Increased globalisation of trade, coupled with rising competition, has led a growing number of firms to search beyond their traditional domestic markets for business opportunities in recent years. As a result, export-led growth has gained renewed attention amongst policy makers, particularly...

Trade finance (or short-term credit) plays a crucial role in facilitating international trade yet is particularly vulnerable to financial crises as banks increase the pricing on all trade finance transactions to cover increased funding costs and higher credit risks. Whereas South Africa’s...