The Arrangement on Guidelines for Officially Supported Export Credits

The Arrangement on Guidelines for Officially Supported Export Credits

Author: OECD

Publisher: OECD Publishing

Published: 1998-10-31

Total Pages: 67

ISBN-13: 9264189874

DOWNLOAD EBOOK

This is the 1998 Arrangement. This Arrangement provides the institutional framework for an orderly export credit market; it aims to prevent an export credit race in which exporting countries compete on the basis of who grants the most favourable financing terms rather than on price and quality.


Officially Supported Export Credits; Developments & Prospects, May 1990

Officially Supported Export Credits; Developments & Prospects, May 1990

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1988-01-01

Total Pages: 60

ISBN-13: 145194263X

DOWNLOAD EBOOK

This paper emphasizes on the policy reaction of the agencies and their authorities to countries in various stages of debt-servicing difficulties. Export credit agencies have, over the past few years, been adopting a progressively more open stance. This is true with respect to short-term cover generally and, with respect to medium-term cover, for countries that have rescheduled their debts but are implementing adjustment programs and adhering to Paris Club agreements. Despite the more open stance, the volume of new medium-term credit and cover commitments to developing countries appears to have fallen off sharply over the past two years. Although for some debtors the operative constraint is clearly on the supply of new credits and cover, this is not the general case and, indeed, agencies reported net repayments from some countries for which they were wide open for new business. A number of agencies also considered that a factor behind the decline in both investment and export credits to support that investment could be the terms on which such credits are available.


Official Supported Export Credits Developments and Prospects

Official Supported Export Credits Developments and Prospects

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1990-03-01

Total Pages: 56

ISBN-13: 1557751390

DOWNLOAD EBOOK

This paper presents report on a number of countries in Asia that have made substantial use of agency credits, including the quasi-concessional financing available through mixed credit s. Through their willingness to grant comprehensive relief on a case-by-case basis, official creditors have responded flexibly to the needs of individual countries. The ability of export credit agencies to also provide substantial new financing to rescheduling countries has depended on the strategy of debt subordination achieved through fixing cutoff dates. As to the role of export credits at present, when the debt strategy’s continuing emphasis on new money flows is being supplemented by debt reduction, the debt subordination strategy followed by export credit agencies has left them well positioned to provide necessary new financing for middle-income countries pursuing strong adjustment. In heavily indebted low income countries, whose needs for project finance should most appropriately be met by concessional finance, export credit agencies continue to play an important role in supporting essential short-term credits.


Officially Supported Export Credits

Officially Supported Export Credits

Author: Mr.Balázs Horváth

Publisher: International Monetary Fund

Published: 1995-12-01

Total Pages: 68

ISBN-13: 9781557754486

DOWNLOAD EBOOK

This study discusses the importance of export credits, their recent growth, and the trend toward more extensive reliance by official bilateral creditors on export credits as an instrument of financial support, and raises a number of issues regarding the role and limitations of export credit financing, espeically for economies in transition.


Export Promotion and the WTO

Export Promotion and the WTO

Author: Philippe De Baere

Publisher: UN

Published: 2009

Total Pages: 56

ISBN-13:

DOWNLOAD EBOOK

This study focuses on export promotion schemes that developing countries may use without violating international trade rules. It examines the rules themselves ndash; the World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures for industrial goods and the Agreement on Agriculture for agricultural products ndash; and looks at schemes currently in place in the developing world.


Managing Official Export Credits

Managing Official Export Credits

Author: John E. Ray

Publisher: Peterson Institute

Published: 1995

Total Pages: 348

ISBN-13: 9780881322071

DOWNLOAD EBOOK

Drawing on US and international sources Ray traces the development of international rules governing the use of official export credits and makes specific proposals for reducing their cost through enhanced international cooperation. Ray also includes basic documents dealing with export credits and aid-credit competition; these will provide an invaluable reference library for those concerned with export credit policy.