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This paper emphasizes on the policy reaction of the agencies and their authorities to countries in various stages of debt-servicing difficulties. Export credit agencies have, over the past few years, been adopting a progressively more open stance. This is true with respect to short-term cover...
Persistent link: https://www.econbiz.de/10014397920
This paper emphasizes on the policy reaction of the agencies and their authorities to countries in various stages of debt-servicing difficulties. It was found that, largely for competitive reasons and provided that significant arrears had not emerged, agencies as a group had tended to remain...
Persistent link: https://www.econbiz.de/10014398448
Export credit agencies (ECAs) have played a critical role in financing for developing countries in recent years, and … 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 …
Persistent link: https://www.econbiz.de/10014403344
This paper proposes a stylized sequencing of banking supervision and bank restructuring measures designed to complement and expedite the adoption of indirect instruments of monetary policy. Appropriate sequencing reflects both operational considerations and macroeconomic effects of structural...
Persistent link: https://www.econbiz.de/10014395923
financial crisis …
Persistent link: https://www.econbiz.de/10014410268
This paper discusses developments and issues concerning export credits from the perspective of the economic adjustment process of indebted developing countries. This emphasis is consistent with the principle that officially supported export credit-whether it takes the form of direct official...
Persistent link: https://www.econbiz.de/10014397993
This paper presents report on a number of countries in Asia that have made substantial use of agency credits, including the quasi-concessional financing available through mixed credit s. Through their willingness to grant comprehensive relief on a case-by-case basis, official creditors have...
Persistent link: https://www.econbiz.de/10014397994
Persistent link: https://www.econbiz.de/10014409712
This Selected Issues paper for Hungary highlights the monetary policy framework in Hungary and the models used by the …
Persistent link: https://www.econbiz.de/10014404671