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Credit Insurance During The Financial Crisis

Author

Listed:
  • Emilia CLIPICI

    (University of Pitesti, Arges, Romania)

Abstract

In international economic relations, credit is an indispensable element, being viewed by most specialists as the engine of a national economy, due to the role of the driving investments and based on them, the employment, the increase in the production, etc., the use and typology according to the duration and nature of the operations performed. Export credits are, along with the other types of loans, part of the specialized loan category held in the portfolio of most commercial banks. Export credits or export pre-financing credits are loans granted by banks to business entities with production made for export in order to support or promote it, or to cope with exceptional needs occurred in the period of making the export production. This paper describes recent trends noticed in export credit insurance, especially from 2008 to 2011.

Suggested Citation

  • Emilia CLIPICI, 2013. "Credit Insurance During The Financial Crisis," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 1, pages 38-45, June.
    • Handle: RePEc:cmj:seapas:y:2013:i:1:clipicie
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    References listed on IDEAS

    as
    1. Peter Egger & Thomas Url, 2006. "Public Export Credit Guarantees and Foreign Trade Structure: Evidence from Austria," The World Economy, Wiley Blackwell, vol. 29(4), pages 399-418, April.
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    3. Christoph Moser & Thorsten Nestmann & Michael Wedow, 2008. "Political Risk and Export Promotion: Evidence from Germany," The World Economy, Wiley Blackwell, vol. 31(6), pages 781-803, June.
    4. Peter M. Jones, 2010. "Trade Credit Insurance," World Bank Publications - Reports 27726, The World Bank Group.
    5. Koen van der Veer, 2010. "The Private Credit Insurance Effect on Trade," DNB Working Papers 264, Netherlands Central Bank, Research Department.
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    More about this item

    Keywords

    Credit insurance; Insurance market; Global financial crisis;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • D00 - Microeconomics - - General - - - General

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