The new OECD arrangement on export credits: Breakthrough or bad compromise?

Artikel

Public export credits and trade insurance require a global framework of institutions, rules and regulations to avoid subsidies and a race to the bottom. The extensive modernisation of the Arrangement on Officially Supported Export Credits (Arrangement) of the Organisation for Economic Co‐operation and Development intends to re‐level the playing field. This Practitioner Commentary describes the demand for adequate government interventions, considers the need for the reform and discusses key aspects of the new Arrangement. We argue that there is a breakthrough in several important areas such as tenors, repayment terms and green finance. However, we also find that the modernisation falls short in areas such as the interplay between different rulebooks, pre‐shipment instruments' regulations and climate action.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Global Policy ; ISSN: 1758-5899 ; Volume: 14 ; Year: 2023 ; Issue: 5 ; Pages: 958-961 ; Hoboken, NJ: Wiley

Klassifikation und Themen

• Klassifikation: Politik

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Klasen, Andreas ; Vassard, Jan
• Ereignis: Veröffentlichung
• (wer): Wiley
• (wo): Hoboken, NJ
• (wann): 2023

Weitere Informationen

• DOI: doi:10.1111/1758-5899.13255
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ