Showing 1 - 10 of 27
Developments in trade finance in 2020 were largely driven by the impact of the COVID-19 pandemic. Twelve years after … the great financial crisis of 2008-09, the issue of trade finance re-emerged as a matter of urgency. While the current … difficulties in accessing trade credit. This is occurring notably in countries – particularly developing countries – in which …
Persistent link: https://www.econbiz.de/10012438361
Developments in trade finance in 2020 were largely driven by the impact of the COVID-19 pandemic. Twelve years after … the great financial crisis of 2008-09, the issue of trade finance re-emerged as a matter of urgency. While the current … difficulties in accessing trade credit. This is occurring notably in countries - particularly developing countries - in which …
Persistent link: https://www.econbiz.de/10012429577
This paper surveys a wide body of economic literature on the relationship between currencies and trade. Specifically …, two main issues are investigated: the impact on international trade of exchange rate volatility and of currency … misalignments. On average, exchange rate volatility has a negative (even if not large) impact on trade flows. The extent of this …
Persistent link: https://www.econbiz.de/10013118744
This paper discusses allocation of burden of proof in environmental disputes in the WTO system. Besides laying down the natural principles that (i) the complainant carries the burden to (ii) make a prima facie case that its claim holds, WTO adjudicating bodies have said little of more general...
Persistent link: https://www.econbiz.de/10003814076
Persistent link: https://www.econbiz.de/10009410534
extent of trade conflict resolution within the WTO. Both the SPS and TBT Committees address a significant number of 'specific … trade concerns' 􁈺STCs􁈻 that in the overwhelming majority of cases do not become formal disputes. The STCs address … appears as if Committee work on STCs significantly helps defuse potential trade frictions concerning national policies in the …
Persistent link: https://www.econbiz.de/10009722025
Trade finance, particularly in the form of short-term, self-liquidating letters of credit and the like, has received … leverage ratio to these instruments, notably for developing countries' trade. This paper offers a relatively simple model …
Persistent link: https://www.econbiz.de/10010233987
Trade finance, particularly in the form of short-term letters of credit has received favourable capital treatment new … created leverage ratio for trade. This paper offers a relatively simple model approach showing the conditions under which the … ratio on trade instruments seems to support the analytical framework developed in this paper. …
Persistent link: https://www.econbiz.de/10010404596
The paper reviews a number of issues related to the use of currencies in international trade, more than one decade … in off-shore markets. Trade is an important factor in establishing a currency as an international currency, notably by … currency use for international trade and foreign direct investment transactions can even be helpful in achieving the …
Persistent link: https://www.econbiz.de/10013105639
Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre …) A debate has arisen as to whether this global trade slowdown, and related falling trade-to-income elasticity, was … the prominent role of aggregate demand, notably when weighted by its trade component. Our paper goes in this latter …
Persistent link: https://www.econbiz.de/10012908674