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Officially supported export credits are instruments that governments can use to boost or support their exports, either through insurances, loans or guarantees. Most governments provide this support through Export Credit Agencies (ECAs), the first of which were founded in the 1920s (Stephens, 1999).

In her recent book “The Deficit Myth” star economist Stephanie Kelton tells us why economists should not worry too much about sovereign debt and deficits. But is that the same for lawyers? And are all countries truly treated equally?

In the past two years, I have worked on the legal consequences of the Volkswagen scandal. I have focused here and here primarily on whether the corporate social responsibility policy of Volkswagen, in which the company has outlined its commitment to environmental protection, can have legal...