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Ifo Institute; German Federal Ministry of Economics and Technology

February 14-15, 2014
State Export Credit Guarantees in a Globalized World
Munich, Germany
Global economic integration has increased impressively during the past few years, driven by international trade and foreign direct investments. In addition, multinational enterprises allocate their production plants ever more across different countries to exploit cost and specialization advantages. Today, rising export numbers are not only a result of growing cross-border sales of final goods, but stem as well from globally organized production and value chains. The international exchange of goods confronts firms with additional entrepreneurial challenges, among which the financial clearing of sales plays a particular role. The importance of credit for firms?? entrepreneurial success has been dramatically illustrated during the recent financial crisis, in particular for internationally active firms. What are the new insights in the trade and finance linkage in light of globally organized value chains? How do entrepreneurs, financial institutions and governments deal with these new challenges? This conference will offer academic researchers and policymakers a platform to share their expertise in these topics. Recent research papers dealing with trade finance also related to value chain questions are welcome as submission. [gem?_?? den Informationen des Anbieters - according to site editor's information]
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