Trade and Trade Finance in the 2008-09 Financial Crisis

Trade and Trade Finance in the 2008-09 Financial Crisis
Global merchandise trade sharply declined in late 2008 and early 2009, and some press and financial market reports assigned a large role for the decline to trade finance. However, the available evidence suggests that shocks to trade finance were not the major factor in the decline in trade. Surveys of commercial banks by the IMF and others found READ MORE...

Publication date: January 2011
ISBN 9781455212507
$18.00

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