Governments see export increase as being a key to economic recovery. In the U.S., the Obama Administration vowed to double exports by the year 2015.
To gain bigger insights into exports as an engine for growth, we believe the export lenders to understand the contextual transformation in the export lending, along with priority in the assessment of exporters. Conclusions from a review of export lenders on the lender referral list of the Export-Import Bank of the United States recommend that transformations in the financial industry's organization over the predecessor two decades, along with the economic recession, have aggravated policy-at both the lending firm and the governmental level-that obstruct the ability of exporting to add to economic revival.
Additionally, the findings imply that a focus encourages on short-term returns rather than an exporter's long-term strategic status in the market. Lender tastes, in addition to governmental policies increasing regulation of the financial sector, place important constraints on economic recovery. Therefore, we call for governmental policy changes and crucial lender that could release industry constraints and unleash the export engine for economic recovery.
PUBLICATION DATE: May 15, 2012 PRODUCT #: BH476-HCB-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS