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The Ex-Im Bank: Can Congress Tackle Cronyism's Lowest-Hanging Fruit? Veronique de Rugy

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Page 1: Evaluating the Ex-Im Bank Based on the Facts

The Ex-Im Bank: Can Congress

Tackle Cronyism's Lowest-Hanging

Fruit?

Veronique de Rugy

Page 2: Evaluating the Ex-Im Bank Based on the Facts

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Why Should Anyone Care About

The Ex-Im Bank?

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Page 4: Evaluating the Ex-Im Bank Based on the Facts

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The Ex-Im Bank Is

Cronyism at Its Worst

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Myths About The Ex-Im Bank

Page 11: Evaluating the Ex-Im Bank Based on the Facts

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Myth #1:

It Promotes Exports

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Myth #2:

It Creates Jobs

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Myth #2:

It Creates Jobs

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Myth #3:

It Promotes Small Businesses

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Myth #4:

It Is Profitable

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Myth #4:

It Is Profitable

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Myth #5:

It Is Necessary to Counter Other

Countries’ Export Subsidies

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The Ex-Im Bank Has

Millions of Unseen Victims

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Ex-Im’s Unseen Victims Include:

• Foreign buyers without a subsidy• Domestic firms• Consumers• Taxpayers

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What’s Next?

• Expiration of Ex-Im’s current authorization (June)

• All It takes is to do nothing• Possible reform options

Page 26: Evaluating the Ex-Im Bank Based on the Facts

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Questions?

Contact me at

[email protected]

@veroderugy

mailto:[email protected]
Page 27: Evaluating the Ex-Im Bank Based on the Facts

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