Skip to main content Accessibility help
×
Hostname: page-component-7bb8b95d7b-qxsvm Total loading time: 0 Render date: 2024-09-12T14:40:08.016Z Has data issue: false hasContentIssue false

Preface and Acknowledgments

Published online by Cambridge University Press:  13 July 2009

William H. Becker
Affiliation:
George Washington University, Washington DC
William M. McClenahan, Jr
Affiliation:
University of Maryland, College Park
Get access

Summary

In 2000, the Export-Import Bank of the United States (Ex-Im) marked its sixty-fifth anniversary. Ex-Im is the United States' export credit agency (ECA). It is a federal entity dedicated to promoting American exports by providing loans, guarantees, and insurance, without competing with the private sector. Many other countries have ECAs, including all the world's major industrial exporting countries. Throughout its history, Ex-Im has served the interests of the American exporter community, while also attending to the public policy goals of the executive branch and Congress. For almost half of its recent history, Ex-Im has played a part on the world scene by contributing to the United States' efforts to promote freer trade – leveling the playing field by standardizing practices among ECAs – through negotiations at the Organization for Economic Cooperation and Development (OECD).

At the turn of the century, the Bank was confronting a series of changes in private international capital markets and in the practices of other ECAs. In the last two decades, Ex-Im conducted its business in the midst of major international financial crises in Latin America in the 1980s and Southeast Asia in the late 1990s. Like other private and public institutions, Ex-Im also had to face up to the opportunities and challenges of the revolution in information technology and the arrival of the Internet. In addition, as an institution operating on the world scene, Ex-Im had to pay heed to the demands of nongovernmental institutions devoted to environmental causes.

Type
Chapter

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×