Basic Economics of the Export-Import Bank of the United States
Authorization for the Export-Import Bank of the United States recently lapsed for the first time in more than 80 years, though it may be reestablished at any time. We present an economic efficiency analysis of bank's activities in a simple open-economy model. This analysis brings clarity to the ongoing political debate regarding this institution. We discuss key arguments in support of and against the bank's continued activities. We highlight the special privileges that the bank offers to a few domestic businesses, negatively distorting the private market opportunities in the markets in which these favored businesses operate and widely distributing the economic costs across nonfavored constituencies
Year of publication: |
2018
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Authors: | Beekman, Robert |
Other Persons: | Kench, Brian (contributor) |
Publisher: |
[2018]: [S.l.] : SSRN |
Subject: | USA | United States | Außenhandelsbank | Export-import bank | Außenhandelsfinanzierung | Foreign trade finance |
Saved in:
freely available
Extent: | 1 Online-Ressource (17 p) |
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Series: | |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 08/27/2015 erstellt |
Other identifiers: | 10.2139/ssrn.3191374 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012917419
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