When we proxy trade finance by the sum of trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the sample of exporters. These estimates are comparable to single and multi-instrument…
A casual look at Europe’s and Africa’s experiences of integration suggests that they share certain similarities. They have also adopted a number of similar institutions and policy frameworks, and both regions have set for themselves the ambitious…
The growing importance of trade in services in the international economy motivates the study of different factors that may influence the development of this sector. This paper seeks to contribute to the scarce research on access to financing for the…
We examine the financial risk management of the climate crisis from three perspectives. First, we assess the serious risks from climate change. The ecological and financial consequences of climate change depend on the future path of emissions, as…
A casual look at Europe’s and Africa’s experiences of integration suggests that they share certain similarities. They have also adopted a number of similar institutions and policy frameworks, and both regions have set for themselves the ambitious…