The export credit world has been changing for as long as most people who work in it can remember. However, the changes that have taken place in recent years have seemed more rapid, more frequent, and more significant than before. Some of the principal changes, especially those that relate to the role and position of governments, have been mentioned in previous chapters. This chapter reviews these changes in more detail, first in relation to the short-term business of export credit agencies, and second in relation to their medium- and long-term business, since rather different considerations apply in the two areas.