On February 14 – 15, 2014, the Ifo Institute and the German Federal Ministry of Economics and Technology will hold a joint conference in Munich on the topic of State Export Credit Guarantees in a Globalized World.
Global economic integration has increased impressively during the past few years, driven by international trade and foreign direct investments. In addition, multinational enterprises allocate their production plants ever more across different countries to exploit cost and specialization advantages. Today, rising export numbers are not only a result of growing cross-border sales of final goods, but stem as well from globally organized production and value chains. The international exchange of goods confronts firms with additional entrepreneurial challenges, among which the financial clearing of sales plays a particular role.
The importance of credit for firms’ entrepreneurial success has been dramatically illustrated during the recent financial crisis, in particular for internationally active firms.
- What are the new insights in the trade and finance linkage in light of globally organized value chains?
- How do entrepreneurs, financial institutions and governments deal with these new challenges?
This conference will offer academic researchers and policymakers a platform to share their expertise in these topics.
The keynote lecture will be delivered by Kalina Manova – Stanford University.
Recent research papers dealing with trade finance also related to value chain questions are welcome as submission. Authors of submitted papers will be notified no later than 15 November 2013 whether their paper has been accepted for the conference.
Conference Fees and Accommodation
The organisers will provide accommodation and reimburse economy travel costs for participants with accepted papers. Further questions regarding the organisation and scientific content of the conference should be addressed to the conference organiser Erdal Yalcin.