Measuring the impact of trade finance on country trade flows: a South African perspective
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | Measuring the impact of trade finance on country trade flows: a South African perspective | |
| Creator | Kohler, Marcel Saville, Adrian | |
| Description | Trade finance (or short-term credit) plays a crucial role in facilitating international trade yet is particularly vulnerable to financial crises as banks increase the pricing on all trade finance transactions to cover increased funding costs and higher credit risks. Whereas South Africas financial institutions largely managed to strengthen their capital positions during the global financial crisis, the countrys trade flows and access to capital (in particular trade finance its costs) were hard hit by the crisis. Little is known about the extent of shortages or gaps in trade finance and the impact of this on South Africas recent trade performance. Whilst our research recognises that access to trade finance is not the main cause of South Africas trade contraction, our research suggests that a one percentage point increase in the interbank lending rate of our trade partner could reduce exports by approximately ten percent, all else equal. | |
| Publisher | AOSIS Publishing | |
| Date | 2011-12-06 | |
| Identifier | 10.4102/sajems.v14i4.136 | |
| Source | South African Journal of Economic and Management Sciences; Vol 14, No 4 (2011); 466-478 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/136/130
https://sajems.org/index.php/sajems/article/downloadSuppFile/136/52
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