External assets that is readily available to and controlled by the authorities for direct financing of payments imbalances and for indirect regulation of the magnitude of such imbalances.

一国当局可以使用和控制的外部资产，它可直接用来弥补国际收支不平衡或间接用来平衡国际收支。

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The foreign debts represent only 6% of total bank assets and the effect on these liabilities is mitigated by the dollar assets banks create with this funding through export-credit financing.

ECONOMIST: Letters

One option reportedly being considered is to sell assets to special vehicles jointly owned by private investors and the government, with the latter financing part of the sale to make the assets more attractive.

ECONOMIST: Expect more give and less take from the mortgage rescue

But as Rio's difficulties in unloading some of Alcan's subsidiaries illustrate, getting decent prices for divested assets would been almost impossible in an industry paralysed by a dearth of financing.

ECONOMIST: BHP Billiton ends its pursuit of Rio Tinto