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Access to pre-shipment export finance : do guarantees help? (Английский)

Many small-and medium-size emerging exporters in developing countries have inadequate access to short-term working capital to finance their export transactions. Several countries have established pre-shipment export finance guaranty (PEFG) facilities to help improve access to such capital. Implementation of some of these facilities has been successful, encouraging banks to provide pre-shipment finance without guarantees, while others have not had...
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