Export Credit Agencies, Trade Finance, and South East Asia

53 Pages Posted: 15 Feb 2006

Date Written: December 1998


This paper looks at the causes of the reduction in trade finance in South East Asian countries post-1997 with a particular focus on the role of export credit agencies. It concludes that while such agencies did not cause or prolong the problem they did not contribute significantly to a solution. The paper also suggests some implications from events in South East Asia for both traditional debt-relief mechanisms and for the architecture of the international financial system.

Keywords: Export credit agencies, trade finance, South East Asian countries

JEL Classification: F19, F32, F43, F49, G15, N75

Suggested Citation

Stephens, Malcolm, Export Credit Agencies, Trade Finance, and South East Asia (December 1998). IMF Working Paper No. 98/175, Available at SSRN: https://ssrn.com/abstract=883924

Malcolm Stephens (Contact Author)

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