Export growth is seen by governments as a key to economic recovery. In the U.S., the Obama administration has pledged to double exports by 2015. To get a more complete picture of exports as the engine of economic growth, we are looking for export lenders to understand the contextual changes in export credit, as well as priorities in the evaluation of exporters. Conclusions from the study in the list of creditors export creditors direction Export-Import Bank of the United States show that the changes in the structure of the financial industry over the last two decades, coupled with the economic downturn has prompted policy at both the lending firm and government level, which limits the ability to make its exports contribution to the economic recovery. In addition, the results show that the current policy lender encourages emphasis on short-term profits rather than long-term strategic position in the exporting market. Lender preferences, in addition to government policies to increase regulation of the financial sector, to place significant constraints on the economic recovery. Therefore, we call for a key lender and government policy changes, which could free up industry restrictions and open export engine for economic recovery. "Hide
by David Griffith, Michael R Czinkota Source: Business Horizons 10 pages. Publication Date: May 15, 2012. Prod. #: BH476-PDF-ENG