Essays and reports - Export Credit Agencies
Export credit the new 'odious debt' of the Third World by Upstream Journal, Sept/Oct 2006, Vol 20, No 4/5 (p 13) Patricia Adams, executive director of Probe International, speaking to the European Commission Conference on Export Credit Agencies and Sustainable Development, 20 June 2006, Brussels.
September 1/2006
Free the Third World of export credit agencies by Patricia Adams In the presence of overwhelming evidence of harm, and in the absence of any legitimate public policy benefit, export credit agencies should be shut down.
National Post June 21/2006
Export credit debt prevention by Patricia Adams Three steps to protecting future generations from export credit agencies.
Address to the European Commission Conference on Export Credit Agencies and Sustainable Development June 20/2006
Exporters to identify agents and face random audits in anti-bribery drive by Jean Eaglesham Exporters will have to identify middlemen and face random audits to detect potential bribes under tough anti-corruption rules issued by the government yesterday.
Financial Times April 5/2006
Agency to boost anti-corruption by BBC News The Export Credits Guarantee Department (ECGD) offers UK exports insurance against non-payment.
March 17/2006
BAE ordered to name payment agents by David Leigh and Rob Evans BAE Systems, Britain's biggest and most influential arms company, has been ordered to reveal the identity of agents it uses to make secret payments abroad.
The Guardian March 17/2006
Significant victory for the fight against corruption by Corner House Export Credit Guarantee Department re-improves its anti-corruption procedures.
March 15/2006
'Few countries have much mettle for enforcing anti-bribery laws' by CIOB International News (The Chartered Institute of Building) According to Probe International in Toronto, Germany and Japan are challenging efforts to tighten anti-corruption guidelines covering companies supported by official export credit agencies.
February 27/2006
Covering letter for the ECA-Watch briefing paper on bribery in its phase 2 reviews by ECA-Watch: "The paper details comments made so far about Export Credit Agency practice on combating bribery and looks at the recommendations made by the OECD Working Group on Bribery and Phase 2 peer review examiners for improving ECA practice" regarding bribery.
February 24/2006
Experience and Practice of Combating Bribery in Officially Supported Export Credits by Prepared by Dr. Sue Hawley, The Corner House, on behalf of ECA-Watch The evidence so far from the OECD Working
Group on Bribery Phase 2 reviews.
February 24/2006
Germany and Japan block new anti-bribery guidelines for export credit agencies by Odious Debts Online Anti-bribery watchdog calls OECD guidelines "paper tiger" anyway.
February 24/2006
Export bribery rules challenged by BBC News Germany and Japan are challenging new draft global anti-corruption guidelines for exporting companies.
February 15/2006
Export credit agencies’ graft crackdown stalls by Hugh Williamson Germany and Japan are blocking efforts to tighten anti-corruption controls covering companies supported by official export credit agencies, according to confidential documents obtained by the Financial Times.
The Financial Times February 15/2006
Groups fear Canadian funding for Romanian mine by Stephen Leahy The World Bank's refusal to help fund a Canadian company's controversial development of a huge open pit gold mine in Romania has raised concerns the Canadian government will step in with money.
Inter Press Service News Agency November 16/2003
Ex-insider settles some old scores: A Review of Globalization and its Discontents by J. E. Stiglitz by Patrick Grady The searing criticisms of IMF policies and programs are mostly on target and come from none other than Joseph Stiglitz, the former Chief Economist of the World Bank.
The Globe and Mail Book Review June 22/2002
EDC releases environmental and disclosure practices Export Development Canada (EDC) has released revised policies governing its environmental and disclosure practices following a 60-day comment period.
EDC News Release May 30/2002
Debt aspects related to Export Credit Agencies by Romilly Greenhill, Jubilee Research Paper for UK Seminar on Export Credit Agency Reform - "Beyond Business Principles" House of Commons, UK: Recommendations for the Export Credit Guarantee Department (ECGD) on Debt and Export Credits
May 23/2002
Export Credit Agency finance in Indonesia by Stephanie Fried and Titi Soentoro EDF report concludes that ECAs played a major role in financing environmentally and socially unsustainable investments by assisting foreign investors in supporting Suharto's system of economic and political monopolies.
Joint Project of Environmental Defense and Bioforum January 1/2001
Publicly guaranteed corruption by Peter Bosshard According to Peter Bosshard, foreign companies gained from Indonesian corruption while recieving political and financial support from northern governments, international financial institutions and export credit agencies.
Berne Declaration November 1/2000
Export Credit Agency finance in sub-Saharan Africa ECA activities in Africa are linked to mismanagement, environmental disruption, corruption, and increasing social conflict.
Environmental Defense July 1/2000
Export Credit Insurance and the fight against international corruption by Dieter Frisch Transparency International proposes a broad framework to encourage transparency in export credit agencies.
Transparency International Working Paper February 26/1999
Debt creating aspects of export credits by Michiel Van Voorst Export Credit Guarantees should, as a rule, only be extended for development purposes. However, increases in export credit guarantees seem to reflect an exporter-driven drive for business, rather than a borrower-driven need for funding.
Eurodad August 1/1998
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