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…
Why do images and reports of starving and malnourished Africans appear so often in the media? What are the actual dimensions of the problem? What has trade and climate got to do with it? In How Africa Eats: Trade, Food Security and Climate Risks,…
Climate change manifests itself in rising temperatures across the continent and affects the El Niño–Southern Oscillation (ENSO) by changing sea surface temperatures and atmospheric circulation. This affects precipitation and temperature patterns,…
Climate variability significantly impacts agricultural productivity, rendering risk management tools essential for stabilisation of yields and financial returns. The study aimed to evaluate the effectiveness of weather derivatives as a risk…