Subsidizing Success: The Export-Import Bank in the U.S. Economy

A great deal of work succinctly presented makes this the fullest picture of the Exim Bank that we have. Its diverse operations, its place in the capital markets, its relation to trade and development and the criteria implicit in its record are all well analyzed. The author (an International Affairs Fellow of the Council on Foreign Relations) is quite restrained in his comments on the generally cautious way the Bank has pursued its sometimes contradictory aims.