“There is no evidence [trade finance] is a real bottleneck to trade.” – Simeon Djankov
Trade Diversion
Commentary on development, globalization, and trade by Jonathan Dingel
“There is no evidence [trade finance] is a real bottleneck to trade.” – Simeon Djankov
That is not what I heard. I was told from those talking to multinational companies in Asia that after Lehman collapsed, trade financing for large portions of the economy stopped.