Author: Mr. Jian-Ye Wang Mr. Márcio Valério Ronci
Publisher: INTERNATIONAL MONETARY FUND
Publication year: 2006
E-ISBN: 9781451921229
P-ISBN(Paperback): 9781589064041
Subject: F830.5 Credit
Keyword: Trade
Language: ENG
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Description
Trade finance has long been an important component of international financial flows. Firms in emerging market economies, in particular, rely heavily on bank-financed trade credits to support their export and import activities. This book examines why and how much trade finance flows decline during financial crises, with case studies of several Asian and Latin American countries. The authors draw from the analysis to present options for mitigating trade finance declines in the event of future crises.