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portada The Market, the State, and the Export-Import Bank of the United States, 1934-2000
Type
Physical Book
Year
2003
Language
English
Pages
354
Format
Hardcover
ISBN
0521811430
ISBN13
9780521811439
Categories

The Market, the State, and the Export-Import Bank of the United States, 1934-2000

William H. Becker; Jr William M. Mcclenahan (Author) · Cambridge University Press · Hardcover

The Market, the State, and the Export-Import Bank of the United States, 1934-2000 - William H. Becker; Jr William M. Mcclenahan

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Synopsis "The Market, the State, and the Export-Import Bank of the United States, 1934-2000 "

This is the first history of the Export-Import Bank of the United States (Ex-Im) based on archival sources. As the government's exports credit agency, Ex-Im promotes exports through loans, guarantees and insurance and has had an unusual history as a public institution shaped by market principles. Congress mandated that the Bank only provide credit with a reasonable assurance of repayment. But the rules of the market and the needs of the state conflicted at times. Ex-Im has played a part in all the major events that marked the growing involvement of the United States in the international economy. In the last two decades, the bank has carried on its congressionally mandated mission in an increasingly complicated environment brought on by changes in private capital markets; congressional constraints on its budgets; major financial crises in Latin America and South-East Asia; fast-moving developments in communications and information technology and the demands of non-governmental organisations devoted to environmental protection.

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