• 제목/요약/키워드: export insurance

검색결과 81건 처리시간 0.019초

A Comparative Study on a Supplier Credit and a Buyer Credit in International Transactions of Capital Goods - Focusing on Industrial Plant Exports, Shipbuilding Exports, and Overseas Constructions -

  • Kim, Sang-Man
    • 무역상무연구
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    • 제48권
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    • pp.127-155
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    • 2010
  • The international transactions of capital goods such as industrial plant exports, overseas constructions, and shipbuilding exports, are so huge that tremendous amount of funds are required, and that most of the loans are long-term credits of over five years. In the export of huge capital goods, financing is more crucial than technology itself. Some of the importing countries are developing ones that are politically and economically unstable. Therefore the financing mechanism for these transactions is conclusive in winning these projects. Global financial market instability caused by US sub-prime mortgage financial crisis expanded all over the world, and the international transactions have been decreased due to global credit crisis. This indicates how much influential the financing market is in international transactions. The financing schemes are classified into supplier credit and buyer credit by who provides the financing. A supplier credit is a credit extended by an exporter(seller) to an importer(buyer) as part of an export contract. Cover for this transaction may be extended by an export credit agency('ECA') to the exporter. In a sales contract a seller shall provide fund required to manufacture goods, and in a construction contract a contractor shall provide fund required to complete a construction. A buyer credit is an arrangement in which an exporter enters into a contract with an importer, which is financed by means of a loan agreement A Comparative Study on a Supplier Credit and a Buyer Credit in International Transactions of Capital Goods 155 where the borrower is the importer. In a sales contract a buyer shall provide fund required to manufacture and procure the goods, and in a construction contract an owner shall provide fund required to complete a construction. Therefore an exporter is paid on progressive payment method. A supplier credit and a buyer credit have their own advantages and disadvantages in the respect of the parties respectively. These two financing methods are selectively used considering financing conditions such as funding cost, importer's and/or exporter's financial conditions, importing country's political risk.

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추심결제(D/P, D/A)방식에서의 위험관리에 관한 연구 (A Study for risk management on Documentary Collection(D/P, D/A) Payment)

  • 곽수영
    • 통상정보연구
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    • 제10권2호
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    • pp.283-304
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    • 2008
  • According to globalization and localization of world economics international trade payment method was also changed. A traditional payment was Letter of Credit basis, however it is being increased to various methods such as remittance, documentary collection(D/P, D/A) and open account. In order to acquire a secure export payment, exporters prefer to L/C basis which is guaranteed by a reliable bank. However, the L/C should bear a security so that importers would rather documentary collection than L/C. The reasons for the preference of collection payment rather than L/C are a low commission cost, the conversion of buyer's market from seller's market due to severe competition in the world market, transaction increase between main office and branches and a right to control the goods until executing the payment by exporters. Besides of them, collection payment can handle safer and faster than open account basis. However, the collection payment has a risk which it isn't guaranteed by bank for the payment so that I would suggest countermeasures to minimize the payment risk utilizing the collection basis as follows; using export credit insurance system, a large domestic credit report provider such as D&B for absolutely fresh and new information, a collection proxy service for overseas deferred credit and suggestion specifying to order B/L not straight one on consignee in order to transfer the right of ownership with endorsement without problem.

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무역금융제도의 운용상 문제점과 그 개선방안에 관한 연구 (A Study on the Problems and Its Improvement Plans in Operation of Korean Trade Finance System)

  • 채진익
    • 무역학회지
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    • 제44권6호
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    • pp.39-54
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    • 2019
  • Trade finance promotes export performance, and every small- and medium-sized export business has the right to use policy finance. The credit line is also stipulated by relevant laws and regulations. However, trade finance has repeatedly been misused, so these matters can lead to substantial financial loss and damage to the related financial institutions. The lack of expertise of K-SURE and the backwardness of banks represent even bigger problems in the follow-up management. The existing trade finance system should be improved in the following ways from the institutional and legal perspectives. Firstly, follow-up management of beneficiary companies should be reinforced and systematized through examining business tendencies, financial status, and other important factors. There is also a need for advancement of following up management. An effective and streamlined financing system must be established by abolishing the Korea Trade Insurance Corporation. This study presents improvements and their implications by looking into the main issues under the current trade finance system. This study is based on documentary research and practical cases.

EU 내 단일통화(Euro) 사용이 회원국들 간 수출.입에 미치는 효과 분석 (An Export and Import Effect Analysis among the Eurozone Members of Using the Euro)

  • 강보경;최영두
    • 통상정보연구
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    • 제14권3호
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    • pp.31-47
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    • 2012
  • 1999년 유로존(Eurozone)은 단일통화 출현을 목표로 출범하였다. 유로화(Euro)의 사용은 회원국들에게 있어 GDP의 약 1%에 이르는 환전비용과 환위험 관리비용을 제거하였다. 또한 안정적인 역내 물가수준을 유지할 수 있었고 저금리 기조를 유지하며 투자와 고용의 촉진이 이루어졌다. 유로화의 국제적 위상에서도 세계 외환보유고 비중이 2010년 기준 26.9%로 제2위의 기축통화국으로 자리매김하였다. 역내 회원국들 간에도 환율 고정에 따른 환율 위험을 떨어드려 투자와 경제성장을 유도하였다. 특히나 금융시장에서는 거래비용의 감소로 유로화의 수요가 증가하였고 교역에서도 대금지급수단으로 유로화가 사용됨으로써 교역증가로 인한 단일시장 효과를 유발하고 있다. 본 연구에서는 EU내 단일통화 사용이 회원국들 간의 수출과 수입에 미치는 파급효과에 대해 임의효과모형(random effect estimation)과 고정효과모형(fixed effect estimation)으로 분석해 보았다.

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한국의 무역자동화에 관한 고찰 (A Study on Trade Automation in Korea)

  • 전재경;이재승
    • 한국컴퓨터정보학회논문지
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    • 제3권3호
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    • pp.139-150
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    • 1998
  • 과학과 정보통신의 발달로 그리고 컴퓨터의 폭넓은 보급으로 지금까지 인력에 의해 이루어지던 제반 서류전달 및 서류결재가 컴퓨터에 의해 자동으로 처리하거나 수행할 수있도록 하는 공장자동화(Factory Automaton : FA), 그리고 사무자동화(Office Automation : OA)로 발전하였으며 이러한 기술을 무역업무에 적용시키는 무역의 사무자동화(Trade Automation : TA)에 무역업계와 무역관련기관이 관심을 가지고 있다. 본 논문은 한국의 무역자동화에 관한 현황을 고찰함으로서 EDI의 효용성과 가치, 필요성을 강조하고자 한다.

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고배대지진에 기인한 정형거래조건의 문제점 (A Study on the Limitations of Trade Terms in the Situtations of Kobe Earthquake -with a Special Reference to Marine Insurance-)

  • 강진욱
    • 정보학연구
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    • 제1권2호
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    • pp.15-24
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    • 1998
  • 본 연구에서 살펴본 바와 같이 컨테이너 운송의 경우 보험단보의 공백구간에서 발생하는 위험을 회피하기 위해서는 운송인 책임의 개시와 위험의 이전시기가 일치되어 있는 컨테이너 정형무역거래조건을 이용해야 한다고 사료되어진다.

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INCOTERMS 2000과 해상매매조건(海上賣買條件) (INCOTERMS 2000 and Maritime Term)

  • 오원석
    • 무역상무연구
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    • 제13권
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    • pp.105-129
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    • 2000
  • INCOTERMS 2000 was not changed in its basic system but much improved in many minor aspects, reflecting the expansion of customs free zone, the spread of electronic communications and the changes of transportation practices. Among many points, following revisions are to be considered important to examine : First, the term 'delivery' is clearly defined in the preamble of each term, which is very significant since the risk is connected with the delivery in international trade. Second, the obligation of carrying out export customs formalities in FAS and import customs formalities in DEQ are imposed to seller and buyer respectively according to current trade practices. Third, since the customs formalities are no more needed among the countries of customs free zone, the phrase 'where applicable' is inserted in A.2 and B.2 of each term. Fourth, the method of delivery(for example, loaded or unloaded) became very concrete and clear in each term. Fifth, in the obligation of buyer's contracting insurance, the 'no obligation' is added even though the buyer has no insurance obligation to the seller. Finally the I.C.C. tried to make unification of the special terminologies be in accordance with those of CISG to achieve international harmony between the uniform law and uniform usages.

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역진적 선별성의 지속과 확장성의 제약, 2008~2016: 이명박·박근혜 정부시기 한국복지체제의 특성 (Korean welfare regime in the conservative administration, 2008-2016)

  • 윤홍식
    • 한국사회정책
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    • 제25권4호
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    • pp.163-198
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    • 2018
  • 본 연구는 이명박 박근혜 정부 9년 동안 한국 복지체체의 변화를 '확장성의 제약'과 '역진적 성별성'의 강화라는 두 가지 성격을 중심으로 분석했다. 이를 통해 본 연구는 보수정부 9년 동안 복지가 확대된 것은 분명하지만, 이러한 확장이 미래의 복지지출을 축소시키는 '확장성의 제약'이 실현되는 과정이었다고 평가했다. 또한 자유주의 정부 10년에 이어 사회보험 중심의 공적 복지가 확대되면서 한국 복지체제의 역진적 선별성이 공사적 영역에서 강화되었다. 물론 사회보험을 확대한다는 것 자체가 한국복지체제의 역진적 선별성을 강화하는 것은 아니다. 하지만 수출주도형 성장체제가 만들어놓은 산업구조는 노동시장의 분절화를 심화시켰고, 이러한 조건에서 정규직 노동자를 기준으로 설계된 사회보험을 확대하는 것은 사회보장제도의 역진적 선별성을 강화할 수밖에 없었다. 보수정부 9년 동안 한국복지체제의 역진적 선별성이 강화된 것은 바로 이러한 이유에서였다. 결국 보수정부 시기 한국복지체제는 서로 다른 삶을 살아가는 세 집단으로 나누어졌고, 세 집단 간의 불평등은 더욱 심화되었다.

제조물책임법 (PL법)의 변화와 대처방안 (Production Liability Law and Method of Protection and Defence)

  • 이상복
    • 기술사
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    • 제30권6호
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    • pp.153-163
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    • 1997
  • In this paper, we explain Production Liability(PL) law and research method of protection and defence of PL law. In introduction, we give some examples of PL law In main issue, we explain more detail PL law. We survey several country PL law, specially U.S.A., EU, Japan whose are deeply related with us as important export country We discuss our country PL status, our country don't legislate PL law until now We have consumer protection law(소비자보호법) which is weaker than PL law but stronger than civil law(민법), We believe that PL law will be legislated within not long time. At last we discuss protection and defence of PL law inside of company and outside of company as PL insurance.

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미국(美國) 반(反) 트러스트법(法)의 역외적용확대(域外適用擴大)와 그 대응방안(對應方案) (A Study on the Extension of the Extraterritorial Application of U.S. Antitrust Law and Our Corresponding Strategies)

  • 배정한
    • 무역상무연구
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    • 제12권
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    • pp.555-586
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    • 1999
  • United States has extended the extraterritorial application of U.S. Antitrust Law in 1990s. First, The U.S. Federal Supreme Court declared in Hartford Fire Insurance Co. v. California that the extraterritorial application of U.S. Antitrust Law is according to Effect Doctrine. Therefore, U.S. Antirust Division and FTC will continue to base their assertions of juridiction on the test of direct, substantial and foreseeable effects on U.S. interests. Second, U.S. Antitrust Law apply to foreign conduct that such conduct has direct, substantial and reasonably foreseeable effect on U.S. domestic or import commerce and export commerce. Third, United States has extended the extraterritorial application of U.S. Antitrust Law on international licensing contract or international merger. Forth, United States impose criminal responsbility of U.S. Antitrust Law on the foreign anticompetitive conduct. Therefore, our government and industries must consider the corresponding stratigies against the extension of the extraterritorial application of U.S. Antitrust Law.

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