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As argued in the preceding chapters, the principal mandate of export credit agencies (ECAs), since their emergence in the early 1900s, has been the promotion of national exports, using a variety of instruments to mitigate risks associated with exporting to risky markets, that is, to provide risk cover for exporters and commercial lenders and sometimes non-commercial lenders (e.g., Exim banks) in markets where export credit insurance and export credits are split between two ECAs, as in China, as well as augmenting trade finance liquidity. ECAs help their home countries to open new export markets and manage risks and uncertainties in difficult markets.

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Response to Global Shocks with Special Emphasis on the Case of the COVID-19 Pandemic

  • 章节

  • 发表日期：

    2025年

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  • Benedict Oramah,
  • Richman Dzene

摘要

As argued in the preceding chapters, the principal mandate of export credit agencies (ECAs), since their emergence in the early 1900s, has been the promotion of national exports, using a variety of instruments to mitigate risks associated with exporting to risky markets, that is, to provide risk cover for exporters and commercial lenders and sometimes non-commercial lenders (e.g., Exim banks) in markets where export credit insurance and export credits are split between two ECAs, as in China, as well as augmenting trade finance liquidity. ECAs help their home countries to open new export markets and manage risks and uncertainties in difficult markets.