Many small- and medium-sized emerging exporters in developing countries have inadequate access to short-term working capital to finance their export transactions. This is mainly due to a market failure resulting from informational asymmetries on the part of banks about exporters' ability to execute export orders according to buyers' standards of quality, cost, and delivery. Several countries have established pre-shipment export finance guaranty facilities...
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INFORMATION
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2007/04/01
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Fiche
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40918
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1
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1
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2010/07/01
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Disclosed
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Access to preshipment export finance : do guarantees help
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Poverty Reduction & Economic Management
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