Export Credit Agencies

Export Credit Agencies
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By:"Delio E. Gianturco"
"Business & Economics"
Published on 2001 by Greenwood Publishing Group

The first \u003cb\u003eexport\u003c/b\u003e credit insurance programs in the world were offered by Federal of \u003cbr\u003e\nSwitzerland starting in 1906.1 Federal is a privately owned company still \u003cbr\u003e\noperating today. The first government \u003cb\u003eexport\u003c/b\u003e credit insurance programs were ...

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Gianturco examines the roles played by export credit agencies (ECAs) which are specialized financial institutions that cover some $1 trillion of exports each year. ECAs provide loans, guarantees, insurance, and other financial services to their particular nation's exporters and foreign direct investors. In terms of their financial impact on international trade, these agencies are unsurpassed, but rarely do they receive attention in the financial press or broader recognition. Gianturco discusses the functions ECAs play in international business and economic development.

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