Basel Agreement May Stifle Global Trade, Wal-Mart Supplier Says
Frankly Basel can’t do worse than some excess in currency reserves, can’t in just a few words flush the argument that trade finance is wrongly associated with financial derivatives but without doubts an excess of stress in world trade only caused by a limited availability of trade finance show a structural problem of how the exporters companies finance their activities, are probably undercapitalised leading to their inability to use more conventionnal bank financing and lack an access to a mature commercial paper market, I can easily imagine possible in emerging countries?
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