Capital Flow Analysis
By John Schroy, on March 11th, 2006 |

The Bank of Japan publishes quarterly statistics on Japanese national flow of funds accounts in Excel format, in English, on their website.
The flow of funds accounts is a matrix showing financial transactions among various economic entities, and corresponding stock data on financial claims and liabilities of them.
Capital Flow Analysis
By John Schroy, on March 10th, 2006 |

In 1993, after thousands of hours of committee work by economists and bureaucrats from all nations, the United Nations, with the blessing of the International Monetary Fund, issued a recommendation for a System of National Accounts (known as SNA 1993).
Compared to the Federal Reserve National Flow of Funds Accounts, the United Nations SNA 1993 is not a product that is ready for prime time.
World Economy
By John Schroy, on February 19th, 2006 |

It used to be that the term ‘international liquidity’ meant the relative amount of resources available to a nation’s monetary authorities that could be used to settle a balance of payments deficit. In the days of the gold standard, this would mean access to gold that could be used to redeem a nation’s currency held by foreigners.
After Bretton Woods and the advent of the dollar-gold exchange standard, liquidity came to mean access to dollars, either held as reserves or as credit lines, or the SDR system maintained by the International Monetary Fund.
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