ESD Data Bank

The lowest wage rate that an employer should pay his workers, as fixed by the Board and which shall in no case be lower than the applicable statutory minimum wage rate as may be fixed by Congress

Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other rela..

Other Investments is a residual category that includes positions and transactions other than those included in direct investments, portfolio investments, financial derivatives and employee stock options, and reserve assets. To the extent that the follo..

Financial Derivatives transactions cover largely the settlement of obligations arising from financial derivative contracts. Financial derivative is a financial instrument that is linked to another specific financial instrument, indicator or commodity, ..

Portfolio investment is usually referred to as “hot money” since the investor’s motiveis short-term as opposed to a direct investor’s significant degree of influence in a company. A portfolio investor will buy or sell a financia..

Direct investment refers to capital participation in a company in which the investor has a significant degree of influence on management of the company. By convention, this is manifested by ownership of at least ten percent of the company’s equit..

The capital account consists of capital transfers and acquisition and disposal of nonproduced, nonfinancial assets between residents and nonresidents. This also includes grants and donations, the intention of which is for investment (i.e., machinery an..

Primary Income Account shows flows for the use of labor and financial resources between resident and nonresident institutional units. Primary income represents the return that accrues to institutional units for their contribution to the production proc..