CommentaryInsightsPerspectivesExplainers
Type
Explainers
Background: a plain explanation of a concept, programme or instrument, prepared by The Cefa Brief's editors and kept up to date.
No target length · Linked sources; a last-reviewed date · Prepared by CEFA Brief Editors
43 pieces
Pieces
- ExplainerTrade & Investment
What an export credit agency does for a sale abroad
An export credit agency is a public body that takes on the risk a commercial bank will not, so that a domestic exporter can sell to a foreign buyer on credit. By the end you should be able to follow the transaction and see where the public exposure actually sits.
- ExplainerInfrastructure
What an availability payment is and what it buys
In an availability-payment concession a government pays a private partner a fixed sum for keeping an asset open and working, whether or not anybody uses it. By the end you will know who carries demand risk, what the payment covers in the decades after construction ends, and the one clause that gives the public any leverage.
- ExplainerTrade & Investment
What a tariff schedule actually is
A tariff is not a rate applied to an industry. It is a rate attached to a line in a legal taxonomy of goods. By the end of this you will know how a good gets its line, and why a duty on a component often never touches the component.