But China is a net creditor.

3. Credits to Member States

As an immature creditor lender, the trade balance and current account are in surplus as well as a mature creditor lender, the trade balance returns to deficit finally, as a creditor borrower, the country s current account swings into deficit.

In every currency union, there are creditor and debtor regions.

Risk premiums widened, and the eurozone was divided into creditor and debtor countries.

After a certain date, the reseller exclusively requested credit notes.

In the later stages, the country becomes a net creditor, running an investment income surplus.

Member States are given credit in proportion to their rates of contribution to the UNOMIL budget.

Member States are given credit in proportion to their rates of contribution to the UNOMUR budget.

Reflecting the divergence in economic performance, Europe became divided into creditor and debtor countries.

As a result, the eurozone has become divided into creditors and debtors, with the creditors in charge of economic policy.

But this arrangement is quickly becoming unsustainable. China s far reaching shift to a new growth model implies major structural and macroeconomic changes in the medium and long term.

After all, faced with infinite quantitative easing, being a large net creditor means being in the worst position in today s global economy.

Great Britain had been the hegemonic power of the nineteenth century, but its creditor status had been severely eroded by the cost of fighting World War I.

Member countries are now divided into two classes creditors and debtors with the creditors in charge.

8. One outstanding problem involved debts to international financial institutions, which were quot preferred creditors quot .

On the other hand, all payroll deductions effected at UNICEF are credited to their staff members accounts, giving rise to non existent credit balances.

If actual staff assessment income has exceeded the estimated income, the balances are distributed to Member States as additional credits.

The amount of 3,088,878 shown as programme support costs of general resources includes credit adjustments to prior bienniums of 67,996.

For the purposes of the present report, payments are taken to include cash payments by the Member States concerned, together with the application of any credits arising to their account during the period concerned.

Both Georgia and the Niger had payments and credits applied to their outstanding assessed contributions in 2004 that exceeded the amounts foreseen in their payment plans.

6. Table 1 summarizes the status of assessed contributions received and unpaid as at 30 September 1994, taking into account applied credits.

(a) The amount of 104,566,178 shown as project costs of general resources includes credit adjustments to prior bienniums of 1,109,121.

As international capital markets developed in the early nineteenth century, state governments borrowed on a large scale, quickly turning them from creditors into debtors.

Hatoyama s assertiveness vis à vis the US is in accord with Japan s position as the world s largest creditor with the least damaged banking sector.

Encourages Member States that are owed credits for the closed peacekeeping mission accounts to apply those credits to any accounts where the Member State concerned has outstanding assessed contributions

Encourages Member States that are owed credits for the closed peacekeeping mission accounts to apply those credits to any accounts where the Member State concerned has outstanding assessed contributions

In turn, it is transferred to the Tax Equalization Fund, where it is credited to the sub account of each Member State in direct proportion to its assessment for the budget (see para. 14 above).

Bank lending is especially limited for Africa, where several countries once borrowed significantly and grew to become substantial debtors.

The euro crisis is now turning the EU into something fundamentally different, dividing member countries into two classes creditors and debtors with the creditors in charge.

A number of final users, claiming the microprocessors were fake, returned them to the reseller, who returned them to the first seller, receiving in return in some cases replacements, and in other cases credit notes.

The war helped catapult the U.S. from being a debtor nation to a creditor one, and Wilson's leading role in the negotiations at Versailles even though he actually didn't get what he wanted made America a big player on the world stage for the first time.

Debates within eurozone member states typically converge on what legal scholars call herrschende Meinung ( dominant opinion ), which, in turn, appears to reflect their countries status as creditors or debtors.

The Assembly has, however, authorized the allocation of credits in respect of the unencumbered balances of a number of peacekeeping accounts for prior periods, for which assessments had been issued for the former Yugoslavia.

(b) The amount of 1,701,803 (1990 1991 4,492,939) shown in statement VI includes pre project expenditure in the amount of 127,085 credit adjustment (1990 1991 701,779).

Payments credits totalling 1,506,184 were applied during that period, compared to anticipated payments totalling 336,539 for those years in its schedule.

In accordance with rule 205.2 of the Financial Rules of the Fund, losses and gains on exchange arising from the payment of voluntary contributions from Governments are recorded as a credit or debit to such contributions

The Department of Peacekeeping Operations informed the Board that during a recent workshop for Chief Financial Officers, it had reiterated to the Accounts Division the importance of strict compliance with the rules relating to the reservation of credits in the accounts and to the periodic review of unliquidated obligations.

The table contained in annex VII shows the net contributions and credits outstanding for the former Yugoslavia that arose after 27 April 1992, that is, the post dissolution arrears specified under the proposal by the representative of Ghana.

The balance of the staff assessment income available, after providing for the amounts required to reimburse staff members for their national income tax liabilities on their United Nations earnings, was distributed as a credit to Member States.

The status of contributions report for 30 June 2005 was printed too early in July to reflect any assessments or the application of credits returned to Member States that were approved by the General Assembly in late June.

His country welcomed the initiatives taken by certain creditor countries with a view to reducing or writing off the debt of the least developed countries and of low and middle income countries, and other creditor countries should consider analogous measures.

In a famous analysis of the Great Depression, the economic historian Charles Kindleberger argued that it arose from a failure of world leadership. Great Britain had been the hegemonic power of the nineteenth century, but its creditor status had been severely eroded by the cost of fighting World War I.

33. For all Member States, the credits given, based on budgetary estimates, need to be adjusted periodically to reflect the actual staff assessment income that has accrued, as shown in the final accounts of the financial period.

38. For the reasons outlined in paragraphs 34 to 36, the amounts to be credited to Member States for staff assessment income and the timing of such credits (i.e. in advance of, or after, a financial period) require further analysis and review.