These figures are to be attached to Polterovich and Popov's paper.

Transcription

1 These figures are to be attached to Polterovich and Popov's paper. Fig Foreign Exchange Reserves as a % of GDP, Average Ratios for Congo, Rep. US Mexico Russia ( ) India Brazil UK Pakistan Argentina Turkey (198-99) Germany ( ) Korea, Rep. France Indonesia (197-99) Philippines Italy Nigeria China ( ) Egypt UAE Iran(7-99) Israel Mauritius Ireland Thailand Kuwait Saudi Arabia Libya HK(-99) Botswana (197-99) % 1

2 Fig. 3.. Share of Gold in Reserves in the World and in the US (%, left scale) and the Ratio of Foreign Exchange Reserves to GDP in the World (%, right scale) Share of gold in reserves in the US (left scale) 9 8 Share of gold in reserves, % Share of gold in reserves in the world (left scale) Ratio of reserves to GDP (right scale) 7 3 Ratio of net reserves (excluding gold) to GDP (right scale) Fig. 3.a. Average Ratio of Imports to GDP and Average Ratio of Reserves to GDP in 19-99, % Lebanon Malta FER as a % of GDP Botswana R = Import as a % of GDP Fig Average Ratio of Gross International Reserves to GDP and Average Annual Growth Rates of GDP Per Capita in 19-99, %, Average annual growth rates of GDP per capita - Korea China Sierra-Leone Thailand Venezuela Switzerland R =.39 Average ratio of gross international reserves to GDP HK Botswana

3 Fig. 3.3a. Average Ratio of FOREX to GDP and GDP Per Capita Growth Rates in GDP per capita average annual growth rates in Ireland Portugal R =.1 New Zealand Switzerland 1 3 Average ratio of reserves to GDP in 19-99, % Fig. 3.. Increase in the Ratio of Gross Foreign Exchange Reserves to GDP and the Ratio of PPP to Official Exchange Rate in , % Ratio of PPP to official exchange rate Saudi Arabia Switzerland Kuwait Sweden Congo, Rep. Norway Denmark R =.811 Indonesia Guyana Nicaragua Increase in the ratio of gross foreign exchange reserves to GDP Ratio of official to PPP exchange rate, % Fig. 3.. Ratio of Official to PPP Exchange Rate (LCU per $1) in for Groups of Countries (unweighted average) Average developed FAST RICH All countries Average developing FAST POOR 3

4 Fig. 3.. PPP GDP Per Capita in 1999 and the Ratio of Domestic to US Prices of Tradables and Nontradables in 1993, % Ratio of domestic to US prices of tradables and non-tradables, % Cloth-dom/US Health-dom/US R =.8 1 R =.73 1 PPP GDP per capita in 1999, dollars Fig Increase in the Ratio of Gross International Reserves to GDP, p.p., and Average Ratio of Gross Capital Investment to GDP in 19-99, %, for... Countries Average ratio of gross capital investment to GDP 3 1 Gabon Algeria Congo,Rep. Sierra-Leone China (est.) Korea Philippines Guyana R = Increase in the ratio of gross international reserves to GDP, p.p. 1 Fig Investment/GDP Ratio and Average Ratio of Foreign Trade to PPP GDP in Export/GDP in R =.139 Exp/GDP-av-99 Trade/PPPGDP-av-99 R = Trade/GDP in 19-9i9 1 3 Investment/GDP ratio in and in 19-99

5 Fig Increase in the Ratio of FOREX to GDP in and Average Net inflows of FDI as a % of GDP in Average annual net inflow of FDI as a % of GDP R =.93 FDI in FDI in R = Increase in the ratio of FOREX to GDP in 19-99, p.p. Fig. 3.. Reserves/GDP Ratios and GDP Per Capita Growth Rates for 1 Fastest Developing Economies in , Unweighted Average, % ("" is the year of take-off) 3 8 GDP growth rates (actual and -year moving average), left scale Reserves/GDP ratios, right scale - FDI inflow, % of GDP, left scale External balance, % of GDP, left scale

6 Fig Average Real Exchange Rate Versus the US $ (Year 1 = %) in Fast Growing Developing Economies, Year "" Denotes the Point of Take-off Botswana China India Korea, Rep. Mauritius Sri Lanka FAST POOR Egypt, Arab Rep. Indonesia Thailand Fig Average Real Exchange Rate Versus the US $ (Year 1 = %), Trade Balance and Net Inflow of FDI as a % of GDP in 1 Fast Growing Developing Economies, Year "" Denotes the Point of Take-off RER, left scale FDI, right scale Trade balance, 3-year moving average, right scale