Recent Export Credit Market Developments
March 1, 1997
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Summary
Export credit agencies (ECAs) have played a critical role in financing for developing countries in recent years, and officially supported export credits have been growing in volume. The current export credit exposure to developing countries and economies in transition has reached almost half a trillion dollars. This paper reviews developments in export credit markets affecting exposure, new commitments, and cover policy for developing countries and economies in transition and discusses three key issues affecting export credit markets: a more widespread involvement of ECAs in project financing transactions, a strong presence of ECAs in the market for investment insurance, and a deepening of the forfeiting market.
Subject: Export credits, Exports, External debt, Financial institutions, International trade, Project loans
Keywords: Asia and Pacific, Baltics, country, debtor country, Eastern Europe, export credit, export credit agency, export credit commitment, export credit exposure, Export credits, Exports, financing, importing country, Project financing transaction, Project loans, WP
Pages:
16
Volume:
1997
DOI:
Issue:
027
Series:
Working Paper No. 1997/027
Stock No:
WPIEA0271997
ISBN:
9781451844481
ISSN:
1018-5941





