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Trade Finance during the Great Trade Collapse (Trade and Development)
Jean-Pier Chauffour
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Description for Trade Finance during the Great Trade Collapse (Trade and Development)
Paperback. Editor(s): Chauffour, Jean-Pierre; Malouche, Mariem. Num Pages: 400 pages, 1, black & white illustrations. BIC Classification: KFFL. Category: (G) General (US: Trade). Dimension: 155 x 230 x 27. Weight in Grams: 620.
On September 15, 2008, Lehman Brothers, the fourth largest U.S. investment bank filed for bankruptcy. Global credit markets tightened. Spreads skyrocketed. International trade plummeted by double-digits. Banks were reportedly unable to meet the demand from their customers to finance their international trade operations, leaving a trade finance “gap” estimated at around US$25 billion. Governments and international institutions were encouraged to intervene based on the information that some 80-90 percent of world trade relies on some form of trade finance. As the recovery unfolds, time has come to provide policy makers and analysts with a comprehensive assessment of the role of ... Read more
On September 15, 2008, Lehman Brothers, the fourth largest U.S. investment bank filed for bankruptcy. Global credit markets tightened. Spreads skyrocketed. International trade plummeted by double-digits. Banks were reportedly unable to meet the demand from their customers to finance their international trade operations, leaving a trade finance “gap” estimated at around US$25 billion. Governments and international institutions were encouraged to intervene based on the information that some 80-90 percent of world trade relies on some form of trade finance. As the recovery unfolds, time has come to provide policy makers and analysts with a comprehensive assessment of the role of ... Read more
Product Details
Format
Paperback
Publication date
2011
Publisher
World Bank Publications
Number of pages
430
Condition
New
Number of Pages
400
Place of Publication
Washington, United States
ISBN
9780821387481
SKU
V9780821387481
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-3
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