{
"item_title" : "Export-Import Bank",
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"item_description" : "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.",
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Export-Import Bank : Additional Analysis and Information Could Better Inform Congress on Exposure, Risk, and Resources
Overview
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.
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Details
- ISBN-13: 9781503170650
- ISBN-10: 1503170659
- Publisher: Createspace Independent Publishing Platform
- Publish Date: December 2014
- Dimensions: 11.02 x 8.5 x 0.12 inches
- Shipping Weight: 0.34 pounds
- Page Count: 56
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