Supplementary
-
Citations:
- Appears in Collections:
Article: Trade Finance in East Asia: Potential Responses to the Shortfall
Title | Trade Finance in East Asia: Potential Responses to the Shortfall |
---|---|
Authors | |
Keywords | Group of Twenty Trade finance Basel III China East Asia |
Issue Date | 2014 |
Publisher | University of Melbourne, Faculty of Law. The Journal's web site is located at http://mjil.law.unimelb.edu.au/mjil/flash/default.asp |
Citation | Melbourne Journal of International Law, 2014, v. 15 n. 1, p. 109-127 How to Cite? |
Abstract | The crisis of 2008 saw many European banks reduce their provision of trade finance in East Asia. Notwithstanding the actions of the Group of Twenty and other bodies to redress this, a substantial shortfall in trade finance facilities in the region remains. This article explores the development of this shortfall and analyses potential responses to it. These responses range from some much needed further revisions to the Basel III rules, to the deepening of cross-border cooperation, creating a ring-fenced liquidity pool for trade finance, encouraging co-financing among the various providers of trade finance both private and public and establishing a regional trade finance database. In addition, the article ponders the likelihood of China’s banks beginning to take a substantial role in providing trade finance to the region. Trade finance offers China’s banks a low risk means of expanding into international business and offers China a way to provide the sort of important service to its region that regional leaders typically seek to provide. |
Persistent Identifier | http://hdl.handle.net/10722/210609 |
ISSN | 2023 Impact Factor: 1.0 |
SSRN |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Buckley, RP | - |
dc.contributor.author | Arner, DW | - |
dc.contributor.author | Stanley, RL | - |
dc.date.accessioned | 2015-06-19T07:56:51Z | - |
dc.date.available | 2015-06-19T07:56:51Z | - |
dc.date.issued | 2014 | - |
dc.identifier.citation | Melbourne Journal of International Law, 2014, v. 15 n. 1, p. 109-127 | - |
dc.identifier.issn | 1444-8602 | - |
dc.identifier.uri | http://hdl.handle.net/10722/210609 | - |
dc.description.abstract | The crisis of 2008 saw many European banks reduce their provision of trade finance in East Asia. Notwithstanding the actions of the Group of Twenty and other bodies to redress this, a substantial shortfall in trade finance facilities in the region remains. This article explores the development of this shortfall and analyses potential responses to it. These responses range from some much needed further revisions to the Basel III rules, to the deepening of cross-border cooperation, creating a ring-fenced liquidity pool for trade finance, encouraging co-financing among the various providers of trade finance both private and public and establishing a regional trade finance database. In addition, the article ponders the likelihood of China’s banks beginning to take a substantial role in providing trade finance to the region. Trade finance offers China’s banks a low risk means of expanding into international business and offers China a way to provide the sort of important service to its region that regional leaders typically seek to provide. | - |
dc.language | eng | - |
dc.publisher | University of Melbourne, Faculty of Law. The Journal's web site is located at http://mjil.law.unimelb.edu.au/mjil/flash/default.asp | - |
dc.relation.ispartof | Melbourne Journal of International Law | - |
dc.subject | Group of Twenty | - |
dc.subject | Trade finance | - |
dc.subject | Basel III | - |
dc.subject | China | - |
dc.subject | East Asia | - |
dc.title | Trade Finance in East Asia: Potential Responses to the Shortfall | - |
dc.type | Article | - |
dc.identifier.email | Arner, DW: douglas.arner@hku.hk | - |
dc.identifier.authority | Arner, DW=rp01237 | - |
dc.description.nature | postprint | - |
dc.identifier.hkuros | 254556 | - |
dc.identifier.volume | 15 | - |
dc.publisher.place | Australia | - |
dc.identifier.ssrn | 2612414 | - |
dc.identifier.hkulrp | 2015/019 | - |
dc.identifier.issnl | 1444-8610 | - |