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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 pandemic-related crisis did not have a financial cause, one...
Persistent link: https://www.econbiz.de/10012438361
In the presence of negative monetary-policy rates and a zero lower bound on deposit rates, banks that are more exposed …
Persistent link: https://www.econbiz.de/10012649768