Trade and Trade Finance in the 2008-09 Financial Crisis /

Global merchandise trade sharply declined in late 2008 and early 2009, and some press and financial market reports assigned a large role for the decline to trade finance. However, the available evidence suggests that shocks to trade finance were not the major factor in the decline in trade. Surveys...

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Bibliographic Details
Main Author: Dorsey, Thomas
Other Authors: Asmundson, Irena, Khachatryan, Armine, Saito, Mika
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/016
Online Access:Full text available on IMF