The purposes of this study are to review currently established international cross-border sharing initiatives and mechanisms and to explore obstacles for cross-border sharing of credit information. The study also includes recommendations on how to overcome the obstacles observed. The exploratory study also compiles the latest academic insights on the economics of information sharing. The study also refers to (anecdotal) evidence for the sources of demand for cross-border credit reporting. Such demand originates in migration across borders, the international movement and trade transactions of firms, and demand for credit from creditors in other countries. By 2020, it seems that migration had become the most important factor for demand of credit reports on individuals, while international trade transactions and the lending of or to firms were the most important for company business reports, but there is no empirical evidence on this matter at the moment.
Source: World Bank
