The Organization for the Harmonization of Business Law in Africa (OHADA) aims to stimulate economic growth by curbing legal and judicial insecurity. To this end, OHADA has already served as a framework for the development and adoption of eleven…
When we proxy trade finance by the sum of trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the sample of exporters. These estimates are comparable to single and multi-instrument…