13 TABLE 2

# FLOW OF NEW COMMITMENTS OF OFFICIALLY SUPPORTED MEDIUM- AND LONG-TERM EXPORT CREDITS, 1981-1989

|Category<br>la|Category<br>[Ia|Category<br>11<sup>5a</sup>|<br>Total of|
|---|---|---|---|
|(Mainly|(Middle-Income|<br>(Low-Income|<br>Categories|
|Industrial)|<br>DeveLoping)|Developing)|<br>II and III|
|Countries|<br>Countries|Countries|(Developing<br>Countries) Total|

|A. Medium-<br>and long-term<br>credits<br>with an initial<br>term of over on|e yearb,<br>billion S|DRs tUSS b|illion)d|
|---|---|---|---|
|1981<br>...<br>...<br>...<br>1982<br>..<br>...<br>...|...<br>...|70.2<br>77.5<br>|(82.8)<br>(85.6)<br>|
|1983<br>...<br>...<br>...<br>1984|...|63.1<br>568|(67.5)<br>(582)|
|<br>.<br>...<br>...<br>1985<br>11.8 (12.0)<br>24.1 (24.6)<br>10.5 (10.7)<br>1986<br>10.0 (11.7)<br>19.0 (22.2)<br>9.7 (11.3)<br> <br> <br>|<br>34.6 (35.3)<br> <br>28.7(33.6)<br>|.<br>47<sup>.1c</sup><br>39.3<br>|.<br><sup>(47.8)</sup><br>c (46.1)<br>|
|1987<br>12.4 (16.0)<br>16.2 (20.9)<br>7.3(9.4)<br>1988<br>7.3 ( 9.8)<br>15.9 (21.3)<br>9.5 (12.7)<br>1989<br>9.2 (11.8)<br>20.8 (26.6)<br>10.4 (13.3)|Z3.5 (30.4)<br> <br>25.4 (34.0)<br> <br>31.2 (39.9)|36<sup>.4c</sup><br>33.2<br>41.4|<sup>(47.1)</sup><br>c (44.6)<br>c (53.1)|
|B. Long-term<br>credits<br>with an initial<br>term of over five yearsb,<br>b|<br>illion<br>SDRs (USS b|ilLion)d||
|1981<br>...<br>...<br>...<br>|..|18.2<br>185|(21.5)<br>(204)|
|1982<br>...<br>...<br>...<br>1983|...|.<br>130|.<br>(139)|
|<br>...<br>...<br>..<br>1984<br>1.8 (1.9)<br>6.8 (7.0)<br>2.5 (2.6)<br> <br> <br> <br>|...<br>9.3 (9.6)<br>|.<br>11.1<br>|.<br>(11.4)<br>|
|1985<br>1.0 (1.0)<br>4.8 (4.9)<br>2.5 (2.6)<br>1986<br>0.8 (0.9)<br>4.4 (5.1)<br>2.7 (3.2)<br> <br> <br> <br>|7.3 (7.4)<br>7.1 (8.3)<br>|8.3<br>8.0<br>|( 8.4)<br>( 9.4)<br>|
|1987<br>1.8 (2.3)<br>2.9 (3.7)<br>1.7 (2.2)<br> <br> <br>|4.6 (5.9)<br>|6.4<br>|( 8.3)<br>|
|1988<br>1.4 (1.9)<br>3.5 (4.7)<br>4.7 (6.3)<br> <br> <br> <br>|8.2 (11.0)<br>|9.6<br>|(12.9)<br>|
|1989<br>2.4 (3.1)<br>3.6 (4.6)<br>1.9 (2.4)|5.5 (7.0)|7.9|(10.1)|
|C. Share of long-term<br>credits<br>in total (B/A),<br>percent||||
|1981<br>...<br>...<br>...<br>1982<br>...<br>...<br>...<br>|...<br>...|25.9<br>23.9<br>||
|1983<br>...<br>...<br>|...|20.6<br>||
|i984<br>...<br>...<br>..<br>1985<br>8.5<br>19.9<br>23.8<br>1986<br>8.0<br>23.2<br>27.8<br>1987<br>14.5<br>17.9<br>23.3<br> <br>|...<br>21.1<br>24.7<br>19.6<br>|19.5<br>17.6<br>20.4<br>17.6<br>||
|1988<br>19.2<br>22.0<br>49.5<br> <br> <br> <br>183|32.3<br>176|28.9<br>191||
|1989<br>26.1<br>17.3<br>.|.|.||

Source: OECD, Secretariat of the Export Credit Group; and Johnson, Fisher and Harris (1990), Table 1. Notes: a The country categories correspond to the classification used by the OECD consensus on Export Credits. Since 1982, this Arrangement has classified as Category I all countries with a GDP per capita of over S4,000 per annum according to 1979 data published in the 1981 World Bank Atlas; as Category II all countries not classified in Categories I or III; and as Category III all countries<sup>etigible forIDA credits</sup> plus any low-income countries or territories whose GNP per capital would not exceed the IDA eligibility level. b The value of commitments includes principal and insured interest. c Includes unallocated credits, so total exceeds the sum of the categories. d SDRs converted to **USS** using yearly average exchange rates from IMF, International Financial Statistics.