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...

Africa was the last region to witness significant spread of the COVID-19. Nonetheless, it was expected that the continent would be hardest hit due to the fragility of its health and social infrastructure as well as the vulnerability of its economies. While the rates of infection and death were...

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...

Intro -- Contents -- Foreword -- Acknowledgments -- About the Editors and Contributors -- Abbreviations -- Overview -- Section I SPECIFICITY OF TRADE CREDIT AND TRADE FINANCE DURING CRISES -- 1 Trade Credit versus Bank Credit during Financial Crises -- 2 Firms' Trade-Financing Decisions during...