The European Union Green Deal and Global Trade: A Constructivist Perspective on Sustainability Norms
The European Union’s Green Deal (EGD) represents a comprehensive policy initiative targeting climate
neutrality by 2050, and its influence is already permeating global trade dynamics. This research examines
the EGD as a paradigm-shifting,…
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…