . ,
.

, , . ,
,
.

,
9.

,
1993
2.11.
, 1993 ,
, , .
,
.
, ,
, ,
:
, 
, ,
, (
).

. ,
3.
, , ,
.
() 1993 , ,
,
.


2.12. , ,
, , . ,
.


2.13.
.
. , .
, 5 1993 , ,
( , ,
..), ,
, ,
.
2.14.
.
, , , .
, ,
.
, -
- , . () .

5, IV.

,
, - ,
,
,
, .
2.15. , , - ( ,
)
, ( ,
, )
.
, .
.
.
2.16. , , . , ,
,
,
.
, , -,
- , ,
(
).
2.17. , ,
, , ,
, ,
, .
, , ,
 3 , .

,
( ), ,
, / , .
, ,
, ,
.

, .
2.18.
, - ().
, ( ,
),
. ,
, .
,
, , , , ( )
. , , ,
,
. ,
, ( )

-.
2.19. ( )
-

.
2.20. , () ,

. , , - ()
, .
- , ,

10

. ,
-
, .
, , , ,
.
2.21. , -.
-.
.
, , , ,
.
-
.


2.22. ,
, . , .
, , , .
2.23. ,
, ,
( ) , ,
.
, .
,
. ,

, , , .
.

5, VI.
, - .


2.24. , , -
,
(, , ), , , .
, , , . , ,
,
2.25.
,
. ,
(. 2.1).
, ,
: 1)
; 2) , ( ,
), ,
,

, ; 3)

,
.

,

2.26. , .
-
. . -, ,
, ,
-

. -,


,
.
2.27. , ,
, ,
.
, , . , ,
, ,
. , 1993 5.

, , ,
,
, , (
4, 4.8. 4.9.).
2.28. (
), , , , ,
, ,
( ). ,
,
,
.
;
.
, , .


2.29. ,
, , , (
, ).
-

11

2.1. : 1



.
,

,
. ,
, ,
. ,
,
.



,
. ,
,
.


: ,
.

.

, ,

. ,
,
( ). ,
,
.

, , . ,

,

.

,
,
.
.
,

. ,
,
,
,
2.
,
1 Efford (1996),

, (2001 ).

12

,

. ,
, ,
,

(,
).

, , ,
.
, .
,

,
.

,
, 3.

,
, , .

,
.

, ,
.
4.

,
,
,
.

.

,
,
. ,

,
(
,
).
,
,
() (

2
, (1986 ). . . 289.
3 1993
,
.
4
, .
.

2.1 ()
).
.

;
.
, ,
,
,
,
, ,
.
,
;
, ,
,
, , ,

,
.




,
.
,
,
(,
; ,
). ,

.

, ,
.
,
,
, ( ,
, ,
). , ,
, ,

(
).

, , . ,
/

, , , ;
.
-



,
,
,
,
.
,
, : 1) (

, );
2) (

); 3) , ( )

5.
,

, ,
6.
,

, 1993 5.
.

,
.
(, 2001) -
(, 2000 )
.

,

,
.
5 ,



. ,
, ,
,
,
(, ,
).
6
.

, , , , .

,
. , ,
.

13

2.30.
, () ,

.
,
, .
,

,

.

10
2.31.
,
. , .

,
15.

, ,
, ,
11.
1993 5.
2.32.
, (, ), (
, )
. ,

()12 ; 10.

5, V.
(. V) . ,
.
12
.

.
11

14

.
,
() 13,
, .

.
2.33. , ,
.

, ,
. ,

,
.
2.34.
, .

,
- , .

.
,
,
. , ,
. ,
0,909 ( 1/(1 + 0,1)), 0,826
( 1/(1 + 0,1)2) . . 2.1.
13 ,
, ,
, .

, ,

.


2.35. 5, , , (
) , ,
,
14. ,
, , , ,
.

, , - - .
2.36. ,
, ,
,
, , . 15
, ,
, , .
2.37. , ,
, . .
, ,
(
)
14 ,


. , , , ,
,
, .
.
15
. ,
, .

. ,
(, , ). ,
,


.
2.38. , ,
, , ,
,
. , ,
, ,
,
,

.
2.39.

, .

,
, 16.

,
. ( )

, , , .
2.40.
16 , , ,
.
, .

15

, ,
.
2.41. ,
,

.


2.42. , , ( )
, , 17. ,
; , ,
.
2.43. , ,
,
. 2.2.
, ,
.
.
2.44.
(
),
.


2.45. , ,
,
,
17 , (. 4.5 4).

16

, .
.
2.46.

( )
,
. ( ) , ,
. . ,

, .
,
, , , .
( )
( ) ,
.
(, ), ,
, , , .
2.47.
, ,
. ,
, , , ,
.

,
,
, .

2.48.
, ,
. ,
, , , ,
.

,
,
, .

2.2.

,
, :

;

.

, , , .
, .


. :
n

2.49. , , ,
.
, ,
, .

( ), . ,
,
.


2.50. , ,
.
.
2.51. ,
. ,

( )

t
=
t=1

(1 + i)t

( )t
(t), n ,
, i ,
t.

,
,
( ) .
, ,

. ,


.

,
/ .


,
.


(, , , ,
..).


- , . ,
, , ,
, .

17

2.52. , ( ), ,
, ()
.
. 18 , ( ) .


2.53. ,

.
. , , ,
. ,
, , .

.

2.54.
,
.

, .
2.55. , ,
(
)
( ), . ,
, , 18 ,
.

18

,
19. , ,
.
2.56. , .
 , .

.
 , ,
.

.



2.57. , (. Lalibert and Tremblay, 1996),
.
.
2.58. ,
. , ,
,
, , . ,
,
.

1.
:

2.59.

100 19
,
,

.

10 . ,
10 . , 2.1,
10 10/(1 + 0,1), 9,09; 10 , , 10/(1 + 0,1)2, 8,26, .

,
, 100/(1+0,1)5,
62,09.
; , 100.
2.60.
10 , . 100 ,
,
5 ( ), 4,88 , (
). .
2.61. , .
.
10 . ,

104,88 ,

. ,
, ,
(. ),
,

.
2.62. , , (, ,
, ),
. , ,
10 ,

104,88 (
105 ).
2.63.
; , ,
.
, .

2.
:

2.64. , .
, 20. ,
. 2.2 , ,
10- ,
8 . 10- , ,

. , ,
, 10
92,40 .
2.65. ? : 10 ,
8 ,
( ).

,
, .
20 , , ,
,
, ,
. , (, )
. ( ), , .

19

2.1. : 1 ()

2001

9,09

8,26

7,52

6,83
6,21
_______
37,91
+62,09
_______
=100,00

2002

2003

2004

2005

(9,54)*
10/(1+0,1)
(8,66)
10/(1+0,1)2
(7,89)
10/(1+0,1)3
(7,16)
10/(1+0,1)4
(6,51)
________
_________
_________
__________
__________
(39,76)
10/(1+0,1)
10/(1+0,1)2
10/(1+0,1)3
10/(1+0,1)4
(65,12)
________
(104,88)

2006

10/(1+0,1)5
___________
10/(1+0,1)5
100/(1+0,1)5

*(9,54) = .

, .
, 96,91 .

3.
:
.
2.66. . , ,

. 62,09
100 ;
10 .
2.3,
; ,
10
68,30 , 10
75,13 , 100
21.


2.67.
, ,
, 5 . 21
(1996 ), 400 401, . 114.

20

( ) ,
.

.
2.68.
,
,

.
,

.
,
; . ,

,
.
2.69. ,
. ,

.

.

2.2. : 2
( )


2001







7,27
6,61
6,01
5,46
4,97
______
30,31
+62,09
______
=92,40

2002

2003

2004

2005

(7,62)*
8/(1+0,1)
(6,93)
8/(1+0,1)2
(6,30)
8/(1+0,1)3
(5,73)
8/(1+0,1)4
(5,21)
______
________
________
_________
_________
(31,79)
8/(1+0,1)
8/(1+0,1)2
8/(1+0,1)3
8/(1+0,1)4
(65,12)
______
(96,91)

2006

8/(1+0,1)5
___________
8/(1+0,1)5
100/(1+0,1)5

*(7,62) = .

22


2.70. ( ) , .

( ), . , , ,
, .

2.71.
() ,
, .


. ,
, , ,
.
2.72. , ,
,
. , , ,
. 22 ESA 95 Manual on
Government Deficit and Debt ( 1995 ),
Eurostat (2000).


, (
).
. , ,
,
, , (
).

2.73. ,
, , .
,
2.74. , .
, ,
, . ,
, 2.28.
2.75. 23
. ,

(. 3 ), 23 , .

21

2.3. : 3
( )


2001

100/(1 + 0,1)
= 62,09

2002

2003

2004

2005

2006

62,09 (1 + 0,1)
= 68,30

62,09 (1 + 0,1)2
= 75,13

62,09 (1 + 0,1)3
= 82,64

62,09 (1 + 0,1)4
= 90,90

62,09 (1 + 0,1)5
= 100

.
.
2.76. ,
,
( ).
( , ) ,
,
.

.
, : ( ) . ,
, .

.
, ,

24.
()
2.77. , ,
.
24 ,
.

22

:
.
, .
2.78. . -, ,
,
, .
2.79. ,
, , , ,
.
. ,
, (
) , ( ), ,
. ,
,
, , .
2.80. ,
.

.

2.81. , ( , ), .
, , ,
,
(
). .
,
,
. ,
,

,
. - ,
, ,
,
.

2.84. , .
, , .
, . . ,
, , , .

, .



2.82. ,
,
, ,

. ,
.
2.83. ,
/ ,

.
(,
), ,
, , ,
. , .

2.85.
, , ()
. ,
,
12 , ,
,
6 ( 5,80 ), 106 (105,80) .

.
2.86. , ,

(. 2.37) . ,
, , .
.
.
2.87.

.
.
, -

23


, - . ,
.


2.88.
,
. ,
, , .
, / (, ),

.


2.89. ,

24

. ,
. , , .
, , , ,
, .
.


2.90. ,
, ( )
,
,
.
()
.

3.

3.1. , 1993 5, , , .
, .

, , . , ,
, 1993 ,
- ( ) . ,
- ,
- ,
.
, ,
, 5.
3.2.
: , - , .
, : , ,
, . 5
.
3.3.
: , ,
, .

;
, . 5, .
, I ,
,
.


3.4.

1993 , ,
( 5)
.
3.5. - ,
( ,
- ..),
, , .
:
; , ; .
3.6. , , ,
1993 . ,
, ,
 IV 1993 .

25

. : 1)

2) . ,
.
: ) ,
(, ); ) ,
; )
, .

,
( ): , , .

/
, ,
.
3.7.
( ) 1993 .
-,
 1993 : -
(S.1221) (S.1222).
- (2000 ) ,
, . () , (
) , 1993 .
, ( ).
, 1993
5, , -
.

26

, ,
, , ( ),
. , ,
, , - , , .
- ,
, .
3.8.
,
,
, .
3.9.
,
. -
1993 . , ,
, ,
, .
, .
(, ,
).
. -, ,
, . ,
, , / .
-, ,
,
,

3 

Identification
3
of Institutional

Sectors

andFinancial
Instruments

,
.
3.10.
-,
.
1993 . -;
-,
,

;
-,
.
3.11.
, ( )
, -, ,
, , , , , ..
3.12.
(. )
. ,
, , .
3.16.


3.13.
, . 5, :
, , ,
. .
3.14. (. 3.1) - ( ) - (

), 5
10
( ) ( ).
,

() , ( :
. 3.18). ,
- -,
, .
3.15.
,
(,
), , .

:

.
3.16. ( ,
,
, , ) .
3.17. ,
,
,
, .
, 100 , ,
.
, .
 XVIII 5
, OECD Benchmark Definition of Foreign Direct
Investment, Third Edition (
, ) (OECD, 1996).

27

External Debt
Statistics Guide

3.1. :


,





1

1
1 .

,


,
.
,
,
.

.

, ,
.
3.18.
( (),
),
, ( ,
), : , .

( ,
..) . ,

, -

28

, , 1993 :
1) (
); 2) , ; 3) .
3.19. (. 3.2) ( ,
). (
) , .
, , ( ,
). , ,
, .
3.20. , , ,
, , .
( ). ,
 , / - () ,
, , . , , (. 3.34.).

3 

Identification
3
of Institutional

Sectors

andFinancial
Instruments

3.2. :

,
,



-

.

1


-


.




1
-





1
.

,

. , , , ,
, ,
() (,
); I.
3.21. , , .
, , .
; , .
,
, .

,
.
3.22. , ,
, , ,

( , ,
).

(.
, , 6).
3.23. , , ,
.
, ,
. , , , , , .

,
.
3.24.  (. 3.3) , , ,

. 2 (.
2.11),
,
.
3.25. ( )

( ), , , ,
(), , ,
 .
(1993 ) , , 2000 .

29

External Debt
Statistics Guide

.
, ,
(. 7.7. 7).

( ) ( ) ( )
( ) ( ) .

, ,
, , .
( ), , ,
, .
3.26. (. 3.4) , , ,

. (
, , ) ,
.
3.27. ,
, ,
(
). . ,
,
, , ,
, , (. ). (. , , 6.)
3.28. ,

() () ,
,
.
-

30

3.3. :


(, )
(, ), .
.
3.29.
,
.
, .
-
.
, .
3.30. .
3.31. ,

, ,

,
.
,
-

3 

Identification
3
of Institutional

Sectors

andFinancial
Instruments

3.4. :

1
-


1
-

1
-

1
.

.
, ,

.
(),
() ().
,
.
, .
, , ,
. , , (
).
3.32.
, , .
, , ,

,
, (. II). , ,
, , .
3.33. ,

.
.
,
() (). ,
, . ,

, .
( ,
)
(
).

31

External Debt
Statistics Guide

3.34. , .

, ; .
: 1)
- ; 2) , -, /
. , , , ; ,
,
, , ( )
- ,
, ..
,
(
),
.
3.35. / , ,
, . ,
,
, -, (.
), , , , , ,
. -
/ .

32

, ,
, , .
, , , .

.
3.37. , .
- -
,
,
. . ,
(
),
. , ,
, .
, , .

, .

3.36.
,
.
,
. , -

3.38. (. 3.5) , -
,
-


, ,
, .

 ( ) , .

3 

Identification
3
of Institutional

Sectors

andFinancial
Instruments

3.5. :

/ . .



()

 XXI 5, .
: (Kester, 2001).

33

4.

4.1. . , ,
,
,

(. 4.1).
4.2.
, . ,
-

4.1.
19941995
( -
)
-
.
,
(),
29 1996 . ,
(), 19 1997 1.
-
, ,

.
, , ,
.
. ,
-
.


(
, - ,
). ,
( ,
) ,
1 2000
,
. ,

,
,
.

34

5.



.

, - ,
.

,
.
,
,


.

.


,
,
.

,
. ,


.

,

.

44 Presentation

of theGross

External
Debt

Position

, ,
,
.


4.3. 4.1.

.
, : , - ,
. ,
( , ).
,
,
. , ,
, , ,
.

,

.
, ,
(.), .

.
3.
 7

( 7.13).
 ,
.

4.1.




1
-



2
1



2
1



2
1



2
1



2

1



2

1

35

External Debt
Statistics Guide

4.1 ()

()
2
1



2
1




1
,
()




1
:


1
.
2
,
,
.

4.4. ( )

.
,
,
, ,
.
, , .
4.5. . :
; ; ,
;
. , /
, , , .
4.6.
, , , .


4.7. .
,

,
, ,
, , , ,
,
,
.

,


4.8. (. 4.2) -

36

44 Presentation

of theGross

External
Debt

Position

4.2.
,

, ,

. ,
,
2.
,
. , ,

,
.

.
4.9. , ,
, , ,
, , ,


(
),
, ,
. ( ,
)
.


4.10. (. 4.3).
, , .

,
.
, 7,
.
4.11. ,

(
) . ,

,
,
.

,

, .
,
.
, ,
.

37

External Debt
Statistics Guide

4.3.




,
()

4.4.

, :


1

-




,
()


1 ,

.

,

4.12. 4.4
,
, ,
.
, , , , , .
, / ,
.
4.13. - - .
,
. 3, -

38


, .

. ,
,
,
.


,
4.14.
.
,
, . , ,
, , ,
4.5,
,
. , ,
,
, .
, , -

44 Presentation

of theGross

External
Debt

Position

,
, .
4.15.
,
,
, ,
, , ,
,
.
. ,
, , ,

,
, . II

4.5.
,
1

,

(+)
,

()
1
, ,


( ) ,
. ,
,
, .
(),

.

,

.

39

5.

,

5.1. , ,
,

. , , 2 3, , -
, , ,
.

.
5.2. , ,
. ,
, .
, , , ,
-
.
5.3. , ( ,
) ,

40

(
) .
5.4.
,
. ,
, , ,
.

5.5.
, -
. , 3,
, - ,
.

,
,
.
(
, , ,
 Debtor
Reporting System Manual (
) (World Bank, 2000) -
http://www.worldbank.org/data/working/DRS/drs_manual.doc.

5 Public and5Publicly

Guaranteed

ExternalDebt

). ,
,
, . ,

, .
, - ( ), ,

.
5.6. ,
, , -
, . - . ,
, ,
. , , ,
,

,
.




,


5.7.  1993 (2001 ).
() 1995
(Eurostat, 1996) 1995 (Eurostat, 2000), .
 ,
, .

5.1.
:

,
,



1

2



1

2
:



1

2



1

2
:


1
,
,
.
2
.

41

External Debt
Statistics Guide

5.2.
:

,



1

2



1

2
:



1

2



1

2
:

1
,
,
.
2
.

42

5.1.

.
, , .
,
:
, , .


.

, ,
,
(. ).
 ,
3.
,
.
5.8. 5.1
, , , ,
,
, .
4.
5.9. 5.2


.


 ,
.

( , 5.1) .
5.10. , , 5.5 5.6 , ,
- ,

,
.
, ,
, ,
.

43

6.

6.1. , ,
, / .

. ,
.
, , . ,
, ,

, .
6.2. :
, ;
 ;
 .


6.3.
-,
. , 3 ( , - , ) 5 (
), , .
() .
6.4.
--

44

, .

, .
/ ,

.

.
6.5. ,
, .
, ,
, , (,
).
.
. ,
,

,
(. 8.2 8).


6.6. (/ ),
, .
( ) , ,
, . , .

6.7.
( )
(
). ,
( ) ( , ),
. , ,
( ), , .
6.8. ,
.

. ( ), , ;
, ,
(
), . , ,

(.).

 , ,
, , ,
, , ,
, ,
, , .
 ,
,
, ( )
.
, , , ,
, , .

,
6.9.
3
, , (
),
1993 5.
, ,
, ,
. , , (. ), ,
, , ,
.
, .
6.10. - , ,
. ,
. , ,

, , ,
, .
6.11. , , ( )
,

;
, .
(, , , ),
. .

45




6.12. , -
, .
, , - (, ) ,
, , .
6.13.
(). , , ; ,
,
(
). ,
,
. ,

. , ,

( ), ,
(
).
6.14.
( , ,
..) , .
. ,
,
, .  , , .
, .

46

.
-
,
,

(,

, ) .

6.15.
, , , (
),
,
. .
, ,
, , , ,
, (),
, .
6.16.
, , , . , , .
,
, , .
,
,  , , , 1991 .

: 30 , 30 , 30 10
( ).

,
,
.
, . , ,
,
.
6.17. 5, ,
( ) .
, , , , ,
,
, .


6.18.

.
,
. , ,
, ,
. , ,
, ,
.
6.19.
, . ,
,
.
,
,
. ,
,

. , ,
, . , , .
- ,
,
, , ,
, .
6.20. , , , ,
.
, .

, .
,
,


.


6.21. , ,
.
. , ,

,
.
 ( ) (
).
 ()
, , /

( ); , ,

47

, /
, (
).

( ),
6.12 (. ),
( ).


6.22. ,
- .
() .
( ,
) : 1) - 25
10 , , ,
, , 25 10 ; 2)
( , )
, , .
, ,
.



6.23. ,
, , ,
.
, ,
.  1960 .
2001 22
.

48


.
6.24. ,

.
. , 2 ( 2.5),
,
,
.

,

6.25.
, ,
.

(
),
, ,
. ,
, , ,
( ).
6.26.
,
, ,
,

. , , , ,
,
. , . , ,
,
, , , , , ,
, , ,
, , .

( ).

, ,
, , , (
) .




6.27. , , ,
,
,
(
) ( , ).

6.28. ,
, . ,
, ,
,
.
6.29. ,
, ,
,
. ,  ,
, ,
( ), , .
.
I.
 , ,
, ,
.

, ,
, ,
,
.


,

6.30. , , ,

, .
, , ,
,
, , .
, , . ,


, (. 2, 2.37).

,


6.31. -
,
.
,
.

,
,
( - ,
)

 , ,
, , , .
,
, , ; ,
.

49

,
, ,
.

( )10.

6.34. / (); .
, .

6.32. , ,
.
, , ,

( / ).
, ,
,
. ,
, , ,
.



6.33.
, . , ( ).
, . ,
,
,
. , ,
( ),
.

( ), , (
). ,

( )

50

6.35.
.
, . 11,

, .

6.36.
. ,
. ,

( ) , , ( )
.
10 ()
, . ,
, .
, , .
11
. , .

7.

7.1. ,
,
. , ,
, . ,
:

( 7.1 7.2);
 (7.3 7.4);
 ( 7.57.7);
 ( 7.87.9);
 (7.10);
 ( 7.11);
 ( 7.12);
 ( 7.13
7.14);
 ,
( 7.15).
7.2.
, , ,
- . ,

. , , , ,
,
, .
7.3 ( ()) 7.4

( ()),

, 7.5 ().
7.3.
,

, ,
. , ,

, .
, .
7.4. , , , ,
.
,

, 5.
( 7.3),
( 7.4).



7.5.

,
( 7.1),
 4.1 4
.

51

7.1.
:





1

2

,



1

2

,





1


1
, ,
.
2 .

( 7.2). , , (.
7.1).
: ,
.
7.6.

. ,
, ,
, ,
,


( ).

52

7.2.
:

-




2
1

,




2
1





2
1

,




2
1

7.1.

7.2 ()






2

1

,




2
T
1

:


3




(
)
1
.
2
,
,
.
3

.

7.7.

, , .


,
,

.
, ,
.


( )
,

/ .
( ).



( ,
) . ,
, ,
,

.
, ,
,
. ,
.


.

,
.

, ,
,
(, , -
).
, , , ,

.



,
,
-.
(
.)
,
,
, .
,
-, ,
, / -
. ,
/
, .

53

7.3.


_____________________________________________________________________________






()
()

_________________________________________________
_______________


1 03
46
79
1012
1318
1924


54

7.3 ()


____________________________________________________________________________






()
()

_________________________________________________
_______________


1 03
46
79
1012
1318
1924
()


,
()

55

7.3 ()


_____________________________________________________________________






()
()

__________________________________________
_______________


1 03
46
79
1012
1318
1924

1 .
2 .
3 , ,
.



7.8. ,
, ,
.
7.9. 7.3
. ,
.
 ,
, ,
, , , , ,
, .
-

56

,
.
: , ,
, , .
7.10.
,
. .

.
- .

,
, .

7.11. .
, (.
),
(). 03
( ,
); 46
,
; 79 , ;
1012 ,
; 1318 ,

; 1924 ,
.
7.12.
, , , , , (,
). , ,
, .


, -
.
7.13. , ( ) , ,
, , 7.3 7.4
, ,
.
7.14.
,

.
7.15. , -

,
( ) . , , ,
. , ,
.
,
,
.
7.16. ,
,
, ,
. 7.4 ,
, 7.3.



7.17. ,

. , - ,
( ,
, ),

,
, / .
, ,
, - .
7.18. , ,
.

57

7.4. :
, ,


______________________________________________________________________________________






()
()

_______________________________________________________
_______________

03

46

79

1012

1318

1924

. ,


:



3
. ,

1 .
2 .
3 , ,
.

58

7.5. :

7.5
; 7.6

, 7.7
.




7.19. 7.5
. , ,
, ,
. , , ,
-
,
.
7.20. ,
, - (, )
, .
,
, .
, /
 , , .

,
, .
7.21. 7.5 ,
. ,
. ,
,
, , ,
(, ).


7.22. 7.6 ,
.

,
, : , .
. ,
, 7.5.
7.23.
, , .
,
,

.
,
, , , - - ,
, .
7.24. ,
,
,
.

59

7.6.


________________________________________________________________




-
1

,
()

:





:
2


60

7.6 ()


____________________________________________________




1 , ,
.
2 , , ,
, ,
- .

7.25. 7.6 (,
, )
,
, , .

.
, .
,  , (, ) ,
, , .

( )
, , .
,
, :
,
,
.
7.26.
,
;

,

61

.
7.27. ; , ,
( ),
. ,
;
/
.
7.28.
( ) . ,
,
,
( ).
7.29. , , ,
. ,
.
- ,
(, ), ,
. , .



7.30. 7.7

 ,
() ,
35 .

62

, .

,
, . ,

,


, , , .
.
7.31. , , -
, , -

.
.
7.32. ( ) ;
, , ( 7.3). ,
,
, . ,
.

1999
. , , .
. : (, 2001 ).
 . , 7.23,
(, ,
- , , - ).

7.7.



_______________________________________________________________________________________






()
()

______________________________________________________
________________

03

46

79

1012

1318

1924


/




/




/



,



1 .
2 .

63

7.8.


_____________________________________________________________________

.

___________________________
___________________________







-
1

, ()

:



( )
(, )
: ,
2


-

1 , ,
.
2 , .

64


() ,
, ,
.

7.9.
:

7.33. ,

,
. ,

, .
, , ,
. 7.6 ,
.
7.34. 7.7 ( ) , ,
( , (.
7.11)) . ,
,

; , ,
. (
),
 6, 6.27, /
() ,
,
. ,
, 4 ( 4.3)
, , (. 7.11).




,
()
:

( ), ( , ). ,
,
,
7.6.
,
,
, . , , , .



7.35. , ,
,


. , , ,
. 7.8

, , .

. , ,
(. ).

65

7.10. :




______________________________________________________________________

______________________________________________________________________
.
. -

1 1,2
. .1

-
3

,
()

,
: 

:

( )



1 , , - ,
; -
.
2 .
3 , ,
.

7.36. ( )
,
.
.
, ,
, ,

66

() , ,

, , .
7.37. .
. , -


, , ,
. ,
,
,

.


7.38. .
,
. , .
, , ,
.
( ) .
7.39.
, 7.9 .


7.40. 7.10 -: ,
( ), - 10, .
,
. ,
 5
.
10 - , , , .

7.11.






_________________________________

(1)
(2)
(3) = (1) (2)



1

2



1

2
-



1
2



1
2



1
2



1
2



1

2



1

2

67

7.11 ()






______________________________

(1)
(2)
(3) = (1) (2)
()



1
2



1
2



1

2



1

2
,
()



1

2



1

2

(3)

68

-
,
.
7.41.
.
.
,
: , - .

.
7.42. 7.10 . ,

.

, , , , . ,

.
7.43. ,
:
. ,
,
,
. ,
, , ,
.


7.44.

, , .
,

. ,
.
7.11
,
.
7.45. , ( 4.1),
, .

(
, )
. ,
( ) .
7.46.
, , , ,
.
.
7.47. ,

,
. . , ,
,
.



7.48.
( ) . ,

7.11 ()


(4)

(5)

(6)
(6) = (3) + (4) (5)
1
, ,
.
2 e
.

69

7.12. :

, :


__________________________________________________













1
-



2
1



2
1



2
1



2
1



2

1



2

1

70

7.12 ()

, :


__________________________________________________









()



2
1



2
1




1
,
()




1
:



1 .
2 , ,
.

71

7.13. .





( )
-


( )



( )



( )



( )



( )
,
()


( )



( )

.
, , ,
, / .
7.49. 7.12 .
, , .
, ,

72

5,
( 5
).
11
. .

, 11
,
, ,
, , .

7.14.
:
, ,

.
,
, , , . ,
,
-


(, ) :

,
.




7.50. .
, .
, , ,
, , .
7.51.

-

7.15. : ,


__________________________________________________________________________________


__________________________________________________________________________________

,


.




1

1 -
, ( ).

73

.
7.13 ,

. , , , .
,
,
.


7.52. ,
, . , ,
(
), ( , , ,
). , , ,
,

: , , , ,
. ,
, ,
, .
7.53. 7.14. ,

, .
,

.
,

, ,
. ,

74

.
7.54.
7.14
, ,
.
( ,
) ,
.
, .

7.55.
.
, , ,
. . 7.15
, , , -, ( ) , -,
.

, .
7.56. , . , , ,
, , , , ,
,
, .
.

8.

8.1.

.
,
, .
. ,
,
.
( ) .
8.2.
,
()
()
.
5 (, 1993),
Handbook For Reporting
Debt Reorganization on the DAC Questionnaire (OECD,
1999) (
) Debtor Reporting System
Manual (World Bank, 2000) ( ).

8.3. ( , ) ,
. , , .

17.

, .


, , , ,
,
,
.
, .
- (, ..).
8.4. ,
/ ,
. , : 1)

/ 2) ,
(

, ..
). ,
,
, , ,

.
8.5. ,
, -

75

External Debt
Statistics Guide

8.1.


:


1



: 

1


: 

1

:


,




,




,


1 .


.
,
8.1.
, ,
,
,

. ,
,
:
-

76

,
,
,
.
8.6. , ,
( )
, ,
, -
( ). ,
, ,
.


8.7. .
 , ,
, .
. .
,
,
, .


.
, , 5
, , / .
 , ,
.
, , , -

 ,
. ,
, ,
.


,

. (..
,


8.8.
).
, , 8.18.
,

,

,

.
,
8.9.

,

,
,


:
;


,

,
,

,
,


. ,

( ). ,

,

8.10.

.,

).
1)

.
(

),

(,

).
, )

(,

(.

8.51 ).
8.2


.
,

, ,
8.20.


).

,

8.12.

.
,

,
8.19.

,


,
2)

(
8.2),

,

:
).


,
,


(


).

(8.11.

),


8.22. . (.. , ,

) , (), , , , .
, ()
;

,
. 8.23.
, ,

,



. , .

,
 13 .
,

, ,

,

,

. : http://www.oecd.org/statistics/news-releases. 

,

,

,
,

-
,


,
,

,

..

.
.

, 8.21.

,
,
,

,

.
,
. , ,
, , ,
: 1)
,
; 2)

,

,
,
..

( ) /

/ (

); 3)
,

8.13.

()

.

,


, 

.

,

,
,

,



,

,



,
,

.

().

77

External Debt
Statistics Guide

8.1.

( )
1999 ,
1999

.
,
.
-,
,
,
.
, (
)
.
-, . ,
,
,
(
),
(
)
.
,
,
.
,

,
, , ,
, .
,

.

( )
,
, ,
, ,
.
, ,
. ,
, ,
,
,
.

8.14. 2,


. ( -

78

) ( )
.

.
, ,
(
).
8.15. , ,
, ,

.
() , , ,
.

8.16. ,
().
, , ,
, .
( ).
, , ,
(. 8.1) ; ,
(. ).

8.17. , (..
,
, ),
.
, , ,
.

5, 534.

, (..

).
8.18. ,
. ,
, .
, ,
,
,

, .

: , ,
, ,
,

( ). ,
, , ,
( , ).
8.19. , ,
( 8.2), :

,
( ,
).

( ),  13
, , , ,
. : http://www.oecd.org/statistics/news-releases. ,
, ,
, , , ,
,
,
.

(
),
, , , . 8.2
.
8.20. , ,
,
, .
8.21. ,
, . , , : 1)
; 2) , , ..
( ) /
/ ( ); 3) ,
, , () .
8.22.
, .


8.23.
,

. , 
, .
 ,
, ,
,
,
, , , .

79

8.2.

1950- ,
.
- ( ),

.

,
1997 . ,
, .
,
, .


-.
,
,
-.
19 ; -, ,

-,
.
, , ,
-.
,
,
.
, ,
,
, ,
.
, ,
.
- ,
/
- :
. -
,
(
), ,
( , ,
),
( ).
:
 ,
, , ;
 ,
,
, .

( ),
.
( )
,
.
-
. ,
, ,
. -

.

, .
1980- ,
,
.
.

80

(1988 33,33 )
(1991 50 ), (1995
5067 ), (1996
80 ) (1999 90
, ). 8.2 ,
,
.
1996
(),
.

, .
, ,

( ,
,
).
, ,
- , , ,
(, , ..).

, 20
.
.



, .


,
. ,
-,
.
,
1970 : ( ),
-.
( )
,

- .
-
. ,
-. , ,
, .
,
, ,
-,
.
.

;
. ,
(,
,
, ).
(1989 ).

- . :
(- ,
-); ,
( );

(, ).
, ,

.


, (, ) .
,
.
8.24. (, ,
, ), .
, , ,
, ,
,
.
, ,
, .


,
.

8.1.
8.27. , ,
.
, , ,
, .
.

8.28.
,
.
. ,
( , ), .

8.25. , .

,
,
, .
, 8.1.

8.29.
( ) ,
(,
), , .
,

.
, ,
- , - ( ). .

8.26. , , (
),
. ,
, ,
, -


8.30.
. ,
-

81

82


( )

14
25

33

14
25

14
25

203012

8
8
14
14
14
25

12
30

50

12
30

50

12
30

50

16
25

6

5
166
23
23
23
25

16
40

67

16
40

67

10

16
40

67

10

16
40

67

10

20
40

6

3
8
20
23
33
33
33
40

16
40

80

16
40

80

11

16
40

80

11

20
40

6
8
8
20
23
40
40
40

: .
1 1992 ( 15 23
; 18 ).
2 ; ; ; . ,
, .
3 .
4, 67 ; 500 ,
, , 350 , 50 , .
50 , , .
5 .
.
6 1992 .
7 () , . = .
8 3,5 , 7 .
9 , 50 .
10 , 67 ;
.
11 , 80 .
12 . . 8.



()
56
10
()
10
20

561
81
91
151
./ ./
. .

()
()


2

_______________________________________________________________________________________________________________





4


__________________________________
.






__________________________________

5





3



(
_________________
_________________________
______________________
.
1

)








.




____________________
_________________
_________________________
__________________________________
______________________

1990
1988 1991 1991 1994
1995
1996

8.2.

.
.
, -
.

, ,
( ) . ,
( )
, , ,
, ( ), .


8.31.
, . ,
, . ,

, . , , ,
.



8.32. , ,

( ).
; , , , .

( ),
. ,
() ; ( )
,
.
,

, , .
, , , .

8.34.
, ,
, ,

. , ,
,

-.
8.35.
. , , ,
,
, . ,

, , , .

8.36. ,
1) , () ,

8.33.


, .

83

2) .
, ( ), , ,
8.1.

, ,
.
8.37. , ( ) , ( )
,
, (
).

8.38. 8.1
(
)
. , .
8.39. , ,
: 1) ; 2) ; 3)
.
,
. ,
, ,
. , ,
, .
8.40. 8.1 , . ,
, . -

84


,
.
8.41.
, , ,
, , .

, ,

,
.
8.42. ,
(
).
8.43. , , ,
.
8.44. 8.1
. ,
. , , (
,
), , ,
.
, . , ( , , , ,
(. 8.1)
) - , , , ,
, .
, , (.. ,
), ,

,
.

.
.

8.49. , ,
.
, ,

. ,

, (
).


8.45. , ,
.
8.46. ( ) ,
, . ,

, . , ,
:
,
, .
8.47. , , .
,
,
, . ,
, ,
. ,
, . .
8.48.
. ,
, ,
, -



8.50.
( ),
( ) 10.
,

.


8.51.
( ,

). ,

, .
,
-
, .
.
10
451453 5.

85

9.

9.1. 1990- , ,

, ,
. ,
,
.
.
.
9.2. , ,
,
. , ,

. ,
, , ,
. ,
,
.

9.3. , (), ,
.
. ,  , .

86

( ), ,

.


9.4. , 1993
,
(.. , ) ,
. ,
.

(, , )
(, , )
(, ).
.


9.5.
.
. ,
, :
; , ,
, ; ,

( ),
 () 1995 (Eurostat,
1996) .

9
9 Contingent

Liabilities

; -
,
.

/ .

9.6. , / ,
.
-,
.
.

9.7. () ,

- (-) .
/ -.

.
9.8. ,
, (), ()
().
.
,
.

 - . .
Irwin and others (1997).


9.9.
,
- . , .
( )

.
, . 9.1
.
9.10.
, ,
,
. , , , 9.1,
.

.

9.11. , ,
. ,

,
( ) .

 ,
( 1997 ) 500 1999 ,

. ,
. . Blejer and Shumacher (2000).
 ( , 2001).

87

External Debt
Statistics Guide

9.1.

,
,

( )

(
)


(

)

,


(
)


,
( )


( )

(, ,
,
)

,


( ,
, ,
)


(
)






(
)

,
(
)

( , ,
)



..

: Polackova Brixi (1999).


1 , .
, .

9.12.
, .
, ,
. , ,

88

. , , ,
.
1993 ( 11.26):

9
9 Contingent

Liabilities

( )
,
. , .


9.13. ,
, -

.
, .

.
9.14.
,
. ?

. , ,
,
. .
,
,
,
,
.
9.15.
. ,
( ), .

, New Zealand Treasury, Budget Economic and Fiscal Update
(Wellington, ). (
) ,
, , , .
Aggregate Financial Statement (Australia, ).


,
.
.
9.16.
:
.
,
,
, -
,
(.. , ,
). , , ,
, .
9.17.
,
, ,
.
. , :
() ,
.. . ,
, ,
, ..
. , .
,
.


, .
9.18. ,
, , (
,
.
Indias External Debt: A Status Report.

89

External Debt
Statistics Guide

).
.


. , ,
, , .
, .

, . -

.
9.19. , ,
.
,
.
, . , 100,

50 , , 50 .
9.20. .

, ,

. ,
,
.

90

.

(ip)

(ig) ,
(L): (ip ig)L.
.
9.21.
, .
: , , 10.
. , , . ,
F V. V F < 0, F.
F V. V > F, .
.
, , , , .
9.22.
, , ,

11.

. ,
. ,
( ) 12.


9.23. ,
,
 . Towe (1990) Mody and Patro (1996).
10 Robert C. Merton (1977).
11. Irwin and others (1997) Borensztein and Pennacchi
(1990).
12. Sundaresan
(2002).

9
9 Contingent

Liabilities

. ,
.

, , :

.

.



9.24. (.. ,
)
5.


9.25. 9.2 , .. , ,
, .

,
, ,
. ,
- , , .
9.26. 9.2
( 1) - , ( ,
2). 3
.


.
9.27. 2
, .
. ,
-

. ,
()
- (, ,
, , , ),
-. , ,
, 2
4 . 2 :
-
- , ,
- -
.
, , ,
.
9.28.
.
, ( , 4).
,

( ) ()
(, ,
, , ,
), , -.
9.29.

, . 9.2
,
, -
, ,
(, ), ,
, .

91

External Debt
Statistics Guide

9.2.


___________________________________________________________________________


:



(


(+)
)


(1)
(2)
(3)
(4)




1
-



2
1



2
1



2
1



2
1



2

1



2

1

92

9
9 Contingent

Liabilities

9.2 ()


___________________________________________________________________________


:



(


(+)
)


(1)
(2)
(3)
(4)
()



2
1



2
1




1
, ()




1
:


1 .
2 , ,
.

93

II
:

10.

10.1.
. ,
, / .


(


(.UNCTAD, 1993), , .
10.2. ,
,
, , - . ,

, , .
10.3.
.
, , , . ,
,
-, , , ,
, .

, . ,
( ), .
14.



10.4. ,
, , , ..
- .
, , ..
10.5. ,

. - . - , , ,
,
.
,
,

. ,

,

,
/ .

97

7,
,
.
10.6. (
), . ,
,
, ,
.


,
.
- .
10.7.
, ,

.
, .
,

. ,
, .
10.8. , , , . -,

. ,
, ,
, , , ..,
, -

98

. ,
, ,
. , ,
,
, ,
.
, ,
, , ,

.
10.9. , , , , , ,
, ,
. , ,
(, ) ,
() ,
, (. 17).
10.10. ,
,
, .
, ,
, , , .
,
,
() ;
.
, -,

.

10
1

10.11.

. , , , :
, . ,

,
. .

, ,

.


10.12. ,
, - .

, ,
, .
.
.
10.13.
, , , .
, , .
,
,
. ,
.
10.14.
-

- .
,
.
 ,
(,
),
(, ).
 ,
,

(, ).
 ;
.
 , , ,
, ( , ,
),
,
.
,
, , ,
,
(, ).

.
,
.
 .

, .. .
 . ,
, , ,
.

99

10.15.
.
,
.



10.16. , , .
,
, , , ,

. , .., ,
, .
. 10.1
,
.
10.17. 10.1, ,
,

. ,
, ,
.


.
10.18. , - ,

(1998).

100

.
, ,
- , ..
. , , -
, ( ,
) /
, .
10.19.


, . / ,
, ,
. ,
, , .
, ,
.
10.20. , .

,

.
10.21. ,
 ,

, . ,
, .







0ca]gYgp
dc ]bcfgeTbbpa
]bVYfg]k]ta
] XehW]Y TXa]b]fgeT
g]VbpY ]fgclb]_]














r


: (1998).
. , .








10.1. , ,

10
1

101

. ,
( )
. , ,
,
.
10.22. , , (,
,
, ),
. , ,
. , ,
,
.



10.23. ,
, .

102

,
. / .
,
,
. ,
, ,
.
10.24. ,
. ,
.
. ,
,
,

.
10.25. ,
(). 12
.

11.

11.1. ,
,

, . , ,
, ,
, . , ,
, ,
,
.
11.2.
, , .
, ,
,

, .
.
11.3.

. ; ,
, .

,
. -

, ,
,
, .




11.4.
(
, , ..) .
. ,

, .
11.5. , , , ,

, , .

, ,
. , ,
. 11.1
, . .
11.6. ,

103

11.1. ,

I.







-

-





II.


/


III.

IV.

104




,
(
)
,

,
,
(, ..)
, ( , )

,
,

,
,
..

,
,

:
:
: /
/
:
( : //
/ ..)
: 30
(360/365)
, ( )

, ,
: /
: , , ..
(, , ):
, , ,
, , .
: ,

11
1

11.1 ()

V.

(, , , , )

VI.

/ ,

VII.


, ( ), ..
:
- ; ,
- ( , )
- ( ,
)
-
- /

VIII.

( ) ,
,

.
, , , ,
: 1) ,
; 2) , , ,
/ ,
; 3) . ,
.
11.7. ,
, , . ,
,
.
13.

11.8.
,
( )


.

, , , ,
(, , ..), -,
- , .
( ), ,
,
,
,
.
105

11.9.

, () ,
( )
,
. .
, .


11.10.
,

. ( )
. , , ,
. ( ).
11.11. -,

. ,
, ,
. .
-;
, ; .
, - .


11.12.

. , ,
,
, -

106

,
( ), , ,
. (), .
, ,
,
.
,
.
, ,
, , .
11.13. ,
, ,

. ,
(), ,

. , .. , :
,
, .



11.14.
, ,
,
, ,
.
,

11
1


( , , , , , ).
, ( )
.
,
. ,
,

, -.



11.15.
, ,
, ,
. ,
. ,
,
, , , ( ).

.

.


, . ,
(,
), .


11.17.

(), , , , , . 11.2 ,
.

.

11.18. ,
, - .
,

. , ( , ) ,

, .
, ( , ),
.

11.16. ,
, . ,
, ,
, , ,
.

11.19. , , .
 , ,
,
.
 ,

.

107

11.2. ()

108


[
]

,
.
, , , ,
, , , , , ..
, , ,
, , ,
, , , ,
..
, .. .

, , , /
, .
, , ,
.
,
,
,
.


[


]


, , .

.
,
, .
, ,
, , ..
( )
,
, ;
..
, ,
, , ,
, ..

.
, ,
.

.

.
,
.
- , .
.
,
.

, .
, .
, Excel
Lotus.

, DSM lus .
, , .
().

, ,
.

11
1

 ,

, .
 , , . ,

, .
.

 ,

.

.

11.20. ( 11.3): , ,
, , ,

11.3.


(
)

-
,

,
- ,



;



,




, ,
,


;

, ,



()
(


)

-


-



,


, .. ,
..
-

,


,

,
,

109

11.3 ()


(
)

110



(
)

,
,
(

)







( ..
),
,

,
,
, ,
.. (


)




-
-



()


,

,

( ,
)



11
1

11.1.






p 


p 


p


















p

p

p



p

p



p


p

p
 


p
p
p





p
p
p

p
p

p
p
p

p



(
). , (
) , ..
,
. -






p
p
p


p




,
.
,
, ,
/ /.
111

11.21. , . ,

. , ,
,
/ ,
. - , ,
, ,

. ,
, ,
,
, , , , , .
11.22. , .
,
, , .
,
. /
,
(.. , ).
11.23. / /. , .
. , /

,
,
, . /
, (..

112

, ).
11.24. . .
,
,
. , , .
11.25.
(
) .

. ,
, ()
.
11.26.
, .
11.1.

, ,
.
, .
( - ) ,
.
,
. ,
-
, , ,
. , .

12 Banks and Other Sectors External DebtStatistics

12.

12.1.
, , , . ,
, .
, ,
.

. .
12.2.
,
.
(
- -). ,
.
, .
,
, , ,
( ,
, -

) , ,
.

, , .
12.3. , , .
- , . , .
, ,
.
,
, , (, ,
).


12.4.
.

(

)
, .
. -
,
, -

113

External Debt
Statistics Guide

, ,
. , .
12.5. , , , . ,
, ,
. , , ,

(), ,
( ).
12.6. ,
.
.
, , ,

,
- .


12.7.
. , ,
,
,
. ,


.
 ,
, (2000). (., , 7.1 . 78.)

114

,
. , ,
, , . ,
2, ( ) -
.


12.8.

, .
, , ,
. ,
, ,
, , .
12.9.
-, .
, , .
, ,
, . , ,
.
12.10. ,
-, ,
( ).

:
(, , ), .
,
, , ,
.

12
12
Banks
and
Other Sectors
External

DebtStatistics



12.11.


( ), .

, , .

.
12.12.
,
.

. ( ,
) / , ,
, / , , . 14
,
,
, ..
12.13.
, , ,
. ,
, , , , ,
, , . ,
, , , ..,


(1995).

,

, .
12.14.
-:
 :
;
 : ,
(, ) (, );
 : , , ,
, ;
 () :
, ,
. , ,
, .
12.15. , ,

,
,
. ,
. , /
, (,
), , ,
.
12.16.

-, ,
( , ),
.
-

115

External Debt
Statistics Guide

: ;
; ; ; ; ; ;
; .
,
. , ,
, . ,
, ,
,
, ,
, , , .
12.17.

:
, . , .
, ,
, , ,

. , , , ,
, , , .
12.18. (.. ,
),
. ,
, - ,
.
, , -

116

, , , ..,
, . .
12.19. , - ,
. ? , , ,
.
 , ,

,
, .
,
- , .
, , , ,
.
 ,
,
. ,

.
. ,
. , ,
,
, , , .
-
, ,
. ,
. , ,

12
12
Banks
and
Other Sectors
External

DebtStatistics

, ; ,
; .
, ,

.
12.20. , ? -,
,
. ,
,
,

. -, . , ,
, .


,
. ,
.

,
.
,
, -, , , .


-
12.21.  ,
, .
. 14 Comparison of
Creditor and Debtor Data on Short-Term External Debt (2002).

-
().
, ,

. , , ,
.

.
,
, ()
, .
, - , ,

,
(. ).
, , .

, , .
/,
, -. /
, ,
.
, / , ,
,
-, /.
, , ()
,
,
.
,
.
, /, , .

117

External Debt
Statistics Guide

/
-.


12.22.

,
. , , ,
, , .
, , .
, , (
) , , ,
.



12.23. , .. ,
, ,


, .
,
.
, , , .
12.24. .

,
,


19971998 ,
, ,
.

118

, , , . ,


.
12.25. , , , ,

.
( ,
..),
.
,
, , .
12.26. ,
,

,
. , , ,
. , ,
, . , ,
, ,
.
,
, ,
.


, (, )
.
.

12
12
Banks
and
Other Sectors
External

DebtStatistics

12.27. , (, ),
,
. 7
, ,
.


12.28. () .

. ,


,

.
12.29. ,
,
, ,
. , , , ;
,
, ,
, , ,

. ,
, ,

. ,
, ,

. 7 ,
, . , .
12.30. -

, ,
.
 . ( ) .
 . ,
(, , , ).
 . , - , , ,
.
12.31.

,
. ,
, ,
, , , , ,
.
12.32.
1998 .

. : , ,
. ,
, .

, , ,
.


12.33. -
-
.  -
- : http://www.bis.org/statistics/index.htm.

119

External Debt
Statistics Guide


.

, , .

.
,
.
, , ,
, ,
(
).


12.34. .
, .

. , ,
, ,
.
12.35. ,
,
-,
-.
(,
)
.

,
, .
 2001 , , , . 56

- http: //www.imf.org/external/np/sta/di/mdb97.htm.

120

.


12.36. : ; ;
; , ,
.
,
. .
,
,
. , ,
.


12.37. , , , .

,

12.38. , ,
.
, (, )
, .


. , , ,
.

, .

12
12
Banks
and
Other Sectors
External

DebtStatistics

,

12.39. , , ,
.
12.40. , ,
. ,
, , ,
.
.
12.41.
. ,
,
, , ,
, .
, ,
,
,
, .
.
12.42.

(, ).
, , .

, ,
, .
,
.


,

.
12.43.
, .

, , , .
, 10:

( ) ( ) ( )

x
t x
t xt ,
t = Kt1
K
+ Ft
+ At
x
xa
t1 x t

(12.1)

Kt =
;
Kt1 = ;
Ft = ;
xt = ;
xt1 = ;

x t = ;
At = ;
xa = 
.

. ,
.
12.44. , 1000 t1,
150 .
. 10
1 t1
14 1 t, 12 1 .

) (

14
1000 = 1400 + 150 14
= 175
10 12
= 1575 (
).
10 , .

121

External Debt
Statistics Guide

12.45. ,
, -
. ,
, , , ,

. .
, , . ,
, . , ,
, ,
;
.


12.46.
,
.
, , ( ) .
, . , ,
,
,


. ,
13,

, .
12.47.
,
:
, . .
12.48. ,
, -

122

11.
. , , .
/ ( ) /
, .
12.49.
: , .
, ,
(
).
:

x p
x
t
t ,
t = Kt t p
F
t Kt1
x
t pt xt1 pt1

( )

(12.2)

Ft = ;
pt = ;

p t = .

12.50.
. , (12.3) (12.1) ,
(12.3) , . , ,
.

) (

) (

x
xt pt xt pt
t = Kt1 t p
K
t + Ft

+ At
x
xa
pa , (12.3)
t1 pt1 x
t pt

pa = , .
11.
(1995), 732743 778783, Coordinated Portfolio Investment
Survey Guide (
), IMF (1996), VIII, . 155158. .

12
12
Banks
and
Other Sectors
External

DebtStatistics

12.51. . ,
1000 t1,
150 .
.
10 1
t1 14 1 t,
12 1 .
, , 1,1 t1, 1,045
t 1,066 .


14
1,045 = 1330
1000

10 1,1
14
1,045 = 171,5
+
150
12 1,066
= 1501,5 (
).

12.52. ; ,
.
/
( ) . , (,
, ).
12.53. , , ;
.

, , , , .
12.54. ,
(Committeri, 2000) , , -


,

.
,
, (, ).
12.55. , ,
,
.
,
.
12.56. , (12.3),
(
(12.4)) 12:

(
(

) (

xt pt xt pt
ADJt = Kt1 1 + Ft
1
xt1 pt1 xt pt
xt pt
+ At
(12.4)

xa
pa 1

(
(

) ( ) ( )
) ( ) ( )


pt pt pt
price
ADJ
= Kt1
1 + Ft
t
p 1 + At

pt1
pa 1 (12.4a)
t
x
xrate
t xt xt
ADJ
= Kt1
1 + Ft
1 + At
t

xt1
xa 1 , (12.4b)
xt

ADJt
price

ADJt

xrate

ADJt

= 
;
=  ;
=  .

12 (12.4a) (12.4b)
(12.4), .
p x (12.4),
.
, x, p . . Committeri (2000), . 6 8. , ,
,
(12.4) (12.4 b).

123

External Debt Statistics Guide

13.

13.1.
/ , .

, ,
( ).
, , .
13.2.
, ,
. , - ,

, . ,
,
, ,
.
, , , ,
.
 , .
,

,
,
, .

124

 ,
(
),

, ,
, ,
, .

.
, .

, .
- .
 ,
.
.
 , ,

- , .

.

()
().
, , ,
, , ,
.


Coordinated Portfolio Investment Survey Guide (1996) (-

12 Banks and Other Sectors


13
External DebtStatistics


13.3.



,
, , , , . ,
- . , ,
, ,


.
13.4. ,
,
. ,
, , ,
. , , ,
,
,
, , - .
, - . ,

, , . ,
, ,

,
, .
13.5.
,
. ,
),
.
(IMF, 2002) -
: http://www.imf.org/np/sta/pi/cpisgd.htm.

, ,
.
.
. , ,
. , , ,
() .
13.6. , , , , ,
. ,
, ,
, ,
, ,
,
,
.


13.7.
( ) , .
, , . .

,
?

?
 ? ?

-?
 ?

125

External Debt
Statistics Guide

13.1. : .



(/)

126


,
.



-.


, ,
,
.


.
.

,

,
. ,
,
.

,
, -
.
,
,
. ,

.

, ,

.


(
/)

(
/)


.
,
.

,
, .

.


, ,

.
.


, ,

. ,
/
.
,
.


.

.
.

(
)

.

.
.


, ,

.
(
),
.
,

. ,
.

12 Banks and Other Sectors


13
External DebtStatistics


?
?
13.8.
,
,
.
, .

, , , , .

. 13.1.

.
.
13.9.
, .
: 1)
,
; 2) , , ,

(


) (. 12); 3) , ,
, (13.1),
(

).
, , ,
,  Coordinated Portfolio Investment
Survey Guide (1996) ( ), VIII,
,
.

,
. ,
, .


, :

13.10.

, , -.
,
. ,

,

-, .
13.11. ; ,
, , -.

,
, ..
. ,
, ,
, ,
-
, . ,
.
, , .
13.12. ,
,
, , , , .
, , ,

127

External Debt
Statistics Guide

13.1.



.
.


,
(, , ,
..)

1.
: ,
,
,
,
,
(
) ,
.. ,
,

, .


,
.

, , ,
.
,
,
.

,
: Bloomberg, Euromoney Bondware,
Interactive Data, International Financing Review, International Securities
Market Association, Reuters Telekurs2.
1

, (Coordinated Portfolio Investment
Survey Guide, second edition), IMF (2002),
- http://www.imf.org/np/sta/pi/cpisgd.htm.
2
- ;

, ,
.

, . , ,
, , ,
. , ,

128

()
,
- , ,
. 17.

,
.
()
,
(ISIN) ,

.
,
. ,
,
,
, ISIN ,
.

,
,
,
,
.

,

, .
, , ,
(
CUSIP).

.


, .
,
,

, ISIN.

() ,
,
. ,
, ,
.

-.
, ,
,
,
.

12 Banks and Other Sectors


13
External DebtStatistics

13.13. , 14.
,

(
). ,
,

.
,
.
13.14.
,
(),
, - ,
.
. ,
, .
, , .
13.15. , , - , ,
.
, ,
,
.
- .
, .

 ,
,

(ISIN). ISIN
VII IMF (2002), . 151153.

. ,
, .
,
.
13.16.
, ,

( ). , ,
, , .
13.17. , .
; , , ,
, , , ( ,
); , , ;
,

.
13.18. , (,
). ,
, , ,

,
. ,
, ,
( ) .
, ,
,

129

External Debt
Statistics Guide

. , (
) .
13.19. , , , .

, ,
,
. ,
, -
, ,
,

.
, .
13.20. , , ,
(, ). ,
,
.
13.21. ,

.
13.22. - ,
, ( ).
- , , ,
, -, ,

.
.

130

13.23. , ,
,
,
, ,
, , , .
13.24. . , ,
, ,
.
. , ,
, - .
13.25.
. ,
: , , ,
, . , ,
, ,

,
. , ,
.

,

13.26. , ,
.

- .
,
,

, , .
,
, --

12 Banks and Other Sectors


13
External DebtStatistics

,
, , . ,
, 17.
13.27. , ,
, -
,
(
)
,
, ,
( , ,
) . ,
,
,
,
, ,

, , , .

, ,
.
,

, , , 7, .
13.28.
, . ,
.

,


13.29. , (
, )

, 4 ( 4.5) ,

. ,
,
.
,
.
, -, , -
,
, , /
. ,
,
,
. ,
.
13.30.
,
, , .
, /
, , .

, ,
; ,
,
,

. ,
,
, .


13.31. , , , ,

131

External Debt
Statistics Guide

- , ,
. ,
,
- , .
13.32. , . ,
(,

),
,
.
13.33. , .
, ,
, .



13.34. ,

. , ,
, ,
.
. ,
,
,
.
, , ; ,
.
,
, -

132

, .
.
,
.


13.35.
,
, , ,
().
1997
( )
, ,
. 29 ,
5.
. 1999 5.
13.36.
2001 ,
. , (, - ,
), ,
,
.
5. IMF (1999), Results of the 1997 Coordinated Portfolio Invest
ment Survey, IMF (2000), Analysis of the 1997 Coordinated Portfolio
Investment Survey Results and Plans for the 2001 Survey.

12 Banks and Other Sectors External DebtStatistics

14.

14.1. . ,
14.1
.
( ):
.
:
.
. .
. .

. .
.
.
.
.
. .
. .
 . .
.
.
. .
.
.

14.1. ()
104c 1991 (
) ,

()
. ,

,

,
.

60 ,
.

( ,

);
1995 ( 1995 )
(Eurostat, 1996),
,

.

, , ,
,
, .


3605/93 (
).
475/2000 1995 .


() ,
,
.

:
; (
) 1995 .
, ,

( ).
,

,
, ,


. ,

. ,

133

External Debt
Statistics Guide

14.1 ()
,
,
,
.

. 1994 -
, 1 1
,

. 1 n
n-1
n-2, n-3 n-4.

n
n-1,
n-2, n-3 n-4.


,

. 1
,
n-1
. -
,
.
-

( , ,
, ).
, -


:

14.2. ()
5
1993 . ,
,
,
.
14.3. ().


134

n n-1,
n-2, n-3 n-4 ( ).
,
1995 .
,
-
,
1995 .

,
- ,
.
-
(),

, ,
. ,
(
).
,
.
, - ,
.

.
,
, , ,
.
- .
1995

(ESA95 Manual on Government Deficit and Debt) (Eurostat, 2000).

, ,
. ,

,
.
, , .


14.4. , .

12 Banks and Other Sectors External DebtStatistics


14



(
).
,
. , ,
( ), .
,
.
14.5. ( ,
, ) , ,
.
, , , , ,
, , ,
. ,

,
, . ,
. ,
,
:
 , .
, ,
.
 ,
,
. ,
,

,

. , , ,
, , , ,
.
 .


, ,
:
 ,
;
,
;
,
, , ,

(, , ,
,
, , );
 ,

,
, , ;
 ;
 ,
, , , (
);
, , , ,
;
 , , ,

.
 .
-.
-

135

External Debt
Statistics Guide

, ,
, .

,
.
, .
 , . ,
.
: , ; ;
(, Moodys, Standard and Poors
..);
,
,
. ,
, , , ,
.

.

,
,
, . ,
, ,
, ,

, .
14.6. , ,
,
, - ,
,
,
.
-

136

, .
14.7.
, , ,
. - , .
,
,
,
- .
14.8.

,
,
.


14.9.
. , ,
. ,

,
. -, ,
-
,


.
 , , ,
. - , .

12 Banks and Other Sectors External DebtStatistics


14

14.10. ,

,
, , .
, :
 ( )
;
 ( ), ;

;
 ,
.
14.11.

,
.
,

.
14.12. ,
, , ,
5.
, ,
( )
.
14.13.
(
) ,
. (, , ,
),

, ;
,  , .

. ,
( ), / .
14.14. , ,
,
, . , ,
.
, ,
.


14.15. ,
, .
:

, , , , 5;
 - ;

,

;
 (.. ,
, ,
);
 ,
( ).
14.16. , , , ,

.

, , ,

137

External Debt
Statistics Guide

,
,
.

,
(/, /, / ..).


, .

14.20. () ,
. , , .


(.
).


14.17. .
.
, ( ), ,
,
, .


14.18.
1991.
,
. (
),
.
,
.

138

14.21. ,
, , ,
, , .
( )
. , ,
.

14.19.
, , ,
, -. , .

,
, . ,

14.22. , , , ,
( 5 10 ),
, .. ,
, , .
, ,
.

 . . Oesterreichische Nationalbank (2000);


European Central Bank (1999), Oesterreichische Nationalbank (1995),
Reports and Summaries, 1/1995; Oesterreichische Nationalbank (1999),
Focus on Austria, 1/1999.

1) . : , -
(Bausparkassen), , -

12 Banks and Other Sectors External DebtStatistics


14

, , , . (Kundmachung DL 1-3/91,
2/93, 1/96) , /
, , ,
.
, :
 ,
- , -,

(Devisentableaumeldung);
 / ( ) (Valutentableaumeldung,
);
 ( 5), , ,
-
(Wertpapierstandmeldung).
14.23. ( / )
, , , 1 10 ;
1
, 500
10-
.
2) : , (1).
(Kundmachung DL 1-3/91,
2/93, 1/96)
, , ,
, (Auslandskontenmeldung),

.
( / )
, , , -

1 10 .
( ) ( ) . ,
( ) ,
- ( , ..),

1 .
3) . , . ,
,
( , ).
4) - .
-
, . ,
.
,
.

14.24.
, , .
(. ). , 19881989 ,
, . ,

, .
14.25.
,
(ISIN). -

139

External Debt
Statistics Guide

ISIN,
(, ). ISIN
, .
(
,
..). ,
, .
14.26. . , () , ..
Oesterreichische Kontrollbank (OKB) Wertpapier
mitteilungen. OKB , , ,
,
; Wertpapiermitteilung
, , , , , . ,
- , , , ,
ISIN, . , ,
OKB. Telekurs. .
14.27.
, . 2000
150 000
50 000 , , .. 99 , .
14.28. ,
,
,
. ( -

140

) .

, (),
. ,
(, ),
.


14.29. , ,
5.
, .

.

14.30.
, (..
),
. 18 ( t)
. , -
(t), ( )
(t1).
14.31.
,
(


).
14.32. ,
( ) .
, , ( ), ( ,
) . -

12 Banks and Other Sectors External DebtStatistics


14


,
, , .
14.33.
, .. .

14.34. 5,
. ,
,
,
.
.
14.35. , ,
. ,
.
,
. ( ),
.

14.36. ()
( 20
) (
80 ). . , ISIN,
;
, ,
, . ,
.

14.37.
5

,
, . ( 90
)
( 10 ).

- ; ,
. / , ,
, , .
14.38.
. ( ),
() ( )
.
, ,
.
.

14.39.
.
, .

.

, , (.
, (4)).
5 .
,

, .

, ,
,


14.40.

141

External Debt
Statistics Guide

. .
.

14.41. , 1995
( 1995 ) (Eurostat, 1996), ,
, .
. , ( )
(). , ..
.



14.42. 1980- .
56,5 1980 393
1999 , 40 .
(27,5 1999 )

. , ,
,
.
14.43.
,
, : 1)
, , ; 2)
.
, , .

.


142

500 000 , 10 000 .



,

.
14.44. ,
. ,

, ( ,
..), ;
, ,
, , , ..; -
, , ,
, , ,
.
14.45.

,
.


14.46. , : ,
, .

14.47.
, , ,
( , ). ,
, ,
. ,
,
,

- http://www.imf.org/external/bopage/
stindex.htm.

12 Banks and Other Sectors External DebtStatistics


14


, .

, .

14.48.
,
. ,
, , ; , .
14.49. (), ,
, .
, .
,
. ,
,
,
, ,
.
14.50.
() ..,
, ,
, .
, .
14.51.
.
(, ,

). , ,

, . , , .

14.52.
.
. , ,
.

14.53. ,
. . ,
,
(, ). ,
,
.
. ,
, .



14.54. . :
, , . ,

. , ,
. ,
. ( ) .

14.55. , , . , ,

143

External Debt
Statistics Guide

, .
, , .
, .
14.56. ,
, , .
, , ,
, .

, ,
, .
, .

14.57. ,
. ,
, .
, ,
, .
,
.
14.58.
. , .

. ,
,
, : ; , ; /,
, .

14.59. . , ,

. ,

144

. ,
,
,
,
.
14.60. . ,
, , .
, ,
, ,
, . ,
,
.

( , ) .

14.61. ,
; ,
. , .


14.62. ,

.
: , , () .
.
14.63. ,
, , (, ) .
. ,

, , , -

12 Banks and Other Sectors External DebtStatistics


14

, .
.




14.64. -
. ,
, ,
, , , , ,

.
14.65. , , , (),
, .
1998

- , .
(),
1999 .
, ,
, .
, , , , ,
, .
14.66.
1999 , .

14.1.
,
,
, 1999

(1)
(2)
( )

(3) ((1) (2))

15 901
18 684
_______
2 783

14.67. 17, , .
,
, .


14.68.
( , ), , .
, . ,
, .
14.69. 14.1 , ,
,
1999
. , 2 783 ,
.
14.70. , , ,

: ,
, , , , , , ,
, , , ,
, , , , ,
. : , , , ,
.

145

External Debt
Statistics Guide

14.2.
,
, ,
1999


(1)
15 901
18 684
(2) ( ) ______
(3) ((1) (2)) 2 783
, 1
(4) obranzas ( )
1 900
(5)

721
(6),

500

______
(7) ((4) + (5) + (6)) 3 121
( (3)
(6)) 338
1 ,
,
, , .


, .
14.71. -, ,
, ,
( ). cobranzas.
( )
cobranzas,
. cobranzas (,
) 1999
5 425 , 1900
, 10, , -

 ,
, ().
10 , .

146

,
.
14.72. -, ,
,
. ,
( ) ,
, . ,
,
, , , , , ,
, ,
,
. 1999 721
.
14.73. -, ,
,
, ,
. 1999
500 , 20 .
14.74. 14.2,

.



14.75. , , ,
( ). ,
, , . ,
, ,
(.. ).

12 Banks and Other Sectors External DebtStatistics


14

14.3. ,
, 1999
( . )



1

(1)
(2)
(3) ((1)(2))

15 850
23 491
______
7 641

3 911
9 347
______
5 436

, 3

(4)
3 343
2 454
(5)
823
253
(6)Cobranzas ( ) 1 900
1 900
(7)
721
84
500
100
(8) , ______
______
(9) ((4)+(5)+(6)+(7)+(8))
7 287
4 791
(( (3) (9))

354

645

11 939
14 1442
______
2 205
889
637
0
570
400
______
2 496
291

1 .
2 , .
3 , ,
, .



-.
.
, .
14.76. 14.3 , , , , ,
1999 (23 491 15 850
)11.
14.77. , ,

, , ,
11, 14.3
, , .

. 1999 3 343
12 ,
.
14.78. , ,
.
, , .

, . 1999
4 116 ,
, , 20 , 823 , , ,
. ,
253 . , ,

.
12:
.

147

External Debt
Statistics Guide

(Country Exposure Lending Survey), ,


.

14.80.
. , .


,

.
, ,

.

14.79.
.

,
, , ,
.
 ,
, ,
( ). ,
(, ),
, ,
,
.
 , . ,

, . , ,
, (
), ,
, .
 ,
, .
,
.
 , ,
cobranzas , , ,
,
.

.

148



13

14.81. ,

(. 14.4).

. , ..
, , ,
. ,
.
, , .

,

14.82. , , , .

14.83.
13

12 Banks and Other Sectors External DebtStatistics


14

14.4.

31
_____________________________________________________________
1991
1992
1995
1996
1997
1998
1999
20001

( , )

1)
2)
3) ,

75,3
8,5
83,8

78,2
7,1
85,3


4)
5)
6)
7)

94,7
4,3
99,0

88,7
5,0
93,7

86,7
6,7
93,5

88,5
5,0
93,5

93,3
4,4
97,7

94,4
4,0
98,4

23,5
19,0
4,5
14,9

22,0
16,0
4,1
10,6

( )
30,4
35,3
10,2
382,1

41,0
30,2
8,3
125,6

30,9
25,9
4,3
20,5

27,1
26,2
5,4
29,5

24,7
23,0
7,2
30,1

24,4
19,5
5,4
19,4

1 .

(). , , ,
. , .

.

.

. ,

( ), ,
( ), ..,
.

14.84.
, .
, .
, : 1)
; 2)
;
3)
,
.

14.86.
. , ,
,
. , .

.


14.85. .
,
,

14.87.
,
.

14.88. -

149

External Debt
Statistics Guide

, , ,
, . ,
. ,
(,
),

33,1 1994 14,4 1999 .
(, )
14.5.

. ,
1993 , . ,
, .

14.93. ,
, . 1992 /


, .
,

. 0,475 , ,

. , 1998 ,
.

14.89. 80
(CSDRMS)14. CS-DRMS 1980-
,
.
,
.


14.90. , ,
, . ,
, ,

.

.

, , .
14.91. .

14

150

CS-DRMS 18.

14.92. , , ,

.
,
. , ,
19971998 .

14.94. . , ,


. ,

,
. , -

12 Banks and Other Sectors External DebtStatistics


14

14.5.

31
__________________________________________________
1994
1995
1996
1997
1998
19991

( , )

1)
2)
3) .. : (a) + (b) + (c)2
a)
b)
c)
4) (1) + (2)
5)
(1) + (3)

6)
(5)/(4)
7)
(3)/(2)

31
____________
19991

55,9
36,8
12,2
3,3
8,6
0,3
92,7

59,5
39,5
12,3
3,3
8,7
0,4
99,0

53,1
40,7
10,2
2,7
7,1
0,4
93,7

49,1
44,4
8,2
2,3
5,6
0,4
93,5

46,5
47,0
7,3
2,3
4,6
0,3
93,5

46,1
51,5
7,1
2,4
4,3
0,3
97,7

46,9
52,1
7,5
2,6
4,6
0,3
99,0

68,1

71,8

63,2

57,3

53,8

53,2

54,4

( )
73,5

72,5

67,4

61,3

57,5

54,5

55,0

33,1

31,2

25,0

18,5

15,5

13,7

14,4

1 .
2 , .

, ,
, . ,
(. ). ,

,
.
,
.
14.95. , ,

,
.


15
14.96. 1970-
15 ().


. ,
().

. , ,
1990- .


14.97. : , , ,
. 1970
,
. -
, , . (),
1997 .
1975
. -

151

External Debt
Statistics Guide

, .
,
. 1994 ,
.
14.98. ( ,
) . , 1990- , .
, 1999 ,
- . ,
. , - , 90
2000 ,

.
14.99. ( )
, . , , ,

, ,
.

14.100.

, ,
,

. , , ,
.
, . ,
,
, .

152

14.101. ,
,
, . ,


. , , 85 ,
,
, 500
. ,
, , ,
.

,
, ( , ) , , , .

14.102. 14.6
1990- .
14 1991 23 2000 .

.
, ( 74 1991 40 2000 ) ,
( 26 1991 60 2000), . ,
,
.
, ,
,
, ,
. , , , , 30

12 Banks and Other Sectors External DebtStatistics


14

14.6.
( . )


FCNR(A)1
FCNR(B)2
FC(B&O)D3
FCON4
NR(E)RA5
NR(NR)RD6
NR(S)RA7


______________________________________________________
1991
1993
1995
1997
1999
2000
10 103
0
265
0
3 618
0
0
13 986

10 617
0
1 037
0
2 740
621
0
15 015

7 051
3 063
0
10
4 556
2 486
0
17 166

2 306
7 496
0
4
4 983
5 604
0
20 393

0
8 323
0
0
6 220
6 758
0
21 301

0
9 069
0
0
6 992
7 037
0
23 098

3 618
(25,9)

3 361
(22,4)

7 042
(41,0)

10 587
(51,9)

12 978
(60,9)

14 029
(60,7)

,
(% )

10 368
(74,1)

11 654
(77,6)

10 124
(59,0)

9 806
(48,1)

8 323
(39,1)

9 069
(39,3)

83 801
75 257
8 544

90 023
83 683
6 340

99 008
94 739
4 269

93 470
86 744
6 726

97 666
93 279
4 387

98 435
94 392
4 043

(%)9
(%)9
(%)

16,7%
13,6%
43,8%

16,0%
13,2%
53,3%

14,8%
13,1%
53,4%

15,8%
12,7%
56,1%

14,9%
12,6%
50,1%

16,3%
15,4%
36,6%

73,2%

76,7%

84,5%

74,5%

84,9%

90,8%

26,8%

23,3%

15,5%

25,5%

15,1%

9,2%

,
(% )


(%)

(%)

. , .
1 [FCNR(A)] 1994 .
2 - [FCNR(B)] 1993 .
3 ( ) [FC(B&O)D] 1993 .
4 ( ) [FCON] 1994 .
5() [NR(E)RA] 1970 .
6( ) [NR(NR)RD] 1992 .
7 [NR(S)RA] 1999 .
8 , , ( FCNR(A), FCNR(B), NR(E)RA
FC(B&O)D), .
9 NR(NR)RD, .

2000 . , ,

27 1991 2000 .


14.103.
.
14.104. -,
. ,

, , ,
, .
,
,

.
14.105. -, , ,


.

153

External Debt
Statistics Guide

. ,
.
14.106. -, ,
,
,
. ,
, ,
.
14.107. ,

. ,

, ,
, , .

16
14.108. ()

,
.

.
,
,
. , , ,
.



14.109.
.
, , 16

154

,
. ( )
15- - , 100 000
. , , ,
, ,
.
14.110. (. 14.1).
 :
, .
: (,
, , , ).
: , (, , , , ,
, ,
, ,
,
).
 : .
 (): .
 : .
 .
14.111. .
 ( ):
.

, .. , .
 ( ):
.
 (
): ;
,
.
 ( ):
( ).

12 Banks and Other Sectors External DebtStatistics


14

14.1. . ,
1











 


 


 









r




 



 






 



 



r 

 




 

1 ( ) 100 000 ;
, 15 .

155

External Debt
Statistics Guide

17
14.112.
, ,
, , ,
( ), , .
, , , , ( ).
14.113.
, , ,
. , 90 .


14.114.
. ,

, , ,
.
(.. , ),
.

18
14.115.

. 1980-
17

.
18
.

156

,
, ,
. .
14.116. 1982
; 1 1982
,
, ,
, .

14.117. 1982
.
, . 5 1982
, 13 1982 , , ,
,
,
(Secretara de Hacienda y Crdito Pblico).
, /,
(),
, (Constancia de Registro), .
, .
14.118.

, . ,
,

, ,
.

12 Banks and Other Sectors External DebtStatistics


14

,
,
.
14.119.
1982 () , ,
. , ,
, .
1983, .
14.120. 1983
, .
.
FICORCA (
) 1983 .

,

. , FICORCA
,
.

FICORCA
1987 1988 .
14.121. 1984 ,
, .
, ,
,
.
1991 .
,

,
,
1 31 1
30 .
.
14.122. ,

() . , 1982 ,
, . ,
.
1983 , .
14.123. , 1982 , .
,
, .

14.124.
10 1991 ,

.
/ ,
, (Constancia de Registro). ,

.
.
, .
14.125. , ,

157

External Debt
Statistics Guide

,
.
, ,
, .
,
.

.
14.126. , 1990- , ,
,
. , ,
,
. ,
()
;

.
14.127. , ,
,
.
14.128.
,
.
: ,
.
, ,
, , ,
.
14.129. , Duff and Phelps, Moodys Standard & Poors.

158


, .
,

, .
14.130.

.
14.131. ,
, ,
,
.
14.132.
, ,
.
, , , .


14.133. ,
, ,
. -,
. , -, -.
,
-

. , .
,
, , -

12 Banks and Other Sectors External DebtStatistics


14


19.


14.134.
,
,
, ,
,
, (Estadsticas Oportunas de Finanzas Pblicas y
Deuda Pblica) .
- .
14.135.
: - ;

,
.


.


20
14.136. 1998 , -

. () 1999

, ,
19 ,

.
,
, , , .
20 .

31 1998 1999 , New Zealand's Overseas Debt


( )21.



.
.
, . .

, , .
14.137.
,
, , (31 ).
, ,
, , 31 1997 31 1998
38 .
, 1998 ,
.

, ,
, , , ,
.

14.138. 2001
, , , 1998

,
21Overseas debt , .

31 , .

159

External Debt
Statistics Guide


.
:
 ;

.
14.139. -,
80 , . , ,
.
14.140.
1998 31 1998
31 1998 .
31 1999 . , , 2001
5 .
14.141.
() .
,
() , , ,
.
.
,
, .
.
14.142.


, .
20 ( ),
1998 . 1999
2000,

160

75 81 , ,
1998, 1999 2000 . ,

, , .

: .

14.143.
, , . :
 /
,

() ;

;


, ; .
14.144.
, .
, ,
.
, , ,

;

.
-,
.
14.145. , ,
-

12 Banks and Other Sectors External DebtStatistics


14

, .

, , . , ,
,

.
,
31 1998 ,
1999 .
14.146.
, .
 ,
( ) .
,
,
.

31 , ,
.
 ,
.
,
,

.
.
,
,

,
.

 . ,
-,
. , -, ,
-. ,
-.

14.147. :
, , ( 14.2). ,
,
. , ,
,
. , .
14.148. :
, ; .
( ).
14.149. , ,
:
 31 ;

31 (
, , );
 , :

;

161

162
( )
___________________________________________________________________________________________________

:
______________________________________________________________________

3a
3b
3c

, :

(1) , .
(2) .
14 . .

DEM

CHF

JPY

AUD

USD






(2)
31 2000


()

1
2


1
(1)

14.2. . .

External Debt
Statistics Guide

, :

(1) , .
(2) .
14 . .

DEM

CHF

JPY

AUD

USD




( ):

____________________________________________________________________________




:


(2)
31 2000 __________________________________________________________
31 2000

()

. ()

1
2
3a
3b
3c
4


2
(1)

12 Banks and Other Sectors External DebtStatistics


14

163

164

, :

(1) , .
(2) .
14 . .

USD
AUD
DEM
JPY
CHF










,

( ):
31 2000

__________________________________________________________
______________________________________________________________________________


-
-




______________________________________ _________________________________________


:



_________________________





(2)
31
-



2000








- (, -


() ) ( . .) ( . .) ( . .) ( . .)

1
2
3a
3b
3c
3d
4a
4b
4c
4d

3
(1)

14.2 ()

External Debt
Statistics Guide

, :

(1) , .
(2) .
14 . .

USD
AUD
DEM
JPY
CHF










,

( ): ________________________________________________________________________________
31 2000

_______________________________________________________

-
-

_________________________________________ ________________________________________


:

________________________






(2)

-


31 2000

-






- (, -


() ) ( . .) ( . .) ( . .) ( . .)

1
2
3a
3b
3c
3d
4a
4b
4c
4d

4
(1)

12 Banks and Other Sectors External DebtStatistics


14

165

166

USD
500
100%
184
AUD
100
85%
15%
DEM
200
100%
0
0
0
JPY
10
100%
0
0
0
CHF
300
100%
0
0
0

4
0
0
0



,

( )
31 2000


_______________________________________________________ ________________________________________________________________________________

-
-

.
________________________________________
_________________________________________

. :
(2)
31 2000 ________________________






-
- . - -





. (. - . . .

()
)

( . .) ( . .) ( . .) ( . .)

1
2
3a
3b
3c
3d
4a
4b
4c
4d



1. 1 2.
2. 2 . : )
, , b) , , .
3. , : ( 1) ( 2).
, .
, .
1. 1 : USD
1999 - 500 . ( 1 2).
- ,
725 500 . 1$NZ = $US0,69.
31 2000 1$NZ = $US0,55, 500 . 909 ,
184 ( 4C; 909 725 = 184).
2. 2 : AUD
1999 - 100 ( 1 2).
- 85% ,
106 85 1$NZ = $AU0,80
31 2000 1$NZ = $AU0,83, 85 102
, 4 ( 4D; 85 106 = 4).
3. 3 : DEM
DEM , , .
4. 4 : JPY
JPY .
5. 5 : CHF
CHF , , , ,
.

14.2 ()

External Debt
Statistics Guide

12 Banks and Other Sectors External DebtStatistics


14


;

(
);
 .

,


,
, .

14.150. ,
,
, .
- .

14.154. ,
.
 . , ,

,
, , ,
, .

(.. , )
; .
,
.
 .
,

. ,
, .


. ,
.
,

.


14.151. ,
.
31 1999 , 1998 1999
1999 . ,
( ),
, , ,
. , .
14.152. , 2000
-, ,

.


14.153.
.
, .
,
, ,


14.155. , ,
2001, 5 .

167

External Debt
Statistics Guide

, .

( ,
5), , , ,
.
31 ,
, . , , .


22
14.156.


. 1960- , , ,

. ,

.
14.157. 1970- ,
. ,
.
,
, .
.
, , . 1990- 22

168

,



,
, , .
14.158.
,
-
.
, 23,
, .
,

. - (
) 24,
.


14.159.
,
. : , , ,
,
( ,
, -
); , , ,
.
23 (Bangko Sentral ng Pilipinas) 3 1993 . -
, ,
.
24 , 1970
. 1999 ,
.

12 Banks and Other Sectors External DebtStatistics


14

/

14.160. / ,



/.

, , , /
, ,

, .
14.161. /, ,
/
.
,
, . ,
,

.
, /,
, .
14.162. 1990- /
.
. 1990-
, 25 ,
25
,
.

26.
,
.
14.163. , , (
)
, , ,
.
/ ,
.


14.164.
2000
(, ) (, , ,
..), ( - , , , , ),
(,
, , , , ).
14.165.
, .
, .
,
.

14.166.
,
26 , , , ,
- (, ). - .

169

External Debt
Statistics Guide

, , .
,
.
. ( ) ,
. , , ,
,
.

.
,
( ,
),
,
,
.
, .
 . (,
, ) , , .
- (
/ ).
, -
,
,
/ .


.

( ).


, , .

170

14.167. , , ,
/
, .
14.168. , .
/ ,
- , ,

.

14.169.
,
( ,
, ).
14.170. , . ,
, (, ()) ( , ,
).
14.171. / ( ,
) . .
14.172. ,

.
, , , (, ).

14.173.
, , ,
; () (, ,

12 Banks and Other Sectors External DebtStatistics


14

14.7. 1
( . )


1990
1991
1992
1993
1994
1995
1996
1997
1998
1999


2000

2000

29 955 31
392 32
089 35
535 38
723 39
367 41
875 45
433 47
817 52
210 52
415 52
164

_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
24 458 _______
25 552 _______
25 666 _______
29 718 _______
30 883 _______
30 116 _______
27 385 _______
26 958 _______
30 310 _______
34 800 _______
35 441 _______
34 932

_______

6 202
5 937
3 261
2 777
3 163
3 452
3 252
4 686
5 805
5 746
5 602 5 654

18 256 19 614 22 406 26 941 27 721 26 664 24 132 22 271 24 506 29 054 29 839 29 278
5 497 _______
5 840 _______
6 423 _______
5 817 _______
7 839 _______
9 251 _______
14 490 _______
18 475 _______
17 507 _______
17 410 _______
16 973 _______
17 232
2
_______

1 711
1 802
1 448
521
980
2 000
5 379
5 978
5 410
4 159
3 897 3 680

996
1 055
603
422
376
259
348
609
494
423
383
394

715
747
845
99
604
1 741
5 031
5 369
4 916
3 735
3 514 3 286

3 786
4 038
4 975
5 296
6 859
7 251
9 112 12 497 12 096 13 251 13 076 13 552


29 955 31
392 32
089 35
535 38
723 39
367 41
875 45
433 47
817 52
210 52
415 52
164
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
4 376
4 827
5 256
5 035
5 197
5 279
7 207
8 439
7 185
5 745
6 009 5 932
25 579 26 565 26 833 30 500 33 526 34 088 34 668 36 994 40 632 46 465 46 406 46 232






/
/

29 955 31
392 32
089 35
535 38
723 39
367 41
875 45
433 47
817 52
210 52
415 52
164
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
7 411
7 935
8 323
9 202
9 859
9 617
8 634
8 638 10 058 10 245
9 934 9 864
8 547
9 572 11 328 13 369 15 033 14 393 13 439 13 307 14 926 16 429 16 116 15 983

29 955 31
392 32
089 35
535 38
723 39
367 41
875 45
433 47
817 52
210 52
415 52
164
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
8 627
9 546
9 210 11 112 12 682 12 169 11 109 10 293 11 887 14 205 14 184 14 031
5 808
5 552
7 156
7 064
3 812
3 771
4 190
4 569
4 566
5 314
4 704 4 993
1 141
1 108
641
1 297
363
611
511
445
399
438
537
481
1 447
1 085
850
725
712
961
1 579
1 899
1 743
1 621
1 433 1 287
620
693
700
742
885
967
1 298
1 635
2 122
2 435
2 620 3 109
4 036
4 622
1 455
826
5 682
5 065
5 829
7 321
5 832
5 001
5 138 5 003
7 411
7 935
8 323
9 202
9 859
9 617
8 634
8 638 10 058 10 245
9 934 9 864
865
851
3 754
4 567
4 727
6 206
8 725 10 633 11 209 12 951 13 865 13 396

10 815
865
2 312
5

10 227
851
2 802
5

5 692
3 754
2 963
29

5 177
4 567
3 213
7

5 530
4 727
3 549
25

6 345
6 206
2 587
219

8 373
8 725
2 588
116

10 176
10 633
2 359
320

9 672
11 209
1 562
390

10 340
12 951
1 690
555

10 206 10 284
13 865 13 396
1 697 1 882
598
755

29 955 31
392 32
089 35
535 38
723 39
367 41
875 45
433 47
817 52
210 52
415 52
164

_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______
_______

13 016 12 931 13 471 14 247 14 953 16 573 21 660 25 946 25 600 27 381 28 206 28 069

5 888
6 164
6 264
6 931
7 529
7 543
6 718
5 965
6 333
5 939
5 647 5 547

7 193
8 273
8 530 10 605 12 263 11 635 10 600 10 260 11 878 14 480 14 392 14 340
1 258
1 554
1 683
1 910
1 824
1 576
1 192
1 680
2 425
2 700
2 654 2 644

2 600
2 470
2 141
1 843
2 154
2 039
1 706
1 582
1 581
1 710
1 515 1 563
1

/ .
/ / .
2 , :


1994
1995
1996
1997
1998
1999
2000
2000
1)  ( /)

519
861
2) , /
100
455
3)

, , , , ,
, );
.

2 694
562
396

3 074
925
1 296

3 060
1 404
1 228

2 906
1 331
1 597

2 473
1 337
1 586

2 369
1 316
1 574

14.7. ,
, ,
.

171

External Debt
Statistics Guide


14.174. () , , Quarterly
Review , Global
Development Finance .

14.175.

.
.
,
.

, ,

,
.

27
14.176. :
(). , , , ,
, , , ,
( ). ,
. .


14.177. - .
, .
27

172

,
,
.


14.178. ,

, 5.

14.179.
1)
, 2) 3) . 99
1999 .
18 ,

.
,
,
.
14.180. : 1) - / ; 2)
; 3)
-.
14.181. ( ) /.
. 80

1999 . , ,
, (
, , ),
, , ,
. , - .


14.182.

12 Banks and Other Sectors External DebtStatistics


14

, 5.
. , ,
() ,
.
14.183. /
,
, ,
. , /
.
14.184. /,
, 1997

,
.
,
1999 , .
,
. , ,
,
, . , ,
. 19961999 ,

.
14.185. / , / 180 ,
/
, ,
. , , , /, (/
), ; ; ; ,
/ . / -

,

-,
, , .


28
14.186. 1998 ,

(), 2000
,
.

,
. . ,

.
14.187.
.
 .
(1989 ),
(1992 ) (1995 ),

.
,
;
1981 ,
.
 1991 . ,
. ,
,
()

153 .
28

173

External Debt
Statistics Guide

 , 1995
, .
,
, 1998 ,

, .
, , , ,
135 ,

(),
, .
 , ,
, .
, 1991 , ,
1995, , .
 ( )
.
14.188. , , ,
, .


14.189. (
)
.
.
, , , ,
.
, .
14.190. 1980- ,

174

(
), ,
, 1979 . (),

()
.
14.191. , , ,
. ,
, , . ,
1991, S.G. Warburg,
.


.
.
14.192. ,
.

(DMFAS) 29, DMFAS

.
, 11.1 11,
, ,
, ,
, , .
, ,

.
14.193. ,
. ,
29 DMFAS 18.

12 Banks and Other Sectors External DebtStatistics


14

.

, , DMFAS.
, , , ,
.
14.194. DMFAS 5.1.1,
(Debt Sustainability Module Plus, DSM Plus), ()
,
.


14.195. 14.8
30
2000 . 3,57
. , : ,
.



14.196.
1997

1999 .

14.197.

. , , ,
,
, (
),
(),
, .
, .

14.8.
30 2000
( )






,
( )
/

2 927,9
592,4
259,0
110,1
148,9

81,9
16,6
7,2
3,1
4,2

333,5
53,8
3 574,0

9,3
1,5
100

: .

14.198. 1999 , ,

, ,
, ,
. , , .
, .


,
, .

14.199. ,
.
, , ( ) , , (,
, , ),
,
, . ,
, 14.8.

175

External Debt
Statistics Guide


14.200.
,
,
95 ,
.



1997
1999 . . ,
, , .
14.201. :
;
;
;
;
;
;
, ;
, ;

;

;
.
14.202. ,
.
, DMFAS,
, . ,
,
. , DMFAS
( ,
)

. , , -

176

- ,
. .
14.203.
, .
, ,
. ,
,

.
,
. ,
, , .
,
. , ,
COFACE
(), Centenary Rural
Development Bank.

, , ( ).
14.204. , , (,
), ,
, , ,
,
. . , .
.
14.205. , , ,

, .
,
,
.
, -

12 Banks and Other Sectors External DebtStatistics


14

, ,
, , S.G. Warburg.

14.206. ,
, ,
,

. ,
, -,

, .
,
,
.
14.207. ,
. , DSM Plus
, ,
(Debt Pro).

177

III

12 Banks and Other Sectors External DebtStatistics

15. :
,



15.1. .
,
,

.
.

15.4. ,
. , . ,
() , , ,
,

( , ) .
, , ,

. , , , , . ,
, .
: ,
.

15.2. , , . ,

,
,
: , .
, , , ( ,
), .
.
15.3.
(),
,

.
,
.

, , 23
2000, http://www.imf.org/external/np/pdr/debtres/index.htm ( ), .

15.5. ,
. , ,
, , ,

.

 ,
.
 (Calvo, 1996), p. 208.

181

External Debt
Statistics Guide

.
, , , ,
,
. ,
.

15.6. (.. ,
) .
,
,
,
.
, ,
, (
/ ) .
, ,

;
.

, ,

.

15.7.
. ,
,
.
(Krugman, 1996) (Obstfeld, 1994).
,
.

182

, , , .
, , , ,
, - , ,
,
, IV, .
15.8. , , ,
(
). ,
,


.
15.9. .
,
,
, , , , .

. , -
(.., , ,
) , , , ,
. -
, ,
, .

,
, ..

15 :
12 Banks

and
,
Other Sectors

External DebtStatistics

15.10. , , , , , ,
. ,
,

. , , , .
, , ,
,
. ,
, , ..,
.
, , , , .
15.11.
, . ,

.

, , , ,
,
. ,
;
,
, .

 , , ,
, , , .

15.12.
, , ,
, , ,
, . ,


(150 )
(250 ).
,
, .
15.13.
, .
15.1.
, : , (,
), ,
,
, , ; , ,
.. , ,
, .



15.14.
.

,

,

.
. Andrews and others (1999);
http://www.imf.org/external/pubs/cat/longres.cfm?sk=3448.0.
V ,
,
, .

183

External Debt
Statistics Guide

15.1.


, , .
,
.
, (

).
, , ,
, .
, , ,
, ,
.
,
.


, .

.
.

, .


.
.
.

, ,
.

, , .
.

184


. ,
.

.
,
.
,
.

15 :
12 Banks

and
,
Other Sectors

External DebtStatistics

15.1 ()

() (
).
.
(, ,
).


( ). ,
.


(
, )

(
)

.
.

:
.
.

:
. :
.
.

15.15. , , .
-, , ,
.
, ,
.
, , , ,
. , -,

, ..

.
, , ,
.
15.16. -, , .
(
)


, , .

185

External Debt
Statistics Guide


, , . ,

, ,
, (. ).
, .



15.17. .
.
, ,
, .
15.18. ,
, ,
,
. ,
,
.
15.19. ,
,


, (.. ).



15.20. -

186

,

(..
), . ,
.
, ,
. ,
, .

10
15.21.

.
, ,
, , ,

. , , .
,
.
,
,
.
15.22. ,
, , ,
. ,

,
,

(
10 , ( ), Global Development Finance.

15 :
12 Banks

and
,
Other Sectors

External DebtStatistics

, ), 11.
15.23.
,
, .
-, , , 12,

, -
.
15.24. -,

.
, . ,

, 13; .
15.25. ,
, ,
, ,
(
) ( ).



15.26. 11 ,
, , , .
12 World Development Report Global Development Finance .

, ,
,
. ,
.
13. Kiguel (1999),
,

.

, - ,
, . , ,
, 14.
15.27. ,

, ;

. , ,
, ,
.

, ,
, .
( ).

.
15.28. ,
, , 15. . ,

1990- , ,
, ,
. ,
14 , 7 ( 7.11).
15. (Lucas and Stokey, 1983) (Calvo and Guidotti, 1992).

187

External Debt
Statistics Guide


16.
15.29.
. -,

.
,
,

. 16. (Berg and others, 1999),
(Bussire and Mulder, 1999), (Furman
and Stiglitz, 1998).

188

, , ,
, . , ,
.
. , . ,
,
, ,
.

12 Banks and Other Sectors External DebtStatistics

16.

16.1. , , ,
,
, .
, ,


.
, ,
, , I .
.


16.2.
, , . , :
 ?

?

?
 ?
 ?

?
 ?
16.3. ,
. 1990-
-

.
,
.
16.4.
,

,
, .
. ,

, ,



.
16.5. , , ,
: , ,
.
16.6. ,
,
, , .
.
, , ,
. ,
,
, -

189

External Debt
Statistics Guide

.
,
,
( ),
( ),



.
16.7. 15, , , ,
, ,
. ,
.
, -
,
. , ,
,
( , ,
)
() .

.
, , ,

, .

 , ,
. ,
,
, , , ,
. , , , .

190

16.8. . , ,
,
(
). , -
,
, - .
. ,
, , , .
16.9.
: , , , . ,

, , , . ,
, . , , ,
, , .

.
16.10. , , ,
, .
, , ,
.
.
, ,
,
.

, .
, ,
,
, ().

12 Banks16
and

Other Sectors

External

DebtStatistics


,
.
16.11. ,
. ,
. ,

.
,
() .
16.12. , ( , )
( , ).

,


.
, ,
, .
, ,
,
.
16.13. , ,
 , ,
, ,

, .
 .
,
, , .
 7,
7.1.

. ,
.


,

. ,
: , ,
, .
, ,
(
),

, .
, .
16.14. .
, , ,
.
( , )
. , ,

; .
,
, ,
.
16.15.
 , ,
.

191

External Debt
Statistics Guide

,

.

, ,
.
16.16. ,
, , .
, , 1980- ,
, , , , .
,
,
.
,
, .
.
16.17.
. , , ,
.
16.18. , ,
. (
),
. ,
.
, ,
, , ( ) (
), , .


,
,
, ( 1993 , . 610612)
.

192


, .
16.19. , ,

,
, .

.


16.20. , ,
.

.

?
,

, , , , ,

,
.
.
16.21. ,
, , , .
, , , .
,
, ,  (Dragoslav Avramovic and
others,1964, p. 67) , , , ,
,

. , ,
,
,
.

12 Banks16
and

Other Sectors

External

DebtStatistics


( ). ,

,
, .


16.22. , ,

.
.
16.23. ,
-
,
, , /
- .
,
, 1999


.
,
.
16.24.
. ,
.
, ,
.

.

(2001).

.
,
(. 7).
16.25. , ,
.
16.26. , /
,
.
. , , ,
.
,
( , ),
, ,

. , . ,
, ,
.
16.27. . , , ,
, , ,
. ,
, ,
. , .
16.28. .
.

193

External Debt
Statistics Guide

; .
, .
16.29. ,
,

, , - (,
). (. )
(. 13) , ,
, - .



()
16.30. .
, , , .
16.31. , , , , .
, ,
. ,
, , .

.
,
,

10. , .
10, , ,

.
.

194

16.32. 11.
, , ,
,
, , , ,
,
12.
.

- ,
. ,
13.
16.33.
. .

,
( )
14.
16.34. ,
,
, , , .

. ,
, , . ,
11 . ,

/
.
12
. , , .
13
,

, , .
14 ( ) ,
,

, ( ).

12 Banks16
and

Other Sectors

External

DebtStatistics


( ), ,
, .

, ,
. ,
.
/ ,
.
16.35. ()
.

.
, .
, , .

,
,
, ,
.
16.36.
,

, .
,
, .
. ,
,
,

, , ,
. , ,
-


. , , ,
.


16.37. ,
.
16.38.
.
, , ,
, ,
. . ,
.

, , (
) ().
, , .
16.39. , .
,
, ,
. , .
, .
,
,
. ,
-, , ,
. ,
,
,
.

195

12 Banks and Other Sectors External DebtStatistics

IV

12 Banks and Other Sectors External DebtStatistics

17. ,

17.1.
:
 Quarterly Review
,

( )
( );

(International Financial
Statistics) (The Balance of Payments Statistics Yearbook)

(5);
 External Debt Statistics
;
 Global Development Finance

.
17.2.
. , ,
2000 , ,
, .
Joint
BIS-IMF-OECD-World Bank Statistics on External Debt
( , ,
).


17.3. :
()
.

Quarterly
Review ,
,
(. ).

()
17.4. 17.1 . . ,
1970- ,
- ( ). ,
1980-
,
-.
,
. ,
,
2000 .
17.5. - ,
,
. BIS (2000a). , . -,

, , ,
. -,

. -,

. , , .

199

External Debt
Statistics Guide

17.1.

/
/
/

. -,
, , ,
( ,
/ ).
. -, ,
/
,
. ,
. , .
,
-,
, , .
17.6.
/ .

, , ,
.
, -
, -.
,
, ,
,
.
. IMF (1992), pp. 5462.

200


, ,
,


( ),
. ,

, ,
.
17.7. / ,
. ( ),
.

(, ). , 1999
,
( ),
( )
. , , , , :

, , , , , . ,

,
, (
).
17.8.
,

17
12 Banks

and
,
Other

Sectors

External DebtStatistics

17.2.


( ,
).
, ,

. ,
,
( , , ).
17.9.

, .
, ,
( ,
). , ,
,
.


17.10. 17.2 , ,
,
. .
. Basel Committee on Banking Supervision (1982). , 12,
1998
. .
 , -,
( ),
, .


, , ,
, , ,

,
. ,
-. ,
, .

( , )
. ,
- . ,
,
, ,
, .
17.11. : ; ; (
); .
,
( )
. , ,
, , ,
.
17.12. , (
)
, , ,

.
,
, -

201

External Debt
Statistics Guide

(
),
/ .
.


17.13.
. (International Financial Statistics (IFS))

(Balance of Payments Statistics Yearbook (BOPSY)).

1984 . 5.
1993 , , , .
63 .
17.14. , . , :
1)
( ); 2)
. , , , ,
. ( 1993 ) ( )

.
17.15. , ,

/ . , .

, 

. XXIII 5.

,
.

202

, ,
.

. , 1993 , ,
, , , .
17.16. , , , ( ,
..), , .
,
,

. ,

.
.


()
17.17. ,
.
 ( )

()
External Debt
Statistics,
, , (. ).
 , , ,
. , , .
IV.

17
12 Banks

and
,
Other

Sectors

External DebtStatistics


, ,
, , -
- ,
()
Geographical Distribution of Financial Flows to Developing
Countries Development Co-operation Report.
17.18. External Debt Statistics,

.
, , (
),
.

( , )
( -).
, / . ,
, , , , ,
.


17.19. 1967 . ,
, , ,
, ,
.
17.20. /. : ( 1); /,
( 1); , ( 1).
/:
, -

, /, ( 2); -

( 3); -
( 3); ( 3). 2
,
3, 3 3
. 3, 3 3 .
17.21.
.
,
, ,
, .

, .
17.22. ,
, .
. , ,
, ,
,
, ,
.


/

17.23.
,
, ,
. (
), ()/ ,
, /, /,

-: http://www1.
oecd.org/dac/htm/crs.htm.

203

External Debt
Statistics Guide

, .
17.24.
/ , . , ,
I . : 1) , ,
; 2)
, - 25 ( 10 ).
, II ( ),
, 10. /, , -.
17.25.
. ,

, /, , ,

().
17.26. . ,
,
,
, ,
-.

17.27. , , , .
10 , , , , .

204

- , , .
, , ,
.
, , .
17.28.
,
.
,
,
, , .
,
, , ,
.
17.29.
.
,

, , ,
, , .
:
. .
External Debt Statistics
,
.
17.30. -,
-. ,
1993 .
, .
, ,
-.
, -

17
12 Banks

and
,
Other

Sectors

External DebtStatistics

, , ,
.

, .
; , ,
, ,
(
) .



17.31.
, , ,

( ).
: ,
.
,
.

17.32.
; ,
,
. ( ) ,

, (
5).

17.33. ,
, .
, -

, , ,
.
,
.
,

.

17.34.
,
5. 5,
, -. ,
5, ,
( 5). 5

,

( 5
; . 8
, 8.33).
17.35. , , ,
:
.
, . (
) ( , ,

)

. ,
, ,
,
.

205

External Debt
Statistics Guide

17.36. ,
, .
,
( , ),
, .
, ,
. , , , , , . ,
, ,
,
( ) (
),
,
11. , , (
).
,
External Debt Statistics .

17.38. ,

, , ,
. ,
,
, ,

,

,
.
, , .

17.37. ,
, ,
, , . -
,

, .
11

. ,
,
.

206


17.39. -
().
, Global Development Finance (GDF)
( World Debt Tables). World Development Indicators
, ,
(
. ).
17.40. ,
.
.
, ,

.

, , . ()
, -, ,
.
, ,
, -

17
12 Banks

and
,
Other

Sectors

External DebtStatistics

( ).


17.41. 1951 , . (
, ), ,
.

.
17.44. , .

, ,
, , .

17.42. ,
, , . 136 :
, ,
, .
.

() 1 1,

,
, 2.
,
4.
,

, ,
12.

17.45. 1 ,
, ,
. ,
,
.

17.43. 1

,

.
, -

17.48. 2
.
( ) ,
.
, , , ,
. -

12 Global Development Finance; .


http://www.worldbank.org/prospects/gdf2002/vol1.htm.
GDF : http://publications.worldbank.org/ecommerce/catalog/product?item_
id=1023868.

17.46. 1 ,
, , , ,
,
.
- , , .
17.47. 1 , 1

, , , .

207

External Debt
Statistics Guide

. , .
2 , ,
, Global Development Finance (GDF).

.
17.49. 4 ,
. , . .,

. : ;
;
;
( ).
17.50. 4 ,
, , -

.


/

17.51. ,
, GDF, , .

, ,
, ,
. , ,
. ,

( )
. . , ,
-

208

,
.
17.52.
. ,
. . ( )
, -
25
10 .
( , ,
),
,
.
17.53. (, ) (, ).
,
, , ,
.


, , .
17.54. .
, ,

( ), .
.

17.55. ,
, (BIS and
others, 1988), .
, , -

17
12 Banks

and
,
Other

Sectors

External DebtStatistics


(. 17.40).

.
( ).
17.56. ,
( ):
,
, , , , ,
. , , , . ,
, , .
17.57.
, ,
. ,
, ;

13.
17.58. , ,
,
.
; , , . .
, (
), .
17.59. .
,

.
, ,
,
.
.
17.60. , :
13 , .


,
; .

: ,
.
17.61.
: , ;
.
, ,
(
: ; ; ;
; ;
; ;
; ) .
.
.
17.62. ()
, , . , ( )
,
,

( ). .
, ,
.
, , .



17.63. ,
, . ,
, , . .

209

External Debt
Statistics Guide

17.64. , ,

. ,
,
,
, .
17.65.
,
. .
17.66. -, - , . ,
, , . ,
, , ,
. , ,
, , .
17.67. -,

.
. , 25 ,

, . ( ) .
17.68. -, /
, ,
.
17.69. -, ,
.
, ,
,
, , , -

210


. ,
,
.


, ,
17.70. ,
, - 14 15 1999 ,
- , 15.
()
.


,
,
(, , ).
17.71. , , : ;
, ;
;
( ,
); 16, (,
,
).
. ,
, .
, ,
-.
175.

, , , .
2001 17.1.
14.

http://www1.oecd.org/dac/Debt/index.htm.
http://www.bis.org.statistics/index.
htm, http://www.imf.org./external/npsta/ed/joint.htm http://www/
worldbank.org/data/databytopic/debt.htm.
16
, , , ,
, .
15,

17
12 Banks

and
,
Other

Sectors

External DebtStatistics

17.1. , ,
,
. . 17.3
http://www1.oecd.org/doc/Debt/index.htm.
(
) (
).
, ,
( , C, E
F ). ( A,
D, J, L M ) ,

. .
A:
J: ( )
M: (
)

.
B: ,

H: ,
(
)

.
C:

, ,
1989 .
()
. (
)
.


. Global Development Finance (GDF)
( )
.
D:
,
. , ,
,
,
, ,
.


,
-.
,
.
,
.
,
, .
E:

(), (),

(),
. , ,

.

, ,
.
F: ( )

, ,
,
() .
, ,
( D I).
,
, ,

.
G: (
)
K:
( )

.
I: (
)
.
,
,
.
1)
2) ,
,
.
,
. ,

, .
L :
.

, ,
,
.
,
, .
, D,

,

.
, ( ),
G ( ), J (
) (
).
N: ( )
,
() .

211

External Debt
Statistics Guide

17.3. , , (1)


( )
(2)
______________________________________________
_________________________

2001

_______________

2001
2002 2000 2001 III
IV
2000
______________________________
( . )

A



A (3)

B ,

C

D (4)

E

F . ( )

,

G (5)

H , . (6)

I (4)




J - (7) (. .)

K - (6) (. .)

L

M (8)

N ( )

B



A (3)

B ,

C

D (4)

E

F . ( ))

,

G (5)

H , . (6)

I (4)



J - (7) (. .)

K - (6) (. .)

L

M (8)

N ( )








C



A (3)

B ,

C

D (4)

E

F . ( )

,

G (5)

H , (6)

I (4)



J - (7) (. .)

K - (6) (. .)

L

M (8)

N ( )









: , http://www1.oecd.org/dac/debt.
(1) , , ; .
(2) B, C, E, F L; A, J ; D,G, H, I, K N .
(3) , , .
(4) . 1998
F D.
(5) . , , , .
(6) , G.
(7) , , . , .
(8) , ,

212

17
12 Banks

and
,
Other

Sectors

External DebtStatistics

17.72. 17.3 ( ) :
( , , ) ,
. , , . ,
,
. ,
. 22 17.
17.73.

,
. ,
, -.
. , 17The lag refers to the BIS International Banking Statistics,
:
1) , which are the core series in the Joint Statistics.
; 2)17
,
.

: ; 3)
; 4) , ,
; 5) -; 6) ,
, . ,

,
-.
17.74. . , ,
/ , . ,
, ,
, , ,
,
, . , .
,
,
, : . ,
, ,
-.

213

External Debt Statistics Guide

18.

18.1.
,

() 2000 .
. , .



(CS-DRMS)
18.2. CS-DRMS, 1985, ,
, , ,
, .
, ,
,
.
CS-DRMS 18.1.
18.3. CS-DRMS
50 70
.

, :
 ;
 , ,
,
;

;

214

 , CSDRMS ;
 CS-DRMS, .

18.4. CS-DRMS
( ,
)
. ,
, ;
, ,
, , , . ,

. ,
CS-DRMS , .
18.5.
(management tools) , , ,
, .

, 60
,
, .
18.6. , -

12 Banks and Other


18Sectors
External

DebtStatistics

18.1. (CS-DRMS)




, :


;

;

,
.



.

,
,

.




.



,
,
.



,
.


.



,


.






.



,

.



, DSM Plus
.


.





.

,
,
.


CS-DRMS




,

.


,
.

, ,
, , .


18.7. CS-DRMS , . , ,




,

,


.

CS-DRMS
Debt Manager
Windows
,

.




.

,


.

,
,

.



.


.

.

Loan Explorer ( Windows Explorer), , , .


CS-DRMS ,
, INFORMIX, ORACLE SQLServer. CS-DRMS ,
DSM Plus,
, , -

215

External Debt
Statistics Guide

MS Excel, . CS-DRMS

, .
18.8. CS-DRMS ,
,
,
CS-DRMS.
- CS-DRMS: www.csdrms.org,
:
Director
Economic and Legal Advisory Services Division
Commonwealth Secretariat
Marlborough House
Pall Mall, London SW1Y 5HX, United Kingdom
: 44-(0) 207747 6430
: 44-(0) 207799 1507
A : csdrms@commonwealth.int.


(DMFAS)
18.9. DMFAS ,

/ . ,
.
18.10. DMFAS , ,
, .
. DMFAS
:
(. UNCTAD, 1993);
;
, . , DMFAS
, .
18.11. 5.2 DMFAS
Windows , Windows
Microsoft Corporation.

216

.
(RDBMS) Oracle
(ORACLE
Development Tools). 5.2
DMFAS (, , ) ,
.


18.12.
, ,
,
.
DMFAS 5.2
,
.
, , ( ).

DMFAS 5.2
18.13. DMFAS
.
,

. ,
, ,
, ,
/ .
.
,
. ,
, , , , ..,
 ,
, :
; ;
; ; ; .
ORACLE Oracle Corporation.

12 Banks and Other


18Sectors
External

DebtStatistics

.
. .

,
DMFAS
18.14. 5.2 DMFAS , .
.
, ,
.
(, ),
(, , ). , :



;
 ;

(
, ); ,
;
 (
);
 , ,
.
. , , .
 .
,
,
, .
 . , (/ ),

, .
.

,
, .

 .

,

, ,
.


DMFAS 5.2
18.15. DMFAS ,
; , , ,
, , .
.
: . .
.

18.16.
, , , / ,
(,
,
..), .
.
 (, ..)
. (, , , ..).

.
 ,
. .

.
.


. , ,
.

217

External Debt
Statistics Guide

 .

18.17.
.
(,
, , ..),
,
.
.
 , ,

.
 ( , ..)
.
 ( , ..).
 .

.

( ).
, , , ,
,
,
.

18.18.
, . ,

.
.
, . .

218

,
. , .
,
.
18.19. DMFAS / : ;
; .
 .
;
.

, .
 . ,
(

).
 . DMFAS

, ,
. ,
1. ;
, .


DFAS 5.2

18.20. DMFAS
: (
), , ..
( ).

18.21. . ( )
,
. -

12 Banks and Other


18Sectors
External

DebtStatistics


, .
.
18.22. ,
:
. , , ,
, ,
.
.

18.23. .
, ().
/ : , , , , , .

.
 , ,

(, , , , , ,
..).
 . (,
), ,
, ,
. , .

(),

. DMFAS
,
.


, .

.
.
(
) .
,
,
. ,
, , , , , ,
. , .
 ,
, . ,
,

, .


,
, .

.

18.24. .
, , , .
DMFAS -

219

External Debt
Statistics Guide

( DMFAS).

, . . . , ,
.


18.25.
.

, , .
.
,
.

.
18.26.
. ,
,
,
, , , . .,


.

DMFAS 5.2

18.27.
, , ,
, ,
. DMFAS 5.2 ,
.

18.28. . 
,

, .

220

.
.
.

18.29. ,
.

, . 5.2 DMFAS
1 2 , ;
, , .
,
18.30.

. ,
, , . ., , ,

/ .
12 , . DMFAS 5.2


.
18.31. DMFAS,
,
,
, ,
, , , . ., . DMFAS 5.2

Oracle Browser. ,
.
18.32. ,
, .
 1: ,
;
 1 2 .

12 Banks and Other


18Sectors
External

DebtStatistics

 2: , ;
 3: ,
.
18.33. ,
.

. , .
 . , , .

5.2 DMFAS.
 . ,

,
.
 . , DMFAS, ,
. ,
,
, .
 . ,


.
, DMFAS .

18.34. .
Oracle Browser Oracle Reports, , Microsoft Access Microsoft
Query,
DMFAS 5.2. ,
DMFAS 5.2
, ODBC ( ),
,
, , ,

DMFAS 5.2. ODBC


, Excel, Lotus 1-2-3
Access. , . ,
,
, Excel , Excel, ,

; , .
18.35. , ,

DMFAS 5.2, .
18.36.
Excel. DMFAS
Excel . ODBC,
DMFAS Excel .


18.37.
(
)
( ) .
,
,

.
, , ,
, .
18.38.

( ),
.
18.39. , DMFAS DSM Plus

221

External Debt
Statistics Guide

,
.

DMFAS
DMFAS

,
,


DMFAS DSM Plus.
DMFAS

DMFAS,


DSM
DSM
Plus.Plus.
18.40. DMFAS
, , :

;
 ,
;
 ()
;
 , , ,
, .


18.41. ,
DMFAS DSM Plus
, .
 , , , ,
.
(, ),

.
 , , ,

222

, ,

.
,
, , .

18.42. DMFAS , ,

.
.

.
.

indows-based
Graphical
user interface
that
W



Windows, field-to-field

includes
navigation,
color screens,

,
,
Windows
standards
with Shortcut
Keysand

Windows

mouse support, easy selection of menu


options

from selection lists, etc.



T
he Code
file
of the ..
system is divided into
standard
 and

user-defined
codes.
This allows
, . country-specific customization of codes, such as
, Location, Economic Sector codes, etc.
, ..,
L
anguage
independence
permits the
language


.
dependent
parts
of
the
systemfor
example,
 ,
menusto
be separated
from
the system
itself.

,
,

In
addition,
the
DMFAS
delivered
with
four

.
, is

DMFAS
standard
languages
included, and
the user may

easily
switch from one
language to
another. This
,


.

feature
is particularly
important
for countries

,
operating
the
system
in languages
(such
as

(,
),

Russian) that they cannot use for reporting to the


World
Bank and other
international
organizations

or creditors. In this way, they will have the option

of producing the reports in English.


Access to system codes allows the user to add,
.
delete, or modify user-updatable system codes,
 . provided
he or
she
has sufficient privileges
(see
,
,
below).
T,
he
user
also fixes
Tolerance
limits
for data

validation
in (.
the system.

).

UNCTAD (2000).
.

18


.

18.43. 5.2


.
,
, ,
.
,
,
(, ),
,
, .

, , .
,
, ,
, (, ).
18.44. Oracle , , , , ,
.
18.45. Oracle , .
.


18.46. , , , ,
5.2 4.1
Plus 5.0 DMFAS,
5.2 DMFAS.


18.47. DMFAS 5.2 .
, , ,
/ ,
, . .

18.48. DMFAS 5.2 (RDBMS) Oracle /. ,


DMFAS 5.2
, ORACLE 7.1 RDBMS
Windows .
Novell, Windows NT UNIX.


18.49. DMFAS 5.2
, :
 ;
 DMFAS (. UNCTAD, 1998);
 ;
 ,
.

.

223

19.

19.1.
, , .
, , .


19.2.
CS-DRMS -

,
, ,
.
.
 ,
.

( , ,

. .),
, .

. CS-DRMS, .
- (, ) .

(CS-DRMS) 18.

224

, ,
.
 , ,
, .

(
, ).
.
 , .
, ,
. CS-DRMS ,
,
. : 100 ,
CS-DRMS;
; , .
19.3.

,
, ,
.
,
, .
 ,
/
( ); ,

19

; .

CS-DRMS ( ) : ; ,
;
, .
 , ,
.
,
.
 c ,
, ,
.
19.4.
, ,
( )
.


19.5. 
( ) , (),
-.

(),
. ,

() , 1 2001 .
(,
).
 , , , , , , ,
, , , , ,
( ).
,
.

( ) .

, .

- / ,
, .

( ()
) ,
1993 , 1995 5.
19.6. ,
: - ; ;
;
(
(), , ..).
-,
. , , , ,
()

( ), (
) .
.
19.7. -
,
1993 1995 ;
.
,
.
19.8. -
, (, ,
, ),
.

225


19.9. , ,
, , ,
.
, ,
-. ,
- http://www.imf.
org/external/np/sta/index.htm.
19.10. ,
.
,
, ,
,
,

.
,

(). , .
19.11.
. ,
,
.
,

,
.
-

226


, .
19.12.
.
,
,

, : 1)
; 2)
, ; 3)

; 4)
,
. ,
, ,
/
.
19.13.
( ), ,
;
,
.
, , ,
.
, , .
19.14.

:
Director
Statistics Department
International Monetary Fund
Washington, D.C. 20431, U.S.A.

19



19.15.
, (), .
- ,
,
. , , ,
.
,

().
19.16.
XXI (PARIS21 the Partnerships
in Statistics for development in the 21st Century).
PARIS21 1999
, ,
, ,
.
, ,
.
. PARIS21
, . (
), (
), . ,
, . , , ,
, , , PARIS21



. . - PARIS21: www.paris21.org.

19.17. ()
, , .
, DMFAS,
,
/
.
19.18. :
 ;
 (
DMFAS);
 .
19.19.
.
 1 , ,
, .
, .
 2 , , ,
, . ,
.
19.20. : , .

, , , .
DMFAS ( ) ,

. 18.

227

DMFAS
, .


19.21. -
, .

.
19.22.
, , .

, , , ,
.
,
.
19.23.
-,
.
,
,
,
.
,
PARIS21, , ,
.
19.24.

,

228

,
( ) , , .
19.25.
(. . 19.1) :
 , ;



, , ;
 ;

, ( );
 ,
, .
19.26. c
, , ,
. , , .
19.27. .


() 1993
,
.
, ,
.

19

19.1. ()











































 













































 










229

,
.
19.28.
.
() (),

.
,
- (  , . ,
, ,
, , .

,

.
2000 .

.

230

).

.
19.29.
.
, ,
, () ().
, ,
,
, ,
.
 , .
-, , -
, ,
, , .

I. 

,
,

.
.
, () , , , .

1.


A
(Letters of Credit)

,
.


,
.

()
(American Depositary Receipt (ADR))
, 
(Financial Terminology
Database) (Bank of England, 1998).

- . , ,
,
. , ,
, , , ,
. ,

. .
. .
(Bearer Depositary Receipts)
(Depositary Receipts).


,
. , -
,
.
, ,
, . ,
,
,
.
, (
, ) ,
, ,
(. 3).
,
.

233

(Bank Deposits)

(Bankers Acceptances)

, , .

-

, -, / . ,
( , , ,
), , , . ., (
)
.


,
.

. .

-; ,
,
.
,
, .
,
-. , ( , ),
. , 270 .

, .
, ,
( ), ,
.

,
-, , , . 1993
,

.
, .
, ( , ),

.
,
. ,
, ,

(.
3).

234


(Perpetual Floating Rate Notes)
,
,
. , , , ,

.
.


,

.
-

.
, ( ,
), . , . ,
, , (.
3).

(Warrants)
, , ,

, , .
, , , , ,

. ,
. .

(Military Debt)
, .


(Participating Preferred Shares)
,

(
). . (Preferred Shares) (Non-participating Preferred Shares).




. , ,

, : .

(Dual Currency Bonds)


, ,
, / , ,
.
, ,
, , .


. ,
( ,
),
.
, . , ,
, (. 3).

235

(Depositary Receipts)
-
, . -
,
.
. .
(American Depositary Receipts)
(Bearer Depositary Receipts).

, . ,
,
. .
, .
,
( ,
),
. , . ,
, , (.
3). , .
, , :
.


(Bearer Depositary Receipts (BDR))
, , . . (Depositary Receipts).

236

, .
, -
, .
. ,
, .
, (
, ),
.
,
. , ,
,

(. 3).

() (Certificate of
Deposit (CD))
, ,
.
( ).

, , ,
, .


.
: ; ;
- . , , ,
,
.

.
,
( ,
), . , ,

,
,
, , , ( ). , ,

,
(. 3).

(Deposits in
utual ssociations)
() ,
, - , ,
.., . .
(Bank Deposits).

.
,
. ,
.
. ,
,
, .
.
.

.
, ,
( ).

(Currency Pool
Loans)
,
, ,
, ( ) .
, 90

1 /125 /
1. 1991 ,
1 /125 / 2 (
, ).
-

, -, .
( ).

(Gold Swaps)

, .
, ( ), ,
, , ( ), . ,
() . . II; .
() (Repurchase Agreements)
2 .

, , , ,
, .

( ).

237

(Foreign Bonds)


. , (
, ).
,
, ,
(. 3).

,
-
, ,
. . ,
, ,
(
),
.

( ), ( ) (
).

(
),
. , ( ,
), .
, .
,
, ,
(.
3).

(Money Market
Instruments)
, .
, , , ,
.
, , , ( )
, .

238

(Equity)
, ,
, ,
.

, ,
. ,
, :
.

(Use of
IMF Credit and Loans)

- , .
-, , ,
,
.

- ,
( ). ,

. , , ,
.

(Treasury Bills)
;
.
, , ,
,
.


,
, .
, ( , ),

. , , .

(Commercial Paper (CP))




,
.

,
, , -. ,
() , .
. 100 000 1 .


.
.

,
, ,
, ,
.


.
, (
, ).
, , ,
(. 3).

.

(Convertible
Bonds)
, ,
, . ,
,
, , .
.
.
,
. ,
,

, . ,
,
.


. -

239

, ( ,
), .
, .
,
, , (.
3). .
. ,

, : .

.
,
, .
,
, , , , , ,
,
, ,
( / )
, .

,
, , .

(Credit-Linked Note)
,

.

.
, ( , ). ,
, , (.
3).

.

(Credit Derivatives)
,
.
, .
()
(), (

). , , -

240

, ,
.

(Loans)
,

,
, , .
, ( ), . ,
().
().

, ,
(
). ,
, , (.
3).

(Currency)
, .


- (, , ), , ( ).


(Nonparticipating Preferred Shares)
,
(
) , . ,
( )
. . (Preferred shares) (Participating preferred shares).


,
. ,
( ,
), .
,
, . ,
, ,
(. 3).


(Nontraded Debt)
,
- .


(Variable Rate Notes (VRN))
.
,
,



. ( )
-. ( ),
. ,
- .

.
, ( , ), .
,
. , ,
,
(.
3). , ,
.

()
(Collateralized Debt Obligations)
()
, .
, , .
, ,
,

241

, .
, .
, ,
.
.

. , ( ,
), . , . ,
, , (.
3).
, .

,
.

(Brady Bonds)
,
,
.
1980- , .
- (,
, ). -
, .

. ( ) 30- ,
-
,

242

,
.
,
-.
. .
, . ,
, ,
. .
. ,
,
, .
.
, .
, ,
, ,
.
, . , ,
.
,
.


. , ( , ).
,

. (. 8).
( )

.

,
(Currency-Linked Bonds)
, /
.
,
1994 .

,
.
.

, , .
, ( , ), .
,
.
, , ,
(. 3).

(Bonds and Notes)



. , ( -)
.
.
, ,
.


.
, ( , ). ,
,
,
(. 3).

/ (Equity Warrant Bond


(Debt-with-Equity Warrants))
, , -

,
.
. ,
, .

,
, , , .


,
.
, ,
. , ( ,
), .
, .
, , ,
(. 3). .

(Zero Coupon
Bonds)
,
. ,
.
, .
, .
:

243


;
( ) (
,

);
,
,
,

;
,
.
. (Deep
Discount Bonds).


. , ( ,
), .
, .
,
, ,
(.
3).


(Bonds with an Embedded Call Option)
,
. .


. -

244

, (
, ),
. ,
. , , ,

(.
3).


(Bonds with an Embedded Put Option)
,

, ,
. , , .

.
, ( , ), .
,
. , ,
,

(.
3). , .

(Deep
Discount Bond)
,
. .
(Zero-Coupon Bonds).

. , ( ,
),

. , . ,
,
,
(. 3).


(Variable-Rate Bond)
, (
)
, , ,

.



. , (
, ),
. ,
. , , ,

(.
3).

(Equity-Linked
Bond)
.
,
( , ) ,
.
,
,
, ,
.

. , ( , ),
. ,
. , ,
, (.
3). , .

. ,
, : . .
(Equity Warrant Bonds) (Warrants).

(FixedRate Bond)
, . . (Variable-Rate Bond).


.
, ( , ), .
,
. , ,
,
(.
3).


(Reverse Security Transactions)
. II.

(Operational Leases)

,
,

245

, .
, , ,
, ;
; ( )
, .
; ,

.

(Mutual Fund Shares)


, ,
.
( ), (
).

,


. , ,
, , .
,
, , .
,
, .

(Options)

, , ,
( ) ( )
( )
.


,

.

(Balances on
Nostro and Vostro accounts)
( ) , , , (
) , .

246


, , ,
( ).

(Permanent
Interest Bearing Shares (PIBS))
, .

, ( , ) ( ).
.
,
, ( ) , ; ,

, ; -

,

( ,
).
,
. , ( , ),
. , . ,
,
,
(. 3).

(Preferred Shares)
,
. , ,
: , ,
, .
.
, , .


, , ,
, .
.
(Nonparticipating
Participating Preferred Shares), .

,
, ,
().
,
. .
(Paris Club), (creditor)
(consolidation period) III.


/
.
, . ,
,
,
.

(Promissory Note)

.
. ()
. , , .


, . , ,
. , (
, ), .
, . ,
,
,
(. 3).

(Arrears)

(Other Accounts Payable and Receivable)

, . -


(. ) , -

247

, , - , , .


.
(
). ,
, ,
(. 3).


(Miscellaneous Accounts Payable
and Receivable)
. (Other accounts payable receivable).

, , () (Nondeliverable Forward
Contracts (NDF))
.
.
,
. ,
, .
,
, .

, ,
.

248

(Total Return Swap)


,
, ( ) , .

,
,
.

(Swaps)
,
, , ,
, . , .

, ,
.

(Land Ownership)
,
. , , .

,
-, ,

, : .

(Medium-Term Notes (MTN))


, , ,


.
, ,

, .
, ,
.


.
, ( ,
), .
,
. , ,
, (. 3).

(Structured Floating Rate Notes)



(o
, , ,
).
,
. ,
,
. ,
,

.

, . , ( ,
), .
, .
,
, ,
(.
3).
.

(Structured
Bonds)
, ,
/ .


,
,
. , (, ,
,
).



, ,
.
, ( ,
), . , . ,
, , (.
3). .

249

(Commodity-Linked Bonds)
,
.
, .

, ,
.
, ( , ), .
,
. , ,
,
(.
3).

(Commodity-Linked Derivatives)
(),
. .


.
,
, ()
()
.
,

,
.

.

,
, -

250

(Trade Credit)
, , ,
( ) .
; , / .

, , . (
). , , ,

(.
3). 1993
/ (
1993 , 11.100).

(Equity-Linked Derivatives)
, .
.
,

.
, , , (
) ( )


.
,
,
, .

,
,
.

(Foreign-Currency-Linked
Derivatives)
, .
:

,

;
, /
;
,
, ,
;
, , ,
.

, ,
.

,

;
,
,
,
(
, );
,
( 100
),
.


,
, .


(Forward-Type Derivatives)
, ( )
, , ,
(), , .
,
.

(Interest Rate-Linked Derivatives)

,
.
:

, ,
.

251

,
(Asset-Backed Securities)
, , , .
, , , ,
. .
:
( ), , ,
,
. .
, ,
.
,

,
. .
,
, , , .

,
, .
, ( , ),
. ,

. , ,
, (.
3).
,

252

.
, .

,
(Mortgage-Backed Securities)
, ,
. .
, (Asset-Backed
Securities).

.
, ( , ).

()
(Stripped Securities)
, , ,
,
.
.
, , (
);
, (
).

; , , , ,

.
, , ,
.

(),
,
. , (
), ,
( ) (
, ).
, , ,
(. 3). ,
. ,
, ;

. ,

,
, .

(IndexLinked Securities)
/ , , ,
.
,
/ ,
. ,
(,
),
,

. , ,
.

, , .
, ( , ), .
,
,
. , ,
, (.
3). . ,
, , ,
,
.


()/
() (Note Issuance
Facilities (NIF)/Revolving Underwritten Facility (RUF))
, /,
,

, . ( ) -

-.

: - ,
,
, .
1980- .
,

253


, .
1990- , .

, /
,
.
,
( ,
). ,

. , , ,

(.
3).

2.

(Defeasance)
(defeasance) ,
-
, .


. , , .
, - ,
,
.


, -

254


, ,
.
,
, , -,
.
8.



. ,
. - . ,
,
.



, .
2 ,
, . ,

, .
,
-, ,


.
,
.
 2 - (2000).

, .

, ,
.

, ,
.


, ( , , ), ,
.

:
:
;
,
,
;
,
,

.




. , (, )

, , . ,
,
.
, -

. ,
,
, . ,
(, ),
/
,
(, ) .
, , ,
, .



()

.
, . . , (), ,
/. 2,
,
- .
, ()
, , . -
.


5 , , -,
, . ,
. , -

255

-. ,
( ).

, ,
.
,
, , -
,
. ,
.
, ,
, , , .
(. ,
).



, ,
. , , ,
, , . ,

. , ,
, ,
. ,

, .
, ,
, .

256

,

, , ,

, .
, , , , ,
, , .
, , ,

/ (


-, ). ,

.
, , , ,
- -.
-
,
.
, ,
, , ,
,
. , () -


,
, ,
,
.

,

, .
.

, , . ,
.


( , , 1 2 2).

:
?
, , ,
. ,
, - .
, ,
, , .

():

, ,
, .
(,
, ),
,
, .
, , ,
-

.

, , , . ,
, , ,
.




,
, , (,
..). (, ),
.

,
, ,
.



.
, , , ,
,
. .

:

3, , , -
, . ,
. ,

257


, .

. ?
, , ,
. ,
,
,
.
. , , ,
.
(, 1996, . 168)
, .

, , , -
,

. , , ,
, , , ,
.


, ,
, .
.
.


,
,
, . ; , , .
,
(,
, ..).

258


, () ( )
() , .
,
.
,

.

II. 

1.
,

, ,

, .
(),
.
,

,


.
2. 3, ,
, , .

, ( )
.
3.
, .

 , , .
, ,
, .
.



()
4. (
)
.
( ) .
;
, , . , ,
, , (
), ,
/, ,
, .
,
,

.
5. . , ,
( ), (

. , , .

259

External Debt
Statistics Guide

). .

, ,
, - .
.
6. :


,
;
,


,
;

( )


;


,
, ,


,
,
;
,

(, ) .
7.
,

,
.
-

260

.

, , (,
, ),

, .
8.
, , , ,
. ,
.
.
, , ,
( ,
).
, .
9.
. ,
, ,
, , , .
,
(

), . , ,
, ,
,
, , , . ,
 :

;
, , ,

.

Appendix
Reverse
Security
Transactions

II II

- , .
10. , ,

, , .
,
, . (
) ( ).
,
.
, ;
, .
.
11. .

, .

, , .
.
, ,
( -
, , ).
. ,
,
.
,
,
 .

, ( 25 ) .
12. ,
( , ), ,
, ,
. ,
.
, , , ,
. 4
,
, : 1) ; 2)

, .


, , , .


13. ,

, .
,
(, ).

.
14. , ,
,
,
( ) ,
/, -

261

External Debt
Statistics Guide

, , .
, , , ,
, .
.
.
,
, ,
, .
15. .

.

.
, .

262

, . ,
, ,
, ,

.
17. ,
,
,
. . ,
,
,
.

, ,
.

16. .

( ) .
, ,
,
.

, ,
,
.

18.
,
, , , .
,
(. ). ,
, ,
, . , , ,
, , .

 , , ,
, (, ).
,
.

19. ,
, ,

, -

Appendix
Reverse
Security
Transactions

II II

. ,
, ,
( ) , .
, 4 ,

, : 1) ;
2) ,
.


20. ,
2.1 ,
, .

, , ( )
. ,
, , 100,

95.
,
.
, .
, . , 1(b)
(1()),
(1(b));
1()

(1()),
(1()).

6 , ,
,
. .

263

External Debt
Statistics Guide

2.1. :






___________________________






(+ = ) (+ =)
1.
(a)

(b) 1 (a)

(c) 1 (a)

(d) 1 (a)

(e) 1 (a)

2.
(a)

(b) 2 (a)

(c) 2 (a)

(d) 2 (a)

(e) 2 (a)

+95

+100

+95

+100

100

+95

+100

100

+95

+100

+95

+100

100

100

+95

+100

100

100

+100

100

+100

+100

100

+100

+100

+100

100

100

+100

100

100

100

3.
(a)



(b) 3 (a)



(c) 3 (a)



(d) 3 (a)

100
(e) 3 (a)


4.
(a)



(b) 4 (a)



(c) 4 (a)



(d) 4 (a)


(e) 4 (a)

+100

264


,
:

___________________________________________



(+ = )
( = )

Appendix II Reverse Security Transactions

III.

A
(Export
Credit Agency)

, (Reporting
Banks)

, , .

, ( ,
), , .


( )
(Debt Sustainability Analysis)

() (Heavily Indebted Poor Countries


(HIPCs))


.
, , ,
.

, 41 ,
. ,

() (, ,
) ,
.

(Arbitrage)
( ) ( )

.

() (Bank for
International Settlements (BIS))
1930 .

. :
; ; ;
-
.

(Berne Union)
. , 1934 .


, , . ,
50, ,
, ,

. -,

265

External Debt
Statistics Guide

. , ..

() (Gross
Domestic Product (GDP))


(Debt-Service-Reduction Option)

, -. .
1993 , 2.1712.174.


, ,
, (. .)

() (Gross
National Product (GNP))

(Upper-Middle-Income Countries)

- . .
1993 ,
7.16 7.17. 1993
.

, .
. ,
1990- , 15
23 .
10 , 56 . ,
, ,
, 2000 2996
9265 .

(Currency of Transaction)
,
. ,
. (,
) ,
(, ).

(Currency of Reporting)
, , / , . .
2, .

,
(Long-Maturities Option)
,
, .

,
(Debt Reduction Option)

, ,
,

266

. . (.
.)

(External Debt)

, ()
/ () .

(Public External Debt)


.

(Recoveries)
, -,
.

Appendix
III III
Glossary
of External
Debt Terms

(Debt Buyback)
, . ,
.
, .


,
; 2)
, ,
.

(Amortization Schedule)

(Loan Guarantee)
,

, /
, .

- () (Geographical Distribution of
the Flows of Financial Resources to Aid Recipients
(annual))
,
,
.
, ,
.

- (Grant Element)
/,
/ , ,
. 10 (.
,
).


(Technical Cooperation Grants)

: 1) ,
, , -


.


.


(Principal Repayment Schedule)

.

(World Bank Group)


1944 (
)
:
(); ();
(); ()
().
;
( )

.
, ; ;
; , .

(Cutoff Date)
( /
-

267

External Debt
Statistics Guide

), ,
. , , ( ).

,
.

() (Maturity Date
(Final))
,
. (.

.)


(Commitment, Date of)
, .


(Bilateral Rescheduling Agreements)
,
-
-. .
,
.

( ) (Graduated Payments or
Blended Payments)

, ,
.

,

:
, ,

268

- (StandBy Arrangement)
1952 ,
-
.
,
,
, - . -
-
. -, ,
(
). 3!/45 . 2!/44 ,
.



( )
(Arrangement on Guidelines for Officially
Supported Export Credits (OECD Consensus)
( )
,

. ,
,

.
, ( -), , ,
, , ,
. , : ,
.

(IMF rrangement)
-,
-, -

Appendix
III III
Glossary
of External
Debt Terms


. - (),

().


(Public Debt)

.

(Bilateral Debt)
,
.

(Debt Default)
, , .
, ,
. , , , -.

() (Debt
Instruments)
, ,
, () ()
, .
, ,
, .

( , )
,

() .

,
(Post-Cutoff-Date Debt)
. .

(Debt Swaps)
,
, ( ) ,
,
- (
).

(Prepayment)

,
, .

.

(Long-Term
External Debt)
.
, . (.
.)

(Prepayment)

,
, .

.

(Duration)
.
/ , ,

.
.
,
.

(Bullet Repayment)

.

269

External Debt
Statistics Guide

(TiedAid Loans)
,
-
-.

() (Insured (Guaranteed) Export Credit)


, ,
,
, (.
).

(HIPC Initiative)

(),
1996 .
, , ,

.
1999 ,
,
, ,
,
.

(Foreign Currency)

, .

(Institutional unit)
1993 , , ,
, -

270

. ,
, ,
. 1993

, ,
( 1993 , 4.2).

(Institutional Sector)
, . (.
.)

(Exceptional
Financing)
( ) , ,
,
. ,
.
, ,
. , , , ,
.
.

(Capitalized
Interest)


.

,
.
, (. ),

Appendix
III III
Glossary
of External
Debt Terms

, .

, .

(Capital Transfers)

(Commercial Risk)



, , .


,
, / ,
( ,
,
, ).

(Sector
Classification)
1993 5

.

( )
(Quantitative (or Cover) Limits)
, . ,
- .

()
(Development Assistance Committee (DAC) of the
OECD)
1960
, ,
. ,
. , -,
. ,
, , , , , ,
, , , , ,
, , ,
, , ,
, , , ,
.

(Commercial Credit)
,
,
(). , ,

(Debt Conversion)
(,
)
(,
, ).


(Bilateral Deadline)
,
.
, , , .

(Consolidated
Reporting)
,

, .
, .
,
,
.

(Consolidated Amount or
Consolidated Debt)
-

271

External Debt
Statistics Guide

(
) (Debt-Service
(-to-Exports) Ratio)
( ) , (
, ) .
. .


(Short-Term Commitments or Credits)

,
, (

).
, , .

(Short-Term Debt)
,
.
. (.
.)

(Credit)
,
. , , , ,
,

, ( ) .
.

(Fund Credit)
. I.

272

(Buyers Credit)
, , -
- -. .
,
(, ).

(Suppliers Credit)
,
.

(Credit Guarantee)
. .

(Line of Credit)
, ,
, . ,
/ .

(Creditor)
, .

,
( de minimis) (De Minimis Creditors
(or Clause))
, ,

.
. , , , .

Appendix
III III
Glossary
of External
Debt Terms

- (Stand-by Credits)
,
.


() (Official
Development Assistance (ODA) Loans)
, ,
, .

(Leverage)

.

(Lyon erms)
. .

(London erms)
. .

(London Club)
, .
,
.

(Concessional
Restructuring)

.

:
1988 , ( );
1991
(

); 1995
( ). 1996

80 ( ), , 1999 , 90 (
).
. ( ) ,
.

(Concessional Loans)
,
,
. ,
, , ,
. , , .

(Grace
Period and Maturity)

.

.
: .

()
(International Development Association (IDA))
, 1960 , .

: 10- , 40- .


( ) (International Banking Business
(BIS Data))
-

273

External Debt
Statistics Guide

, (
) .


() (International Investment Position (IIP))
, .
, ,
.

() (International Bank for Reconstruction


and Development (IBRD))

() 1946
. (.
).

()
(International Monetary Fund (IMF))
1945
,
- ,
184 -. - ,
,
.
-,
, .


() (International Security
Identification Number (ISIN))
(ISIN) ,
() , .

() , -

274

ISIN.
ISIN VII
Coordinated Portfolio Investment Survey
Guide, 2nd edition (
) (IMF, 2002).


(International Interbank Market)
, ,
,
( ).

()
(Extended Fund Facility (EFF))
, 1974
- , , ,
,
. -, ,

( , ) ,
12.
-,
.
410 . (.
-.)


() (Enhanced
Structural Adjustment Facility (ESAF))
. ().
() 1999 .

() (Poverty Reduction and Growth


Facility (PRGF))
, 1999
().

Appendix
III III
Glossary
of External
Debt Terms

,


().
,
, - (). ,
, -

,
.
0,5 . 10 ,
5!/2 . (. .)


()/

() (Structural Adjustment Facility (SAF)/
Enhanced Structural Adjustment Facility (ESAF))
, 1986 , .
1987 , 1996
. 1999 . (.

.)

(Multilateral
Creditors)
, ,
.

(Completion Point)
(. ) ,
,
, .


, ,

, . (. .)

() (Decision
Point)
,

, ,
.
,
. ,
.
,

:
150 ;
, . (. .)


,
, , ,
. ,
,
.

(Face Value)
, (, ). , ,
,
. ,
,

.

275

External Debt
Statistics Guide

(Domestic Currency)
, -
,
.

(Nationality)
, .


() (National Numbering Agencies (NNA))

(ISIN).

(Naples Terms)
. .

(Unrecovered
Claims)
. .

(Nonconsolidated
Debt)
, . , , .

(Undisbursed)
, ,
.
,
-.

() , .

(Nominal Value)

, ; -

276

.

, , ( ),
( ) . ,
()
; . 2. (.
.)

(Debt Relief)
,
.
,

/ , .
; ,
. ,
, , ,
,
, ( )
( ).


(Debt-for-Charity Swap)
, (),


, .

Appendix
III III
Glossary
of External
Debt Terms

(Debt-for-Equity Swap)
, ,
,
, . ,
, , (,
) ( )
.
,
.

,
,
, .
( ),

.

( ) (Total Official Flows


(Gross or Net))


(Debt-for-Nature Swap)


() ().

- - ( ).

,
, , .


(Commitment)

(Debt-forDevelopment Swap)
, ,
.
(),
, (
). , ,
-.

(Debt-for-Commodity
Swap)
, -.
.

(Debt Service)
, .


,

.
(. )
, ,
-, , ,
.

(Goodwill Clause)
,
, ,
-, ,


.
.

(Transfer Clause)
,

277

External Debt
Statistics Guide

,

.


() (Debt- and DebtService-Reduction (DDSR) Operations)
, ,
, ,
( ), .
, ,
.
,

. 1989 .

(Stock-ofDebt Operation)
, .
1991, , ,
1996
, (.
) : -
.

(Claim Payments)
,


-.

,
.

278


() (Organization for Economic
Cooperation and Development (OECD))
, .
,




. -
.
, , -,
, .

(Principal)

, ,
.

,
.

(CrossBorder Positions)
.

(Remaining
(Residual) Maturity)
.



(
) (
), .

(Repudiation of Debt)
, .

Appendix
III III
Glossary
of External
Debt Terms


(/) (Present Value of Debtto-Export Ratio (PV/X))
() ( ) ().

().
/ /.

(Deferred Payments)

, ,
, , .

()
(Official Development Assistance (ODA))
,


- 25 ( 10 ).
,
-, , (
) .
,
. , .


() (Official Development Finance (ODF))
, : 1) ; 2) (,
, ); 3) ,
. () .

- .
/,
.

(Offshore
Financial Center)
, , ,
/
, . ,
. ,
,
, .

(Paris Club)
-, 1956
; .
- , ,
.
, ,
. ,
, - , ,
-.
1997 .

(Late Interest
Charges)
,
, ;
.

(Official
Development Bank)

(Original
Maturity)


, -

/ .

279

External Debt
Statistics Guide

(Termsof-Reference Rescheduling)
,
. ,
-
; .

(Debt Rescheduling)


.

, ,
.

, (
). , .
,

- .

(ClaimsWaiting Period)

,
.

(Repayment Period)
(Flow
Rescheduling)
,
, , , ,
. (. .)

(Rephasing)
.


(Reinsurance
by Export Credit Agencies)
,
(

). ,
,
. ,


.

,
.

(Balance of Payments)
,
. ,
, ,
; , ; , (, ).


(Interbank Positions)

.

() (Stock Figures)
.

(Cover)
(Consolidation Period)

, -

280

Appendix
III III
Glossary
of External
Debt Terms

, ,
,
.

; , , 90
95 . (. .)

(Political Risk)
.
,
, ,
, ,
.
,
, .

, (Grant-Like Flows)
/, ,
- - . -
,
. ,
.
( 5. 5 : ,
,
.
.)


(Affiliated Enterprises)
, , , , ,
.
, , ,
/ . . OECD Benchmark Definition
of Foreign Direct Investment (OECD, 1996, . 912),

(Premium)
,
( )
. , . ,
,
-. , , .

(Present Value)

.
, , , ,
.
,

. .
100 . . 3 , 6 .
8 ,

. ,

, , ,
8
( ) 100.
(B) ,
() , :
(B) < (C) < 100.
(B) (C) , ,
, , . , -

281

External Debt
Statistics Guide

, , ,
, . : 3 ,
6 8, .
, , ,
( ),
. , , ,

.

(Host Country)
,
.

(IMF Adjustment
Program)

() (Debt Assumption)

-
,
-. ,
,
, -,
-,

. , ,
, .

() ( ,
).

( ) (Financial Derivatives)

(Comparable
reatment)
, ,
.

(Standstill)
-
-

. ,

.

(Rights
Accumulation Program)
1990
, -,

282

, ,
,
.
,
1989 , .
,
, ()
();
.

, ,
.
,
. ,
, . ,
, , . ,
,
.

Appendix
III III
Glossary
of External
Debt Terms

(Interest)

(
) , . ,

, , .
, . ,
,
, , ,
( ()),
, , ,
. (. .)


(OECD Working Party
on Export Credits and Credit Guarantees)

(Moratorium Interest)
, .

- - . , ,
,

,
ee e.

(Other Official Flows (OOF))


-,
, , -
25 ,
.
, .

(Debt Forgiveness)


.

,
, . 28 29 ( ).

(Previously
Rescheduled Debt)
, . 1983
, , , .
,
, .

( ) (Enhanced Concessions or
Enhanced Toronto Terms)
. .

/ (Debt
Reorganization/Restructuring)
, , .
, ,
, .

(Debt Refinancing)

, , .
,
.
, 5,
,
.

283

External Debt
Statistics Guide

(Transfer Risk)
,

. ,
.
.

(Market
Valuation)
, , , -
; , .
, , (,
). 2. (. .)

( )
(Commitment Charge (or
Fee))

. , (, 1,5 ), .

() (Debtor
Reporting System (DRS))
,
.
-.

Global Development Finance ( ) ( World Debt Tables).

(Creditor
Reporting System)
, -

284

.
-, 22 (),
. External Debt Statistics
( ).

(Mixed Credits)
,
(,
).

(Own Offices)
, ,
. , .

(Complete Market)
.

(Joint Venture)
,
.

(Cofinancing)
,
, , ,
.

(Agreed Minute)
, .
(
), , ,
, ( ),
-

Appendix
III III
Glossary
of External
Debt Terms

. - , -,
.

,
( - ()),
() .

() (Multiyear Rescheduling
Agreement (MYRA)
,
, ()

(). (),
,
, ,

.

(Rescheduling
Agreement) )
( )
. / , .

(Provisioning)
,
, , / ,
/ .

. ,
. .


(Eligible Debt or Debt Service)
,
,
, .

(Special ccounts)
,
, 1983 -, .

-. ,

, , . ,
, .

(Write-ff)
,

.


() (Commercial Interest Reference
Rates (CIRRs))
,
. 13
-, - ,
. .

(Loan greement)l
.

() (London Interbank
Offered Rate (LIBOR))

, , -

285

External Debt
Statistics Guide

.
,
/. ,
1,5
.
, , ,
.

(-/)
(Debtor Country)
, .

/- (Creditor
Country)
, .

.

(Home Country)
.

(High-Income
Countries)
, , , ,
2000 9266 .

(Low-Income
Countries)
, .

, ,
.
, ,
, , 2000 755 .

286

(Flag-of-Convenience
Countries)
- ,
, (, ,
,
) .

(Subordination
Strategy)
, , , ; ,
, ,
, (.
).

(Credit Insurance)

,
( ).

, , .

. , ,
-, .

- (Stress Test)
- :
,
, , .
,

, . - , ,

,
.

Appendix
III III
Glossary
of External
Debt Terms

(Maturity Structure)
. .


(overage of Rescheduling Agreement)
.
,
, .

(Capital ccount)


(, ).

(Current ccount)

( ), .
, , .
, , .
, ,

.

(Escrow ccounts)
, , , .
,

. , , .

(Current Maturities)

-

, .

(Current Transfers)
(
), .
.

(Transfers)
, .

(Tranche)
, ,
.

- (ESAF-HIPC Trust)
, 1997
, ,

, .
(,
,
), ,
.

(HIPC Trust Fund)



(),
(), ,

- .
,

,
.
, .
-

287

External Debt
Statistics Guide

.
, .

, ;
. (.
-.)

(Debt
Workout)
, -
, ,
.

(Concessionality Level)
, ,

, , .
( )
,

, ,
, -. (. - .)


(Lower-Middle-IncomeCountry Terms)
, 1990
.
,

18 , 8 , .
20, 10 . -

288


. ,
, , , 2000 756
2995 .

(Toronto erms)
. .

() (Notional (Nominal)
Amount of a Financial Derivative Contract)
,
, .

/ (Contingent
Asset/Liability (Contingencies))
/ , ,
.

(Accrual
of Interest Costs)
,
.

(Disbursed
Loans)
, , .


(Disbursements)
.
.
:
(
); ,
, -

Appendix IV Relationship
Between the
and the
IIP
III National
Accounts

; ; -
.
,
, .

.

.
, ,
.

(Financial Liability)

(Helsinki Package)

: 1)
() , ;
2)
, .

(Financial Claim)
: 1) () , ; 2)
,
.

(Financial Asset)
,
, ,
/ .

, .

(Financial ccount)

.
, .
.
, , :
, ; ; .

(Forfaiting)
,
, -

, 1992 . ( )
(
)
. (.

.)

(Houston Terms)
.
.

(Private Creditors)
, .
, ,
, , , .

()
(Net Present Value (NPV) of Debt)

( ) , , .
:
3 , , , ,
10 . ,
10
, ,

3, 10.

289

External Debt
Statistics Guide

,

.
- ()
, - , 10 , .

. (. , -.)

(Net Flow)
/

.

(Net Resource
Transfer)

.


(Officially Supported Export Credits)
, -

290


, . ( /) (
)
, , ( ).
-,

, ,
.
,
, 85 .

(Export Credit)
,
. , (,
), ; ,
,
. (. .)

IV.



()
1. ,
.

, ,
,
.
2. 1993 5 , -,
, , , ,
, .
5 . , , ,


1993 . , .



3. : 1) , , ,
, , , , ;
2)


; 3) , , ; 4)

/.
4. ,
,
. ,
,
(
) ,
, , ,
(
)
.
,
, (
) ( ).


5.
,
. 1993


(. 11.10311.111 11.3a 1993 ,
).

291

4.1. 1993
(S.11)
(S.12)
 (S.121)
 (S.122)
 (
) (S.123)
 (S.124)
 (S.125)
(S.13)1
 (S.1311)
 (S.1312)
 (S.1313)
 (S.1314)
(S.14)
, (S.15)
(S.2)
. , ,
1993 .
1 1993
.
,
, .
: ,
(S.1321);
,
(S.1322);
,
(S.1323).

4.2.
( )



( )

(AF.4);
(AF.5);
(AF.6);
(AF.7);
/
(AF.8).

,
. ,
(, )
,
,
.


1995 ( 1995 ) ,

( 1993 ,
11.16). ,
. ,
.
6. 1993 e :
() (AF.1);
(AF.2);
, (AF.3);
 1995 (Eurostat, 1996) , - . , , 1995 ,
1993 .

292

7. 1993 : ; ;
; ;
, () ( 4.1).
, (
1995 ), ( ), ,
. : ; ; ;
. 1995 ( 2.49)
- . , 1995 (), ,
, .


_____________________________________________________________________
- -
.

- - - -


273

1 295

4 352

375

10 431

1 587
1 388
1 454
1 409
396
208
361

116
77
17
3
25
60
59

261 10 692

6 803

357

. , ; , 1993 .
13.1 1993 , 1999 1993 .
, 1993 .
1 1993 / AF.7, 1993 1999 AF.7 ,
/ AF.8.
2 , .

4 136

AF / 1 852
3 469
712
291
122
6 446
AF.1 2
AF.2
40
1 281
102
10
38
1 471
AF.3 ,
44
1 053
212
2
1 311
AF.4
897
328
169
43
1 437
AF.5
687
715
4
1 406

AF.6
12
335
19
5
371
AF.7 .
35
85
25
2
1
148
AF.8 /
137
22
108
35
302






e


.
. .

B.90.

7 573 618
6 955
173
1 821
416
3 598
947
770
770
80
690
1 587 105
1 482
110
840
150
382
1 388 125
1 263
25
198
950
90
1 454
70
1 384
8
24
115
1 187
50
1 409 113
1 296
22
411
12
651
200

396
26
370
4
291
20
30
25
208
45
163
1
2
20
90
50
361 134
227
3
55
19
150

9 922
9 922
324
2 822
1 591
144
5 041 AN
6 047
6 047
243
1 698
1 001
104
3 001 AN.1
5 544
5 544
231
1 423
913
99
2 878 AN.11
231
231
2
97
47
85 AN.12

272
272
10
178
41
5
38 AN.13
3 875
3 875
81
1 124
590
40
2 040 AN.2
3 809
3 809
81
1 124
578
37
1 989 AN.21
66
66
12
3
51 AN.22

____________________________________________________________________


- - -

-

.



- - - -


4.1. 1

Appendix IV Relationship
the
National
Accounts
and the
IIP
IV Between

293

External Debt
Statistics Guide

4.2.


___________________________________________


____________________________________________


16 877

9 922

6,047

5 544

231


272

3 875

3 809


66


AN
AN.1
AN.11
AN.12

AN.13
AN.2
AN.21

AN.22


618
6 955

770

105
1 482

125
1 263

70
1 384

113
1 296


26
370

45
163


134
227

AF /
6 446
AF.1
AF.2
1 471
AF.3 ,
1 311
AF.4
1 437
AF.5

1 406
AF.6
371
AF.7

148
AF.8 /

302
B.90.
10 431

357
116
77
17
3
25
60
59
261

. , ; ,
1993 . 13.1 1993 ,
, 1999 , 1993 . ,
1993 .


8.

. , , ,
, /, , .
1993

( 4.2).

 ,
, .
.

294

9. , -:
, ,
,
, . 4.1 ,
; ,
1423,
411.
, /,
.
 ,
,
.

Appendix IV Relationship
the
National
Accounts
and the
IIP
IV Between

, ,
,
. .
10.
4.1, .

.
11. 4.1 ,
. . 4.2

(9922) .


, , (
) .
.



12.

. ,

,
. ,

.
,
,
,
, ,  , ,
- ,
,
.

. ,

, , :

, ,
;
,
.
13. , /

.
. 4.3
1993 ( 13.3, . 310).
, ,
, ,
. ,
.
, ,
() ,

/.
( 1993 ( 13b,
. 311), , ,
,
. ,
,
.

.
14. 4.3 4.3, . ,
4.3, . 1993
4.3
:
; ;
; ; .
.

295

External Debt
Statistics Guide

4.3.


___________________________________________________________________________________________________________________


____________________________________________________________


__________________


-
-

-
.
-



-
e - - -
-




1.

2.
a.
i.


ii.

b.
i.


ii.


c.
i.


ii.


3. ,
a.
i.
ii.
iii.
iv.

v. -
vi.
b.
i.
ii.
iii.
iv.

v. -
vi.
4.
a.
i.
ii.
iii.
iv.

v. -
vi.
b.
i.
ii.
iii.
iv. -

296

Appendix IV Relationship
the
National
Accounts
and the
IIP
IV Between

A4.3 ()


__________________________________________________________________________________________________________________



_____________________________________________________________


__________________


-
-

-
.
-



-
e - - -
-




v. -
vi.
5.

a. -
i.
ii.
b. -
i.
ii.
6.
6.1. 



6.2. 


7.
i.
ii.
iii.
iv.

v. -
vi.
8.

8.1.
a.
b.
c.
d.

e. -
f.
8.2.
a. -
b.
:



()
15. 17,
.
-

, 5, : (
, );

297

External Debt
Statistics Guide

4.3.

2.
2.
a. a.
i. i.
ii. i.
b. ii.
i. iii.
ii. iv.
c. v. -
i. ii.
ii. i.
ii.
iii.
iv.
v. -
b.
i.
i.
ii.
iii.
iv.
v. -
ii.
i.
ii.
iii.
iv.
v. -
c.
i.
i.
ii.
iii.
iv.
v. -
ii.
i.
ii.
iii.
iv.
v. -
3. ,
3. ,
a. a.
i. i.
ii. ii.
iii. iii.
iv. iv.
v. - v. -
b. b.
i. i.
ii. ii.
iii. iii.
iv. iv.
v. - v. -

( , , , ,
, ,

298

, ); . .

Appendix IV Relationship
the
National
Accounts
and the
IIP
IV Between

4.3 ()

4.
4.
a. a.
i. i.
ii. ii.
iii. iii.
iv. iv.
v. - v. -
b. b.
i. i.
ii. ii.
iii. iii.
iv. iv.
v. - v. -
5.
5.
a. - i.
i. i.
ii. ii.
iii.
iv.
v. -
ii.
i.
ii.
iii.
iv.
v. -
6.
6.
6.1.  - 6.1. -

6.2.  6.2.

7.
7.
i. i.
ii. ii.
iii. iii. t
iv. iv.
v. - v. -
8.
8.
8.1. 8.1.
a. a.
b. b.
c. c.
d. d.
e. - e. -
8.2. 8.2
a. - a. -

16.
-
- . ( , -

, ) , .
.
-

299

External Debt
Statistics Guide

4.4.

1993


1993


AF.1

5.1 (RA)
() 5.2 (RA)
AF.2

AF.21
AF.22
AF.29

4.3 (OI)
5.4.1 (RA, . )
5.3. (RA, RPF)
5.5 ( RA, )

,
AF.3

,


AF.31

()

AF.32

1.2 ( DI, )
2.2.1 (PI, )

2.2.2 (PI, )
5.4.2.2 (RA, . )
5.4.2.3 (RA, . )
5.5 ( RA, a)


AF.4

4.2.1.2 (OI)

AF.41

4.2.2.2 (OI)

AF.42
4.2.3.2 (OI)

4.2.4.2(OI)


4.2.1.1 (OI)

4.2.2.1 (OI

4.2.3.1 (OI)

4.2.4.1 (OI)

5.3 ( RA, RPF)

AF.5


1.1 ( DI)


1.1 ( DI)
 ,

2.1 (PI)

5.4.2.1 (RA, . )

5.5 ( RA, )

AF.6

4.4.1.1 ( OI, /

AF.61
, )
4.4.2.1 ( OI, /

AF.611 , )


4.4.3.1 ( OI, /

AF.612 , )

F.62
4.4.4.1 ( OI, /
, )

AF.7

3 (FD)


5.4.3 (RA)
/
AF.8

AF.81
1.2 ( DI, )

AF.89 /


 / 1.2 ( DI, )



(
4.1 (OI)
)


4.4 ( OI,
/)

:

AF.m
. DI ; PI ; FD ; OI ; RA ,
RPF .
1 1999 e
. 5.

300

Appendix IV Relationship
the
National
Accounts
and the
IIP
IV Between

. , , - .
17.

, ,
.

, 1993 ,
, . .





18. ,
1993 5,
.

,
, ,
.


19. , 1993 ,
, 5
.

, , .
. 4.4

1993 . ,
, .
,
,

, ,
, 1993
. (. 4.5 .
.181189 5.)

20. 1993 (. 4.4),



. , ( , )
. , .
,
.


21. 1993 : ; ; (.
4.4). . (
- ,

, 1993 e 4.3.

,
22. 1993 ,

(. 4.4).
,

().
, ,
.
, .

301

External Debt
Statistics Guide


23.

(.
4.4). ,
.


24. 1993 , , , ,
(. 4.4). , ,


, . .

4.4. 1993
1993
(S.11)
(S.121)


(S.122)
 (
) (S.123)
(S.124)
(S.125)
(S.13)
(S.1311)
 (S.1312)
 (S.1313)
 (S.1314)
(
) (S.14)
,
(S.15)


25. 1993


(. 4.4). , ,
, .
, ,

: ,
,
.


26. , 1999 ,

1993 , (. 4.4).


.

/
27. 1993
: ()
(. 4.4).
302



.
1993 ,
. ,
, .


28. 1993 ,
.
. , ,
, , ,
. ,
1993 , 5.


( 2), .
, . 14.4814.52 1993 . V
5
,
(,
, , ).

Appendix IV Relationship
the
National
Accounts
and the
IIP
IV Between

4.5. 1993 1.
V: ; V.III:
V.III.1.

1993

[],



K.2. 2.A.2. /


B.9. (+) / () 1.

2.A.


B.12.
1.
D.9. , 2.A.1.
D.9. , 2.A.1.
B.10.1. ,

1.

2.A.1.
V.III.2. 2


F.1.


2.B.5.1.

2.B.5.2. ( 3)
F.2.


2.B.4.2.3.
F.3. ,


2.B.1.1.3.2.1. ,

2.B.1.2.3.2.1. ,
;

2.B.2.2.2. ( )
F.4.


2.B.4.2.2.
F.5.


2.B.1.1.1.2. :
( );
2.B.1.2.1.2. :
( );
2.B.1.2.2. (
)
2.B.2.2.1. , (
)
F.6.

2.B.4.2.4.4.1.1.

2.B.4.2.4.1.1.2.

F.7. 2.B.3.2. ( )
F.8.

2.B.1.1.3.2.2. (
)
2.B.1.2.3.2.2.
( );
2.B.4.2.1. ( );
2.B.4.2.4. ;


2.B.4.2.4.4.1.1.
;
2.B.4.2.4.4.1.2.
( , )

303

External Debt
Statistics Guide

4.5 ()
V.III.2. ()

1993

[],


F.2.

2.B.4.1.3. ( );
2.B.5.3.1. ( );
2.B.5.4.1. ( );
2.B.5.5.1. (
)
F.3. ,

2.B.1.1.3.1.1. ,
( );
2.B.1.2.3.1.1. ,
( );
2.B.2.1.2. ( );
2.B.5.4.2.2. () (
);
2.B.5.4.2.3.
( );
2.B.5.5.2.2. ( )
F.4.

2.B.4.1.2. ( );
2.B.5.3.2. ( )
F.5.

2.B.1.1.1.1. :

( );
2.B.1.1.2. ( );
2.B.1.2.1.1 :
( );
2.B.2.1.1. , (
);
2.B.5.4.2.1 2.B.5.5.2.1.
( )
F.6.

2.B.4.1.4.4.1.1.
;
2.B.4.1.4.1.1.1; 2.B.4.1.4.2.1.1; 2.B.4.1.4.3.1.1;
2.B.4.1.4.4.1.2.
( ( , )
F.7.

2.B.3.1. ( );
2.B.5.4.3. ( )
F.8.


2 .B.1.1.3.1.2.
( );
2.B.1.2.3.1.2.
( );
2.B.4.1.1. ( );
2.B.4.1.4.


2.B.4.1.4.4.1.1.
;
2.B.4.1.4.1.1.1; 2.B.4.1.4.2.1.1; 2.B.4.1.4.3.1.1;
2.B.4.1.4.4.1.2.
( , )
B.9. (+) / ()

304

Appendix IV Relationship
the
National
Accounts
and the
IIP
IV Between

4.5 ()
V.III.3. , V.III.3.1.
[],


1993

K.7.
K.8.
K.10.
,
K.12.

K.7.
K.8.
K.10.
,
K.12.
B.10.2. ,


K.11. /

K.11.1. /

K.11.2. /


( )
( )
( )
( )

( )
( )
( )
( )



/
/



K.11. /
K.11.1. / /
K.11.2. /
/
B.10.3. ,
/
B.10.31. , /
/ / s
B.10.32. , /
/
/
1 1993 .
2 ,
1993 , . 181189 5.
1993 5.
3 .

29. 1993 ,
, ,
, , , ,
. ,
, ( , , ,
,
). ,

. ,
, -

, .
30. 1993 5
, , , , ,
, , . , 1993 , ,
,
.

305

External Debt
Statistics Guide

4.6. 1993 .
V: ; V.IV:
V.IV.1.

1993

AF.

B.1.1.2. ( )
( );
B.1.2.2. ( )
( );
A.1.1.2. ( )
( );

A.1.2.2. ( )
( );

B.2. ;

B.3. ;

B.4. .
AF.

A.1.1.1. ( )
( );
A.1.2.1. ( ) ;
B.1.1.1. ( )
( );
B.1.2.1. ( ) (
);

A.2. ;

A.3. ;

A.4. ;

A.5. 1.
B.90.
V.IV.2.
AF.  , , ,
, V.IV.1.
AF.  , , ,
, V.IV.1.
B.10.

,
IV.3.
AF. 
, V.IV.1.
AF. 
, V.IV.1.
B.90.
1 ,
.

,
, , .
, , , , , ,
, .

306



31. 1993 , .
, -

Appendix IV Relationship
the
National
Accounts
and the
IIP
IV Between

, ,
1993 . , 1993
, 5 .

( - , , ),
1993
. , 5, 1993
.
, 1993 5,
. 4.4.
32. , ( (S.121) (S.122))
-
5. - ,
,
.
1993 , ,
.
(S.11), , , (S.123), (S.124)
(S.125), (S.14) (S.15).

33. , , ,
 , , 1993
.

,

, . ,

.
34. 1993 , :
V.I: ( 1993 , . 326);
V.II: (. 326);
V.III.1: (. 326)
V.III.2: (. 327),
V.III: (. 326).
5 , V.I V.II,
,
, ,
V.III.1, ,
.
, V.III.2,

.
V.III.3.1: (. 327) V.III.3.2: (.
327) 5 ,
. , V.III.3.1
, V.III.3.2
.
V.IV: (. 328)
5.
35. 4.5 4.6 ( ) ,
, 1993 .
1993 ( .4.5,
V.III.1)

.
/
1993 -

307

External Debt
Statistics Guide

,
,
5.
36. 1993 ( .4.5, V.III.2) ,
.
, 1993 ,
( , , , ).

308

( )
( - , , ). , 5, 1993 , ,
, , (
).
, , .

Appendix IV Relationship Between the National Accounts and the IIP

V.




()

1. () ,
.


, ,
,
.
,
. (),
.



2. 1990- ( ) ,
.



. ,
,


.
1996 , .

, 1999 , 1999
,
, .
3. ,
.


.
,
, : 1) (. )
(); 2)
(. )
.


. ,
, .



4.
,

 , ,
,
.

309

External Debt
Statistics Guide

. , , :
,
;
, ;
, .
5.
, , ,
, . 150

15
. ( 30 ),

(
15 ), 150 ,
250 .
6. .
,
(  67

. 8.2 8

.
 ( 5) ,
.
, ,

( ).

310

). (
) ,
, ,
.
. 5.1 .


7.
, .

,
.
(
()
) ( )
( , , ).

,
.

,

( 67 )
 , , , .
, , .
 ,
,
, ,
, .

,
,

;
.

Appendix V
V
HIPC Initiative
and Debt
Sustainability

Analysis

5.1.


(); .

 :
, ( 67 ()).

1.
 ,
.


. ========>

========>
( .)

, .

(, )
.
. .


 , (
) () .

 .
 ( 90 ,
).


1.

 .
 ,
.


 , ( ,

), ,
, . ,
( , ),
.
 , ; ,
, .
 ( ),
. .

 (
90 , ).

1.

 , ,
.

1 .

311

External Debt
Statistics Guide



8.
, , , ,

-.

, 90
.



.
9.
,
.
(
).
, (),
.
.
10.

, .
,
, .
, , . ,
.

 ,
,
(). 1999
().

312


.
11.
, ,

, ,
, , . :

;
 ,
;
,
, 50 ;
, .


12. ,
, ,

. ,

.
. ,
,

, ,
.

()
13. .

,
, ,
,

. 5.2
.
,
.

Appendix V
V
HIPC Initiative
and Debt
Sustainability

Analysis

5.2. ,















r





 

 
 



 





  
 



 
 












14.
,
.
-






.

, , , .

313

External Debt
Statistics Guide

5.1. ,



(, ,
..)

(, ,
, )
/
/

/ ( ,
..)

/
/



 (
)

( ,
, ..)

-




( / )





/
/




. ;
().

15. () . .
,

, , (
) .

,
.

314

16. ,
, ,
, , .
.
( , , , , ,
),
, ,
. (,
, )
,
. ,
, 5.1.
17.
.

, .

( - ).


( ).
( t/
t1)
,
. .
18. ,
. ,
,

. ,
,
, ,  .

Appendix V
V
HIPC Initiative
and Debt
Sustainability

Analysis

.
, ,

.
, , , .
19. -
, . ,
,

. ,
10 , , .


.
20. ,
, , ,


.
, ,
.
.
.
,
, .
, ,
,
.
.
10
,
.

21. (, ), ,
, . ,

.
, . ,
.



22.

, , ,
(). , , , ,
. , ,
, .
23.
, .
,
.
,

, .
24. / ,
( ), .
,
,
, .

315

, , , ,
1993 , 1993 (/, -, ,
).
, 1993 , (, 5- ).
, 1995 , ().
, 1996 , ().
, 2000 , -
().
, 2001 , ().
Andrews, David, Anthony R. Boote, Syed S. Rizavi, and
Sukhwinder Singh, 1999, Debt Relief for Low-Income
Countries: The Enhanced HIPC Initiative, IMF Pamphlet Series, No. 51 (Washington: International Monetary Fund, 1999).
Australia, Department of Finance, Australian National Audit Office, annual, Aggregate Financial Statement Prepared by the Minister of Finance (Canberra: Australian
Government Publishing Service).
Avramovic, Dragoslav and others, 1964, Economic Growth
and External Debt (Baltimore, Maryland: Johns Hopkins University Press for the World Bank).
Bank of England, 1998, Financial Terminology Database
(London).
Bank for International Settlements, quarterly, International Banking and Financial Market Developments: Quarterly Review.
, 2000a, Guide to the International Banking Statistics,
7th ed. (Basel, Switzerland: BIS).
, 2000b, Report of the Working Group on the BIS International Banking Statistics.
, 2002, Comparison of Creditor and Debtor Data on
Short-Term External Debt (Basel, Switzerland).
, International Monetary Fund, Organisation for
Economic Co-operation and Development, and World
Bank, 1988, External Debt: Definition, Statistical Coverage and Methodology (Paris: OECD); the Grey
Book.
316

, 1994, Debt Stocks, Debt Flows and the Balance of

Payments (Paris: OECD).


Basel Committee on Banking Supervision, 1982, Management of Banks International Lending: Country Risk
Analysis and Country ExposureMeasurement and
Control (Basel, Switzerland: Bank for International
Settlements).
Berg, Andrew, Eduardo Borensztein, Gian-Maria MelesiFerretti, and Catherine Pattillo, 1999, Anticipating Balance of Payments Crises: The Role of Early Warning Systems, IMF Occasional Paper No. 186 (Washington:
International Monetary Fund).
Blejer, Mario I., and Liliana Shumacher, 2000, Central
Banks Use of Derivatives and Other Contingent Liabilities: Analytical Issues and Policy Implications,
IMF Working Paper 00/66 (Washington: International
Monetary Fund).
Borensztein, Eduardo, and G. Pennacchi, 1990, Valuation of Interest Payment Guarantees on Developing
Country Debt, IMF Staff Papers, Vol. 37 (December),
pp.80624.
Bussire, Matthieu, and Christian Mulder, 1999, External
Vulnerability in Emerging Market Economies: How
High Liquidity Can Offset Weak Fundamentals and
the Effects of Contagion, IMF Working Paper 99/88
(Washington: International Monetary Fund).
Calvo, Guillermo A., 1996, Capital Flows and Macroeconomic Management: Tequila Lessons, International Journal of Finance and Economics, Vol. 1 (July),
pp.20723.
, and Pablo E. Guidotti, 1992, Optimal Maturity
of Nominal Government Debt: An Infinite Horizon
Mode, International Economic Review, Vol. 33 (November), pp. 895919.
Committeri, Marco, 2000, Effects of Volatile Asset Prices
on Balance of Payments and International Investment
Position Data, IMF Working Paper 00/191 (Washington: International Monetary Fund).
Cosio-Pascal, Enrique, 1997, Debt Sustainability and Social
and Human Development, UNCTAD Discussion Paper No. 128 (Geneva: United Nations Conference on
Trade and Development).
Davis, E.P., Robert Hamilton, Robert Heath, Fiona Mackie, and Aditya Narain, 1999, Financial Market Data for
International Financial Stability (London: Centre for
Central Banking Studies, Bank of England).

Efford, Don, 1996, The Case for Accrual Recording in


the IMFs Government Finance Statistics System,
IMF Working Paper 96/73 (Washington: International
Monetary Fund).
European Central Bank, 1999, European Union Balance of
Payments/International Investment Position Statistical
Methods (Frankfurt am Main).
Eurostat, 1996, European System of Accounts: ESA 1995
(Luxembourg: Office for Official Publications of the
European Communities).
, 2000, ESA95 Manual on Government Deficit and
Debt (Luxembourg: Office for Official Publications of
the European Communities).
Forum for International Development Economics, 1998,
Measuring External Capital Flows to the Private Sector,
report prepared for the Macroeconomic and Financial
Management Institute for Eastern and Southern Africa
(Harare, Zimbabwe: FIDE International).
Furman, Jason, and Joseph E. Stiglitz, 1998, Economic
Crises: Evidence and Insights from East Asia, Brookings Papers on Economic Activity: 2, pp. 1114.
Group of Twenty-Two Countries, 1998, Report of the Working Group on Transparency and Accountability (Basel,
Switzerland: Bank for International Settlements).
India, Ministry of Finance, annual, Indias External Debt: A
Status Report (New Delhi).
Institute of International Finance, 1999, Report of the Working Group on Transparency in Emerging Market Finance
(Washington).
International Monetary Fund, annual, Balance of Payments
Statistics Yearbook (Washington).
, monthly, International Financial Statistics (Washington).
, 1986, A Manual on Government Finance Statistics
(Washington).
, 1992, Report on the Measurement of International
Capital Flows (Washington).
, 1996, Coordinated Portfolio Investment Survey Guide
(Washington).
, 1999, Results of the 1997 Coordinated Portfolio Investment Survey (Washington).
, 2000a, Analysis of the 1997 Coordinated Portfolio Investment Survey Results and Plans for the 2001 Survey
(Washington).
, 2000b, Debt- and Reserve-Related Indicators of
External Vulnerability (Washington, March 23);
available on the Internet at http://www.imf.org/
external/np/pdr/debtres/index.htm.
, 2000c, Financial Derivatives: A Supplement to the
Fifth Edition (1993) of the Balance of Payments Manual (Washington).
, 2002, Coordinated Portfolio Investment Survey Guide,
2nd ed. (Washington).
, and Organisation for Economic Co-operation and
Development, 2000, Report on the Survey of Implementation of Methodological Standards for Direct Investment
(Washington).
International Monetary Fund, and World Bank, 2001, Guidelines for Public Debt Management (Washington).

Irwin, Timothy, M. Klein, G. Perry, and M. Thobani, eds.,


1997, Dealing with Public Risk in Private Infrastructure
(Washington: World Bank).
Kester, Anne Y., 2001, International Reserves and Foreign
Currency Liquidity: Guidelines for a Data Template
(Washington: International Monetary Fund).
Kiguel, Miguel, 1999, Monitoring Financial Vulnerability (unpublished; Buenos Aires: Argentina, Ministry of
Finance and Public Works, June).
Kindleberger C.P., 1978, Manias, Panics, and Crashes: A History of Financial Crises (New York: Basic Books).
Klein, Thomas M., 1994, External Debt Management: An
Introduction, World Bank Technical Paper No. 245
(Washington: World Bank).
Kumar, Raj, 1999, Framework for Monitoring External
Debt of Corporates Under Capital Account Liberalization, in Corporate External Debt Management,
proceedings of a seminar held at Kathmandu, Nepal,
compiled by The Credit Rating Information Services
of India, Limited.
Krugman, Paul R., 1996, Are Currency Crises SelfFulfilling? NBER Macroeconomics Annual.
Lalibert, Lucie, and Rjean Tremblay, 1996, Measurement of Foreign Portfolio Investment in Canadian
Bonds (Ottawa: Statistics Canada).
Lucas, Robert E., and Nancy L. Stokey, 1983, Optimal
Fiscal and Monetary Policy in an Economy Without
Capital, Journal of Monetary Economics, Vol. 106 (July), pp. 91124.
Merton, Robert C., 1977, An Analytical Derivation of the
Cost of Deposit Insurance and Loan Guarantees,
Journal of Banking and Finance, Vol. 1 (Suppl.), pp.311.
Mody, Ashoka, and Dilip Patro, 1996, Valuing and Accounting for Loan Guarantees, World Bank Research
Observer, Vol. 11 (February), pp. 11942.
New Zealand, Department of Finance, annual, Budget Economic and Fiscal Update (Wellington).
Obstfeld, Maurice, 1994, The Logic of Currency Crises, Cahiers Economiques et Monetaires (Banque de
France), No. 43, pp. 189213; available also as NBER
Working Paper No. 4640 (Cambridge, Massachusetts:
National Bureau of Economic Research).
Oesterreichische Nationalbank, 1995, Reports and Summaries, 1/1995 (Vienna).
, 1999, Focus on Austria, 1/1999 (Vienna).
, 2000, Balance of Payments Book of Austria (Vienna).
Organisation for Economic Co-operation and Development, annual, Development Co-operation Report (Paris:
OECD, Development Assistance Committee).
, annual, External Debt Statistics: Main Aggregates
(Paris).
, annual, Geographical Distribution of Financial Flows
to Aid Recipients (Paris).
, 1996, OECD Benchmark Definition of Foreign Direct
Investment, 3rd ed. (Paris).
, 1999, Handbook for Reporting Debt Reorganization
on the DAC Questionnaire (Paris).

317

Polackova Brixi, Hana, 1999, Contemporary Approaches


to the Analysis and Management of Government Risks
(Washington: World Bank).
Stephens, Malcolm, 1999, The Changing Role of Export
Credit Agencies (Washington: International Monetary
Fund).
Sundaresan, Suresh M., 2002, Institutional and Analytical Framework for Measuring and Managing Governments Contingent Liabilities, in Government at
Risk, pp. 99122, ed. by Hana Polackova Brixi and Allen Schick (New York: Oxford University Press for the
World Bank).
Towe, Christopher M., 1990, Government Contingent
Liabilities and the Measurement of Fiscal Impact,
IMF Working Paper 90/57 (Washington: International
Monetary Fund).
United Nations Conference on Trade and Development
(UNCTAD), 1993, Effective Debt Management, UNC-

318

TAD/GID/DMS/15 (Geneva: UNCTAD, DMFAS


Program).
, 1998, DMFAS Glossary, UNCTAD/GID/DMFAS/
Misc.3/Rev.2 (Geneva: UNCTAD, DMFAS
Program).
, 1999, Proceedings of the Inter-Regional Debt Management Conference, December 1997, UNCTAD/
GDS/DMFAS/Misc.12 (Geneva: UNCTAD, DMFAS
Program).
, 2000, DMFAS 5.2 Software, Hardware and Training Requirements, UNCTAD/GID/DMFAS/MISC.6/
Rev.5 (Geneva: UNCTAD, DMFAS Program).
World Bank, annual, Global Development Finance
(Washington).
World Bank, annual, World Development Report (NewYork:
Oxford University Press for the World Bank).
World Bank, 2000, Debtor Reporting System Manual
(Washington).

14.214.16
9.15
,
14.1714.41
() 2.20

11.24
11.22
11.1811.19

11.2011.21
11.2511.26, .11.1
11.411.16
11.2011.26
11.23
11.23
11.22
11.22
11.17

III
III
. .

I ( 1)
9.6
11.24
I
( 1)



V:22 V:24

V:22 V:24
15.3
III
V:14 V:21
V:1
, III

13.1
9.19
I ( 2)
IV:9 IV:14,
. 4.1. 4.3


13.1


12.3112.32
17.4, 17.6
17.117.9
17.3,
17.1017.12
17.4, 17.6
III

16.6
12.812.10
12.412.6
12.7
2.21
12.112.3
, ,
III
6.11, I ( 1)
, 3.7
2.38


V:1, V:13
V:24, . 5.2
III
8.2
.
III
,
I ( 1)
. .

7.227.29
4.84.9

4.144.15
2.3
1.2
4.34.6
.

III
15.1715.19
,
III
, III
, III

6.13
6.12

319

7.27
,
, III
,
III
8.19

III
8.19
II:10
, I ( 1)
. .
,
III
,
2.76
. .

1.61.8, 16.116.39
2.3, 4.14.15
1.10

5.15.10
16.2216.29
16.2016.21
16.3716.39
2.23

7.57.7
2.4
2.1, 2.3, III
2.9
2.52.8
7.407.43
2.122.53, 6.16.36

7.487.49
16.3016.34
,
1993 2.11
16.3516.36
2.2
16.116.19
7.357.37
2.10
1.10, 7.447.47
.

, 5.10, III
,
6.34
,
,
5.6
. .
, I ( 1)
, III
,
6.33
9.8,
I ( 1)
2.222.29

8.2, 17.117.2,
17.3917.69
320

17.6317.69
/
17.5117.62
19.2119.29, 19.1
, 2.89
, 8.31
, 8.31,
III
II:10
9.5, III
9.5

9.79.8
2.30
2.30
16.8, I
( 2)

- ()
17.17, III

9.8
,
I ( 1)
, 5.5

5.15.10, 16.4
, 9.24
5.5
11.111.26
-, III
,
III
, III
,
III
1.10, 6.23, 7.2, 7.87.16

,
6.256.26
,
6.25
6.34
6.33
7.107.12
, ,
6.32
7.307.34
,
,
6.31
, 6.35
1.10, 6.23, 7.2, 7.87.16
6.24
,
6.286.29
,
7.137.15
6.36
, III
,
12.14

2.23

III
8.2
2.23
(),
III
,
III
,
III
,
I ( 1)
. .


I ( 1)
I ( 1
I ( 1)

I ( 1)
,
I ( 1)

3.34, I ( 1)
2.712.72

6.286.29
I
( 1)
I ( 2)
. .

,
2.642.65
I ( 1)
,
III
14.1
- (),
III


III
, III

7.27

7.28
6.13
6.14
6.256.26
6.12

, III
,
III
6.13, 7.19,
12.3912.45
6.13
, 12.38
, III

16.916.10

2.352.41
2.422.44
III
11.15
2.4


3.12
3.15, 4.4
,
. .

I ( 1)

8.6, III
8.6,
III
8.6
8.6,
III
8.6,
III
8.6, III
, 3.29.

, 2.53
6.76.8

III
I ( 2)
8.29, 8.31, 8.32
8.29, 8.31, 8.32
,
15.20
/ , 3.35
, 3.35
. .
. .
, III
, 8.1
14.1
1995 14.1
19.5
,
14.1
19.519.8
19.5
. .
2.50
,
III
() 17.13
. .
. .

1995 . .
1995
. .
. .
. .
, ,
6.32

321

,
III
, 6.26,
I ( 1)
3.31,
II:13 II:19
19.28

19.29
19.29

19.28
2.83
,
13.2613.28
,
III
3.31, I ( 1)
13.1
,
14.10814.114
, 6.106.11
,
I ( 2)

14.8014.107
9.15

V:2 V:3

V:4 V:11
V:2 V:3
III
8.2
V:4 V:12,
. 5.1
.

7.227.29

6.27
III

12.4312.45
7.307.34
1.10, 7.177.21
,
I ( 1)

3.13.2
III
2.152.16

3.7

3.12
,
3.11
3.8
3.9
3.10
III
3.6

322

- 3.5
IV:7
,
2.90

6.156.17

6.156.17
, ,
2.742.76

I ( 1)
3.21
,
2.66
2.32, 2.822.87

2.842.87
6.30
,
2.822.83

2.702.81
2.32
,
I ( 1)

11.13
,
III
I
( 2)

11.2011.21
,
I ( 1)
. .

, I
( 1)
, 14.4214.63
,
III
,
III
3.8
3.6
. . -

, 3.2,
III
,
III
-

14.1

17.17, 17.22
III
c 17.24
8.2

,
8.2
, I
( 1)
,
I ( 2)
, III
, III
,
12.21
,
12.21
-, 2.18
- 12.21
11.17
,

13.6

8.6
8.29, III
8.32
17.38
8.7, 8.298.30
,
I ( 1)
,
III
. .


I ( 2)
,
I ( 2)
17.4, 17.6
,
III
,
III
,
III

6.27, 7.25,
7.29
6.27



18.1, 18.918.49
19.1719.20
9.259.26

13.3513.36
. .

,
III
9.19
,
15.1015.29
15.1715.19
15.1415.16

15.2615.29


15.2115.25

15.1715.19

15.20

15.1415.16
. . ,

. . -
. . ,

,
III

6.76.8
12.2312.27
2.53

15.2615.29

6.7, 7.57.7
, III
. .

, III
, III
, 9.6, III
9.6, III
, I
( 1)
,
I ( 1)
, III
, ,
III
. .

I ( 1)
2.70
3.28

, III
:
I ( 2)
,
6.96.11
7.557.56
,
,
6.31
-, III
, III
,
10.1610.22
. .

15.6
. .

323

, III
,
2.76
. .
. .
8.2, III
,
III
,
III

2.88
III
, 6.22
. .
. .

. .
. .
11.25,
III
,
III
() 17.117.9

17.14, III

IV:28 IV:30

IV:28 IV:30, . 4.4
17.1317.16

IV:1 IV:2
17.5117.62
17.2317.38
() 17.3,
17.1017.12
() 17.13
16.23

III

19.919.14
17.117.2, 17.1317.16, III

6.21, 13.1, III
,
III

17.70
,
14.11514.135
2.1
,
2.682.69
,
III

, III

,
III
,
III
324

. .

. .
. .

. .

9.8
,
III
6.4
, III
,
III
. .
. .


16.14
-
7.20
3.34, I ( 1)
, 3.34

2.33
2.33, III

6.12, III
() 6.12, 7.197.21
2.51
,
III

13.1, III
,
IV:1 IV:2,
IV:8

2.76
2.712.72
2.642.65
2.90
, 2.742.76
2.66
2.822.87
2.842.87

2.822.83
2.702.81
2.89
2.88
2.70
2.67, 2,69
2.682.69
,
2.262.28, 2.542.55, 4.9
2.5, III
2.592.66
2.81
2.572.58
2.25, 2.542.56
2.73
2.772.80
. .

. .
,
5.6
,
I ( 1)
2.452.49
,
, 3.11
,
III

12.37

7.307.34
2.132.21
2.352.41
2.4, 4.84.9

9.6
III

,
13.1013.25
I ( 1)
7.527.54
, 9.99.10
. . ,

. .

14.13614.155
9.14

2.33
2.56
2.352.36,
2.41
2.42, 7.507.51
2.32, III
2.40
12.31
16.13
2.312.32
2.46, III


I ( 1)
3.20, I ( 1)
I ( 1)
I ( 1)

I ( 1)
I ( 1)

I ( 1)
,
I ( 1)
,
I ( 1)
I ( 2)
, 8.4,
III

I ( 1)

I ( 1)
I ( 1)
3.20, I ( 1)
I ( 1)
2.28
I ( 1)
8.1
I ( 1)
I
( 1)
I ( 1)
I
( 1)
I ( 1)
I ( 1)
I
( 1)
I
( 1)
I ( 1)
I ( 1)
8.1, I ( 1)
,
I ( 1)
,

I ( 1)
, ,
I ( 1)
3.20
,
I ( 1)
,
I ( 1)
,
I ( 1)
,
I ( 1)
,
I ( 1)
,
I ( 1)
,
I ( 1)
,
III

8.30
8.30, III
,
III
,
III
, III
8.7
, 11.14
2.52
, 6.35


II:13 II:19
3.31, II:12
II: 20
3.32
13.2913.30
325

()
4.144.15
.

7.527.54

12.4612.56
2.422.44

7.507.51
,
2.75

13.1
,

13.1013.25

13.3513.36

13.34
13.3113.33
13.113.9
,
13.2613.28
,
13.2913.30

12.14
12.13
12.15
12.19
12.20
12.1612.18
12.14
12.14
12.11
()
12.14
12.18
12.12
16.1816.19,
III
,
III

2.4

4.124.13
2.10
2.10, 9.19.29
,
1.7
4.124.13
,
III
, 9.6
, III
,
III
. .

, III
,
III
326

,
I ( 1)
, III
. .
9.219.22

I ( 1)
3.25
7.28
2.47

8.2, 17.11, 17.22, 17.24,


III
c 17.1717.22
17.1917.22
c 8.18
17.6317.69
/
17.2317.38
19.1519.16
III

2.8. 7.9
2.642.65
2.5, III
2.5, 2.7
,
I ( 2)

6.66.8, III
7.57.7

III
15.1715.19
15.1415.16

15.2615.29


15.2215.25
III

15.1715.19

15.20

III
15.1415.16
2.1
16.17
, III
,
III
,
III
6.5
6.4
,
III
. .


12.7
2.17

,
2.17, 2.19
,
III
. .

, I
( 1)

6.5
8.19, 8.2
III

XXI 19.16
,
III
,
2.39
, 2.39
II:10
, 2.53,
III
3.37
I
( 2)
I ( 2)
,
III
,
III

8.10, III
17.3617.37
8.7, 8.108.12
8.12
, 8.12,
III
, III
, III
,
III
, III
2.6
,
4.84.9
,
I ( 1)
8.2
15.415.5

III
17.5117.62
17.2317.38
III
III
III
. .

,
III
,
III
()
, III

, III
, III
3.193.23
, ,
III
. .


, III
,
III
,
III
, III

2.592.66
III

I ( 1)
I ( 1)

1.31.5
, III
,
III
,
2.122.53, 6.16.36
()
8.45, III
8.458.49
,
III
. .
,
III
,
III
3.31. III
,
I ( 2)

1.7, 16.3016.34
2.11, III
2.46
11.16
12.2812.32
4.104.11
7.27, 7.29
3.24, 3.25

2.29
2.292.30
2.30
17.32
I ( 2)
I ( 1)
2.81
2.40
2.44
16.19
3.36
4.4
2.40
, I
( 1)
327

,
2.67, 2.69

8.18

6.156.17

6.156.17
8.2
11.14
6.20,
7.39
6.18, 7.387.39
7.357.37, 16.16
6.19
III, 8.2

2.5, 2.7
2.8
2.83
2.5, III
III
2.32
2.6
2.81

6.286.29
2.32
.
2.81
,
I ( 1)
,
III

8.23, III
17.3417.35
8.7, 8.238.24
8.258.28
3.143.18, 12.33
. .


, III
.
.

,
III
, ,
, I
( 1)
, III
,
III
,
2.21
12.22
3.38

() 2.20
2.152.16
- 2.18
2.13
328

2.17, 2.19
2.17, 2.19
2.21
2.18
2.9
2.18
2.15
2.14
.
,
2.49

8.31
8.16, 8.28, 8.33
8.2
8.6
8.29, 8.31
8.7, 8.298.30
8.51
8.4

8.2
8.3, III
8.8
8.7, 8.108.12
8.458.49

8.50
8.7, 8.238.28
8.5, 8.178.22, 8.258.27, 8.348.44
8.138.15, 8.258.27. 8.32
8.9
8.7
8.1
. .

III
11.5
8.7. .
;
, 8.11,
III
, III
, 9.219.22
5. .
,
(5) () 1.7
. , ,

,
III

2.56
2.452.46
2.34, 2.422.43,
7.507.51
2.31, 2.2
2.31
2.44
16.13
, 2.52
. .

11.411.7

,
12.14
,
III
3.25

III
3.31, I ( 1)
I ( 1)
7.32

III

III

III
III
3.25
,
I ( 1)
, 19.2
19.4

,
3.11
,
12.3412.35
3.9
3.10, 16.7

3.6
11.111.26
- 3.5
16.3

7.407.43
16.3716.39
6.4
6.5
6.3
1.2, 1.5, 1.8
. .
1993 1.7, 2.11
( )
8.2, 17.117.2, 17.3917.54
17.5517.62
17.6317.69
17.5117.62
17.5117.54
()
III
17.1
17.2, 17.1717.22

(; DMFAS)
18.41
18.2718.40
18.2718.36
18.12

18.2018.26
18.4218.49
18.11
(
; CS-DRMS)

8.5
18.3
18.718.8
18.4
18.4
18.5

. .
( ; CS-DRMS)
7.1

7.1
. .

,
12.14
, III
III
1993 . . 1993

,
I ( 2)
,
III
, 9.18, III
,
III
,
III
, ,
17.17, 17.39,
17.7017.74, 17.1
,
III
,
III
,
III
11.811.9

I
( 2)
3.31, II
II:4 II:12
. .
, III

8.178.22, 8.348.44
8.258.28
,
, 8.5
,
III
,
III
10.110.3, 11.411.7, . 10.1.
. .
, III

4.1
8.3

III
17.33
, 2.52
329

8.18,
III
4.74.15
, I
( 1)
15.715.9
6.18, 7.387.39

/ 2.53

6.7, 7.57.7
2.53
6.35
16.1116.12
. .

, III

, III

11.1011.11
10.1210.15

10.410.10

12.36
11.1211.13
10.11

10.2310.25, 17.1
19.119.29
.
. .
2.312.49
2.33
2.452.49
2.352.41
2.32
2.422.44
2.34
(-/),
III
/-,
III
, III
,
III
,
III
,
III
,
III
() ,
12.14
, 2.39
, III
,
I ( 2)
, 2.39
-, III
,
III

, I ( 1)
330

,
I ( 1)
,
2.18
, 8.1
,
III
. .
,
III
, III
I ( 1)
I ( 1)
, III
,
2.372.38
. .
2.10
,
III
, III
17.4, 17.6

19.119.29
3.37
, I
( 1)

I ( 1)

2.372.38
I ( 2)
I ( 2)

I ( 1)
3.27
2.38
17.31
,
12.12
,
7.557.56
, III
2.76, 18.1818.19, III
-,
III
, III
,
14.17614.185
,
14.18614.207
11.24
,
III
, III

, III
. .
2.46, 7.27, 7.29, III
7.25
12.31

7.36

, III


9.24
9.259.29
9.19
9.99.10
2.10, 9.3, III
9.119.22
9.20

9.219.22
9.17

9.14, 9.16
9.49.8

2.38
I ( 2)
(
)
,
15.1015.13
15.6
15.115.3
15.1715.19
15.1415.16

15.2615.29
15.2115.25

15.1715.19

15.20

15.1415.16
15.715.9
15.415.5

3.16
2.49
2.1
2.1
, 2.5,

III. .

3.31
,
2.18
,
14.15614.175
, 12.24,
12.27
,
III
, III

3.263.37
, 3.1, 3.3, I ( 1)
3.193.23
3.243.25
3.143.18
3.38

,
I ( 1)

, I ( 1)

7.367.37
I ( 1)

I ( 1)
3.25


IV:9 IV:14,
. 4.1. 4.3
IV:7
IV:3 IV:4

IV:5 IV:6
, III

3.33
I ( 2)
6.36
7.28

7.31
, III
, III
. .

. .


6.21, 7.527.54
2.73
I ( 1)
I ( 1)
() I
( 1)
I ( 1)
,
7.137.15
.

13.1013.25
6.21
, 6.21
, ,
I ( 1)
, ,
I ( 1)
,
3.23
2.48
()
2.61
I ( 1)
2.772.80
,
I ( 2)
, 2.15

331

I
( 2)

. .


I ( 2)
, III
, 5.5
, 14.6414.79
,
III
1.10, 7.447.47
, III
,
III
. .


9.5
9.5

9.79.8
9.6
9.4
Development Co-operation Report () 17.17
DMFAS. .
()
External Debt Statistics () 17.1717.18

, 2.14

15.1415.16

15.2115.25

III
,
III
, III


9.7
I ( 1)
9.7
. .

332

GDF. . Global Development Finance


Global Development Finance 17.39
ISIN. .

ORACLE 18.11, 18.4418.45
PARIS21. .
XXI
RDBMS. .

World Development Indicators 17.39