Export-Import Bank of the United States (11 - 20 of 169 items) in Custom Date Range
Climate Change: State Should Further Improve Its Reporting on Financial Support to Developing Countries to Meet Future Requirements and Guidelines
GAO-13-829: Published: Sep 19, 2013. Publicly Released: Sep 19, 2013.
To implement the United States' fast-start finance (FSF) commitment, the Department of State (State) reported that the United States contributed $7.5 billion in fiscal years 2010 through 2012 for a variety of activities related to climate change. State, the U.S. Agency for International Development (USAID), and the Department of the Treasury (Treasury) provided $2.5 billion for activities under th...
Export-Import Bank: Recent Growth Underscores Need for Improved Risk Management and Reporting
GAO-13-703T: Published: Jun 13, 2013. Publicly Released: Jun 13, 2013.
Ex-Im's Business Plan concluded that the exposure limits in the Reauthorization Act were appropriate, but GAOs May 2013 report found weaknesses in the methodology Ex-Im used to justify that conclusion. The Reauthorization Act increased the Ex-Im exposure limit to $120 billion in 2012, with provisions for additional increases to $130 billion in 2013 and $140 billion in 2014. Ex-Im forecast th...
Export-Import Bank: Additional Analysis and Information Could Better Inform Congress on Exposure, Risk, and Resources
GAO-13-620: Published: May 30, 2013. Publicly Released: May 30, 2013.
While the Export-Import Bank (Ex-Im) Business Plan reported that Ex-Im's exposure limits were appropriate, the forecasting process used to reach this conclusion has weaknesses. Congress increased the Ex-Im exposure limit--the limit on Ex-Im's total aggregate outstanding amount of financing--to $120 billion in 2012, with provisions for additional increases to $130 billion in 2013 and $140 billion i...
Export-Import Bank: Financing of Dual-Use Exports
GAO-13-628R: Published: May 29, 2013. Publicly Released: May 29, 2013.
Since October 1994, the Export-Import Bank of the United States (Ex-Im) has had statutory authority to facilitate the financing of U.S. exports of defense articles and services, provided that Ex-Im determines that these items are nonlethal and primarily meant for civilian use. These dual-use exports include items such as vehicles that are used by the military mainly for civilian or hum...
Export-Import Bank: More Detailed Information about Its Jobs Calculation Methodology Could Improve Transparency
GAO-13-446: Published: May 23, 2013. Publicly Released: May 23, 2013.
The U.S. Export-Import Bank's (Ex-Im) methodology to calculate the number of U.S. jobs associated with the exports it helps finance has four key steps. First, Ex-Im determines the industry associated with each transaction it finances. Second, Ex-Im calculates the total value of exports it supports for each industry. Ex-Im implements these first two steps using its own data. Third, Ex-Im multiplies...
Export-Import Bank: Recent Growth Underscores Need for Continued Improvements in Risk Management
GAO-13-303: Published: Mar 28, 2013. Publicly Released: Mar 28, 2013.
From fiscal year 2008 to fiscal year 2012, the U.S. Export-Import Bank's (Ex-Im) outstanding financial commitments (exposure) grew from about $59 billion to about $107 billion, largely in long-term loans and guarantees. Factors associated with this growth include reduced private-sector financing following the financial crisis and Ex-Im's authorization of direct loans--a product not offered by expo...
Export Promotion: Small Business Administration Needs to Improve Collaboration to Implement Its Expanded Role
GAO-13-217: Published: Jan 30, 2013. Publicly Released: Mar 1, 2013.
The Small Business Administration (SBA) and five other key agencies provide a variety of export promotion services to small businesses. In addition to outreach, which all six agencies conduct, SBA's primary activities include counseling and training, provided mainly through nonfederal partner entities called Small Business Development Centers, and export financing, provided through SBA's Office of...
Sub-Saharan Africa: Trends in U.S. and Chinese Economic Engagement
GAO-13-199: Published: Feb 7, 2013. Publicly Released: Feb 7, 2013.
View Chinese version of Highlights (PDF, 1 page).What GAO FoundThe United States and China have emphasized different policies and approaches for their engagement with sub-Saharan Africa. U.S. goals have included strengthening democratic institutions, supporting human rights, using development assistance to improve health and education, and helping sub-Saharan African countries build global trade....
Export Promotion: The Export-Import Bank's Financing of Dual-Use Exports
GAO-12-628R: Published: Apr 12, 2012. Publicly Released: Apr 12, 2012.
This report identifies (1) the dual-use exports, if any, that Ex-Im financed in fiscal years 2010 through 2011 and (2) the end uses of any such exports. Ex-Im did not finance any dual-use exports in fiscal years 2010 and 2011, according to our review of relevant data on Ex-Im authorizations.Why GAO Did This StudySince October 1994, the Export-Import Bank of the United States (Ex-Im) has had statut...
U.S. Export-Import Bank: Actions Needed to Promote Competitiveness and International Cooperation
GAO-12-294: Published: Feb 7, 2012. Publicly Released: Feb 7, 2012.
The United States and other G-7 countries have ECAs that support domestic exports, but Ex-Im differs from other ECAs in several important ways, including its explicit mission to promote domestic employment. The G-7 ECAs range from government agencies to private companies contracted by governments. Most of these ECAs, including Ex-Im, are expected to supplement, not compete with, the private market...