Suchergebnisse

Trade finance is integral for international trade as it offers fluidity and safety to the movement of merchandise and services globally. After the financial crisis of 2008–2009, there has been an increase in the use of open accounts, which enhances the possibilities for availing factoring for international trade. International factoring has witnessed considerable growth in the last decade. This article examines the relationship between international factoring and cross-border trade using Granger causality. It also examines the causal relations of international factoring with disaggregated data of cross-border trade of imports and exports. We find a unidirectional causal flow from international trade to international factoring, and a unidirectional casual flow from exports to international factoring. JEL Classification: F10, F30

Populations around the globe are ageing rapidly. This demographic shift affects families, market structures and social provisions. This timely volume, part of the Ageing and the Lifecourse series, argues that the lifecourse perspective helps us understand the causes and effects of population ageing. The lifecourse perspective suggests that individuals' experiences at an early age can influence their decisions and behaviour at a later age. This much-needed volume combines insights from different disciplines and real-life experiences to describe the theories and practices behind this idea. It therefore caters to the needs of scholars, practitioners and policy makers in a range of areas including sociology and political science