Export-Import Bank: Additional Analysis and Information Could Better Inform Congress on Exposure, Risk, and Resources Book PDF, ePub eBook

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Book Descriptions:
Ex-Im is an independent agency operating under the Export-Import Bank Act of 1945, as amended. Its mission is to support the export of U.S. goods and services, thereby supporting U.S. jobs. Ex-Im’s charter states that it should not compete with the private sector. Rather, Ex-Im’s role is to assume the credit and country risks that the private sector is unable or unwilling to accept, while still maintaining a reasonable assurance of repayment. As a result, when private-sector lenders reduced the availability of their financing after the 2007-2009 financial crisis, demand for Ex-Im products correspondingly increased.

Export-Import Bank: Additional Analysis and Information Could Better Inform Congress on Exposure, Risk, and Resources by Government Accountability Office

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