The recent trade disputes and the technological rivalry between the US and China make the effects of trade policy one of the most relevant economic subject areas. We employ a multi-country, multi-sector general equilibrium modelling framework with imperfect competition and heterogeneous firm...

Highly interconnected global supply chains make countries vulnerable to supply chain disruptions. In this paper, we estimate the macroeconomic effects of global supply chain shocks for the euro area. Our empirical model combines business cycle variables with data from international container...

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the so-called phase one agreement has risen. To this end, the paper quantifies the impact of the asymmetric managed trade agreement using such a multi-country open-economy dynamic...

Western sanctions exposed Russia’s key vulnerabilities - dependence on Western capital and advanced technology, with knock-on effects in other sectors. In response, Russia launched a policy of import substitution and attempted to diversify to non-Western countries to mitigate the impact of...

Co-authores: Valeriya Dinger (University of Osnabrück and the Leeds University Business School), Ragnar Juelsrud (Norges Bank) and Karolis Liaudinskas (Norges Bank) In this paper, we investigate how trade shocks propagate to the real economy through banking sector. We exploit an exogenous trade...

The backlog of energy transactions built up during the crisis is starting to clear but there is still an important role for ECAs, development banks and multilateral institutions to play; particularly in emerging markets where long-term financing from the private sector is still behind pre-crisis...

Export and agency finance remain a crucial feature of global trade in the post crisis environment. The debate at the 11th Annual Global Export Finance Conference will define the opportunities present in the industry but will also address challenges associated with industry developments, such as...

Key topics to be covered at the event include: - Trade finance solutions - ECA backed export finance - Islamic trade finance solutions - Private risk insurance in the Middle East - ECAs short term financing programmes - SME lending - Forfaiting, factoring and receivables discounting - Supply...

The Global Export Finance Conference is the premier international networking event for all those involved in export credit and ECA finance across the globe.

Presentations and debate this year include: - Building a new Latin America on the opportunity of the global financial crisis - Engaging export credit agencies & multilaterals to increase investment in renewable energy projects - Understanding the changing role of commodities traders - Soft...