To mitigate the risks of international trade for firms, banks offer trade finance products – specifically, letters of credit and documentary collections. This column exploits new data from the SWIFT Institute to establish key facts on the use of these instruments in world trade. Letters of credit (documentary collections) cover 12.5% (1.7%) of world trade, or $2.3 trillion ($310 billion).
Related
-
Uri Dadush, Shimelse Ali, Rachel Odell
Most Read
-
Morikawa
-
Terzi
-
Goldstein, Levy Yeyati, Sartorio
-
Taneja, Mizen, Bloom
-
Aghion, Artus, Oliu-Barton, Pradelski
-
Eichengreen, O'Rourke
-
Burgess, Sievertsen
-
Mitze, Kosfeld, Rode, Wälde
-
Heldring, Robinson
-
Eichengreen
Blogs&Reviews
-
Hebous
-
Gylfason
-
Beetsma, Schuknecht
-
Bouwens
-
Gaspar, Larraín Bascuñán
Vox eBooks
Don't Miss
Arezki, Djankov, Panizza
Bartsch, Bénassy-Quéré, Corsetti, Debrun
Scheuer
Events
-
13 - 13 April 2021 / Online /
-
14 - 14 April 2021 / Online /
-
14 - 16 April 2021 / Online / The CEPR Network on Household Finance, EDHEC and Think Forward Initiative (TFI).
-
16 - 16 April 2021 / Online /
-
20 - 20 April 2021 / Webinar /
CEPR Policy Research
-
Gobillon, Solignac
-
Giglio, Maggiori, Stroebel, Weber
-
Summers, Fatás
-
Favero, Galasso
-
Butt, Churm, McMahon, Morotz, Schanz
-
Eichengreen, Avgouleas, Poiares Maduro, Panizza, Portes, Weder di Mauro, Wyplosz, Zettelmeyer
-
Baldwin, Beck, Bénassy-Quéré, Blanchard, Corsetti, De Grauwe, den Haan, Giavazzi, Gros, Kalemli-Ozcan, Micossi, Papaioannou, Pesenti, Pissarides , Tabellini, Weder di Mauro
-
Baldwin, Nakatomi
-
Thimann
-
Goodhart, Perotti