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Invite colleaguesPublic credit insurance benefits international trade - but how much?
Abstract
Little is known about the beneficial extent of public credit insurance for international trade. The subject is investigated by surveying the empirical literature. The survey suggests that a dollar of public credit insurance coverage creates between US$0.7 and US$2.8 worth of exports. The lower value in the previous sentence increases significantly, by 20 per cent to 40 per cent, if the exports involve a country where finance is constrained. While the literature is still in an early phase, the results so far point to clear benefits of public credit insurance for international trade. More research is needed.
The full article is available to subscribers to the journal.
Author's Biography
John Lorié serves as Atradius chief economist and is an affiliated researcher to the University of Amsterdam.
Citation
Lorié, John (2019, June 1). Public credit insurance benefits international trade - but how much?. In the Journal of Risk Management in Financial Institutions, Volume 12, Issue 3. https://doi.org/10.69554/BVHO4161.Publications LLP