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ECA |
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ECA See: Export Credit Agency ECA Export Credit Agency. A private or semi-governmental body that extends credit to local exporters. ECAs also provide guarantees and insurance for exports, and occasionally for imports as well. Sometimes governments use ECAs to subsidize exporters and related businesses, but this is generally frowned upon in international circles. ECAs are controversial; critics allege that their existence negatively impacts international development as developing countries cannot compete with such insured exports. Proponents of ECAs argue that they enable developing countries to import products they otherwise would not be able to afford. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ECA announced that it would offer a grant of $170,000 to a nonprofit organization that could oversee a competition, take on other administrative duties, and raise $170,000 in matching funds by a June 2 deadline. ECA Executive-Secretary Adebayo Adedejl said in Addis Ababa on 15 january that 1989 would be most remembered as the closing year of Africa's lost decade of development opportunities. The Entertainment Consumers Association, a newly formed non-profit consumer advocacy organization, today announced their first round of key partnerships - influential companies which have signed on as strategic supporters of the organization and have committed to working with the ECA to further the organization's mission. |
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