This is the 1998 Arrangement. This Arrangement provides the institutional framework for an orderly export credit market; it aims to prevent an export credit race in which exporting countries compete on the basis of who grants the most favourable financing terms rather than on price and quality.

In this collection of essays, participants involved with the Arrangement from its earliest days chart its evolution – its inception and progressive expansion, the difficulties encountered and problems solved.

A comprehensive description of the official export credit systems of OECD Member countries and non-member economies.