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Trade finance during the 2008-9 trade collapse : key takeaways (English)

Trade finance matters for trade, and when financial markets and world trade collapsed three years ago, a shortage in trade finance was hailed as a possible culprit. Because of the potential for global repercussions, world leaders called on the international community to act swiftly to avoid a depression. Governments and international institutions intervened to mitigate the impacts of the crisis. Then the economy bounced back, and trade picked up...
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Chauffour,Jean-Pierre Christophe; Malouche,Mariem.

Trade finance during the 2008-9 trade collapse : key takeaways (English). Economic premise ; no. 66 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/869821468160770193

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