IMF Working Papers

Export Credit Agencies, Trade Finance and South East Asia

By Malcolm Stephens

December 1, 1998

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Malcolm Stephens. Export Credit Agencies, Trade Finance and South East Asia, (USA: International Monetary Fund, 1998) accessed December 22, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper looks at the causes of the reduction in trade finance in South East Asian countries post-1997, with a particular focus on the role of export credit agencies. It concludes that while such agencies did not cause or prolong the problem, they did not contribute significantly to a solution. The paper also suggests some implications from events in South East Asia for both traditional debt-relief mechanisms and for the architecture of the international financial system.

Subject: Banking, Credit, Exchange rates, Export credits, Exports, Financial institutions, Foreign exchange, International trade, Money, Multilateral development institutions, Trade finance

Keywords: Bank supervisor, Capital market, Credit, East Asia, Exchange rate, Exchange rates, Export credit agencies, Export credits, Exporters in South East Asia, Foreign currency, Local bank, Multilateral development institutions, Private sector, Providing working capital, Short-term debt, South Asia, South East Asian countries, Trade credit, Trade credit facilities, Trade finance, Trade finance equivalent, Trade insurer, Trade line, Type export, Working capital facilities, WP

Publication Details

  • Pages:

    53

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 1998/175

  • Stock No:

    WPIEA1751998

  • ISBN:

    9781451976403

  • ISSN:

    1018-5941