Accountability for Bilateral Agencies
Chapter 2: Human rights in official export credits
This chapter will take a closer look at the context and history of official export credit regulation. Social and human rights concerns have only very recently entered the realm of the official export credit business. In contrast to development agencies, official export credit agencies (ECAs) strongly compete with each other. This holds particularly true for ECAs of OECD and non-OECD countries. The call for raising human rights standards in OECD countries has therefore frequently been answered with the economic objection that it might impair ECAs’ competitiveness on the international market. On the basis of a case study in Turkey this chapter will illustrate the difficulties to ensure the respect of environmental, social and human rights standards against political and economic interests.
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