Financial and economic crises, pandemics, border closures, supply chain disrup-tions, wars, political uncertainty have fundamentally changed the way governments view economic development. Broad-based government interventions are now the order of the…
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…