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Recent Export Credit Market Developments

International Monetary Fund

No 1997/027, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; export credit; export credit agency; country; financing; debtor country; export credit commitment; Project financing transaction; export credit exposure; importing country; Export credits; Project loans; Exports; Baltics; Eastern Europe; Asia and Pacific (search for similar items in EconPapers)
Pages: 16
Date: 1997-03-01
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Citations: View citations in EconPapers (3)

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