Finance for exports: United States policies and institutions
DOI:
https://doi.org/10.13133/2037-3643/11904Keywords:
US export finance, Export-Import Bank, export financing facilities, credit, policyAbstract
The article historically reconstructs the experience of export finance in the United States. The US case provides an apt illustration of the problems of adapting existing institutions to the requirements of a changing situation. The author considers the structure and organization of the Export-Import Bank and other early export financing facilities, as well as the inadequacies of these structures. The author concludes that the facilities currently available in the US appear more satisfactory for longer-term credits while European institutions seem superior as far as short and medium-term credits and guarantees are concerned.
JEL: F30, G21, E60
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