文档信息
摘要:We believe total bank deposits are a more straightforward and intuitive indicator of a country’s economic prowess. Bank deposits can be readily translated into purchasing power and make for highly transparent statistics. Instead of being compiled by statistical agencies through sampling, bank deposit figures are closely monitored by commercial banks and regularly submitted to regulators for independent auditing. Generally speaking, total bank deposits—the size of which is proportional to trade surplus, net capital inflows and bank credit—provide a good gauge of a country’s economic strength.
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