Safeguarding exporters and importers
There prevails a dilemma between exporters and importers. Exporters want cash payment, while importers want to make delayed payments. There are, inter alia, two markets -- sellers' market and buyers' market. In case of import, it is sellers' market, and in case of export sellers' market. It is observed that...
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The financial equivalent of a vaccine
Covid-19 is dramatically widening a global divide that was evident long before the current crisis. Only some countries have been able to cover the costs of the pandemic and lockdowns with large fiscal measures, owing to support from central banks that are buying up large quantities of government debt. Most...
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