Items related to Smart Rules for Fair Trade: 50 Years of Export Credits
On the 50th anniversary of the OECD, we examine the organisation's unique work in regulating and rationalising governments' use of export credits in support of exports, jobs, economic growth, national interests, multilateral co-operation and sound economic policies. OECD export credits work is one of the basic building blocks of the ever growing structure of global trade agreements that aim to maintain open and efficient markets. The objective is to eliminate subsidies and unfair practices in the economic competition that forms the foundation of a healthy and dynamic global economy. The elimination of official financing subsidies in international trade is a vital part of the broader trade policy agenda, since financing is the life blood of trade flows. Delegated to the OECD by the WTO, the OECD-housed work allows trade to flow efficiently for aircraft and other capital goods while other trade policy work and litigation continue at the WTO. The export credits work at the OECD is described in this collection of essays. It is however about much more than the series of agreements described herein. It is more fundamentally about the governments and their people - policy makers and experts - who gather at the OECD to collectively build a system of export credits disciplines that is fair, transparent, adaptable and effective. The export credit secretariat pictured below represents only the latest in a long line of OECD staff committed to facilitate and advise this work. The OECD's motto on its 50th anniversary - "Better Policies for Better Lives" - reminds us that, in the end, policies are at the centre of human well being. Export credits work is about promoting these better policies by developing "smart rules" that open markets and maintain a level playing field and by bringing people and governments together to this end.
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- PublisherOrganization for Economic Co-operation and Development (OECD)
- Publication date2012
- ISBN 10 9264111735
- ISBN 13 9789264111738
- BindingPaperback
- Number of pages238
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