Export Credits : Developments & Prospects 1986.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

World Economic and Financial Surveys; World Economic and Financial Surveys ; No. 1986/003

World Economic and Financial Surveys

Language:

English

Subjects (All):

Export credit.

Physical Description:

1 online resource (41 pages)

Place of Publication:

Washington, D.C. : International Monetary Fund, 1986.

Language Note:

English

Summary:

This paper discusses developments and issues concerning export credits from the perspective of the economic adjustment process of indebted developing countries. This emphasis is consistent with the principle that officially supported export credit—whether it takes the form of direct official credits or insurance and guarantees on privately funded credits—is an instrument of commercial financing for exports and not a means of aid finance. All creditor governments have a broad range of objectives in using the economic instruments at their disposal to help overcome the adjustment problems of heavily indebted countries, with which important bilateral trade relations are being maintained. In support of an expansion in world trade and notwithstanding the competitive element, export credit insurance and guarantees may have a special role in helping to catalyze private credit flows, especially since such a role coincides with the interest of private lenders to shift away from general purpose balance of payments finance to trade and project finance.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Description based on print version record.

ISBN:

9781463955953

1463955952

9781463988753

1463988753