Export Credit Agencies Increasing Support for Trade

Alexey Valerievich Bezdenezhnykh and Andrey Alexandrovich Bondarenko
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Alexey Valerievich Bezdenezhnykh: CEO of Credendo - Ingosstrakh Credit Insurance LLC, Moscow, Russia
Andrey Alexandrovich Bondarenko: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2021, issue 10, 77-86

Abstract: Export credit agencies have existed for more than a century as a tool of supporting exports and trade. The number of crises since 2000 requested from ECAs to reconsider their toolkit used for supporting national economies. Thus, ECAs have been transforming from institutions initially engaged in mostly insurance operations into the ones providing both insurance and banking services, offering not only insurance coverage for export and import operations, but also the tools of supporting banks as well as direct financing and lending.

Keywords: Export credit agencies; ECAs; industrial policy; support of foreign trade and export; trade credit insurance; political risks insurance; export credit insurance; Basel regulations; bank guarantees; small and medium size business support. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2021_10_77-86

DOI: 10.24412/2072-8042-2021-10-77-86

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