"The Role of Export Credit Agencies in Trade Financing"

Spis treści

List of abbreviations 7

Preface 9

1.1. Introduction 11

1.2. Trade finance and international trade growth 11

Chapter I. Theoretical foundations of trade finance 11

1.3. Financing export/import transactions 15

1.3.1. Trade finance products 18

1.3.2. Trade finance optimisation in international trade 23

1.4. New solutions in transaction financing: supply chain finance 29

1.4.1. Characteristics and role of supply chain finance in transaction financing 30

1.4.2. Growth of supply chain finance market 36

2.1. Introduction 41

Chapter II. Organisational and functional structure of export credit agencies (ECAs) 41

2.2. Organisational structure of ECAs 42

2.3. Programmes offered by export credit agencies 44

2.4. Harmonisation of the rules governing the official support to export credits 54

2.4.1. International debate 54

2.4.2. European Union’s role in working out homogenous terms for granting export credits 56

2.4.3. OECD role in harmonising competition conditions for officially supported export credits 61

3.1. Introduction 77

3.2. Global development of export credit agencies 77

Chapter III. Global assessment of export credit agencies performance 77

3.3. Export credit agencies goals in the context of adopted organisational and functional solutions 83

3.4. Competitiveness of export credit agencies 85

Conclusion 97

Bibliography 99

List of tables 105

List of figures 107

Authors’ Biography 109