Officially Supported Export Credits: Developments and Prospects

World Economic and Financial Surveys, December 1, 1995

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Study focus: 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.
Central concern: raises a number of issues regarding the role and limitations of export credit financing, especially for economies in transition.
Authors: Christopher J. Jarvis, Balázs Horváth, Michael G. Kuhn.
Publication date: December 1, 1995.

Export credits have grown in importance and exhibit recent growth.
Official bilateral creditors are increasingly relying on export credits as an instrument of financial support.
There are distinct role and limitation considerations for export credit financing when applied to economies in transition.

Role limitations of export credit financing for economies in transition.
Potential policy and financial risks associated with increased reliance by official bilateral creditors on export credits.
The study raises unspecified "a number of issues" tied to applicability and constraints of export credit instruments in transitional contexts.

Subjects: Commercial banks, Credit, Economic sectors, Export credits, Exports, Financial institutions, International trade, Money, Public sector.
Keywords: Africa, agency, Baltics, Central and Eastern Europe, Commercial banks, country, cover policy, Credit, Eastern Europe, Europe, export credit, export credit activity, export credit agency, export credit commitment, Export credits, Exports, financing, Public sector, supported export credits, WEFS.