export-import-bank
London Calling: Ex-Im Shutdown Prompts GE to Look Elsewhere for Export Financing
GE has signed a new export deal with the UK government that could create as many as a thousand jobs in the country.
Gary Hufbauer: Globalization Policy Can Earn a B+ in 2015 — If It Delivers 3 Things
Trade expert Gary Hufbauer grades the global trade agenda “incomplete,” but bright prospects for the Trans-Pacific Partnership and progress at the WTO still bode well for trade liberalization.
Brackett Denniston: The Truth about the Ex-Im Bank and Why America Needs It
Without the Ex-Im Bank, American businesses and employees will compete on a very uneven playing field.
The charter of the Export-Import Bank of the U.S. (Ex-Im) expired at the end of June, disabling it from making any new loans unless Congress takes action now that it has returned from its July 4th recess. I have heard some Ex-Im opponents cheer this charter lapse as an “historic victory.” But the only thing that will be “historic” is the enormity of the blunder in failing to renew Ex-Im’s charter.
Stephen Ezell: They’re Dancing in the Streets in Beijing and Berlin
Though some in Congress claim to be fighting “crony capitalism” by letting the Ex-Im Bank’s authorization expire, the only ones to benefit are U.S. competitors.
John Murphy: What Is Seen and What Is Unseen — The Invisible Beneficiaries of the Ex-Im Bank
Beyond the several thousands of U.S. companies that benefit directly from Ex-Im financing, the Bank is critical to tens of thousands of smaller companies that supply goods and services to large exporters.
In a hearing of the House Financial Services Committee earlier this month on the future of the U.S. Export-Import Bank (Ex-Im), a number of conservative lawmakers made reference to “What is Seen and What is Unseen,” an essay by the 19th century French political economist Frederic Bastiat.
Nicole Y. Lamb-Hale: Safeguarding U.S. Trade Secrets Abroad — An Imperative for U.S. Competitiveness
When it comes to safeguarding America’s trade secrets — and the jobs that depend on them — bolstering U.S. law is not enough. The Trans-Pacific Partnership can help to ensure more robust protection abroad as well.
Sophisticated techniques for stealing trade secrets from U.S. companies are being deployed by foreign perpetrators at an unprecedented rate, at a potential cost of billions of dollars.
Amb. Jendayi Frazer: Ex-Im Bank Key to Economic Diplomacy
The Ex-Im Bank is a necessary tool to involve American companies in emerging market growth and deepen economic ties.
Stephen Ezell: Latest Data Lend Urgency to Need for Ex-Im Bank Reauthorization
With global competitors expanding export credit to support their own companies, why would the Unites States unilaterally disarm the Ex-Im Bank?
With Congress in the midst of considering legislation to reauthorize the U.S. Export-Import (Ex-Im) Bank — its current authorization expires and thus must be extended by June 30, 2015 — comes fresh evidence reiterating the vital need for the Bank in providing export credit finance support for America’s exporters.
Jeffrey R. Immelt: The Importance of Growth
Speech as delivered to The Economic Club, Washington, DC, on June 17, 2015.
