Abstract
AbstractThis article discusses the role of credit insurance in Armenia as an important mechanism for promoting export diversification, growth and sustainable development. The authors show that a market gap in demand for export financing, as compared with existing supply, is mainly attributed to the use of two‐factor models by commercial banks, limited product knowledge, and increased risk of cross‐border trade transactions. The authors analyse the key drivers for export financing and export insurance, showing the immediate impact the Armenian export credit agency has achieved over the past two years, and argue its defining role for the development of value chains over the medium and long term.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
