Implementing the Instrumentarium of the U.S. Support for Exports of National Companies: Theory and Practice

The article is aimed at studying the State export strategy of the United States of America through the implementation of efficient and even aggressive, in terms of export expansion, mechanisms and instruments to support national exporters. This instrumentarium covers a range of levers, namely, provi...

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Bibliographic Details
Main Author: Shlapak Alla V.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2018-08-01
Series:Bìznes Inform
Subjects:
Online Access:http://www.business-inform.net/export_pdf/business-inform-2018-7_0-pages-44_50.pdf
Description
Summary:The article is aimed at studying the State export strategy of the United States of America through the implementation of efficient and even aggressive, in terms of export expansion, mechanisms and instruments to support national exporters. This instrumentarium covers a range of levers, namely, provision of export credits, credit guarantees and export insurance to national companies; the State economic assistance to American exporters; facilitating their access to import components for the expansion of export production; provision of credit guarantees to exporters of agro-industrial complex products, etc. The main feature of the national System of State support of the U.S. exports is the market priority while maintaining the maximum economic freedom of economic entities along with creation of equivalent conditions for conducting their business activities. The strategic priorities of entering foreign markets are always determined by the exporters themselves and, when necessary, they can apply for the State support through the relevant local and federal authorities.
ISSN:2222-4459
2311-116X