Global trade growth was very weak over the past four years. While global trade grew at approximately twice the rate of GDP prior to the Great Recession, this trade elasticity has since declined to below unity. This raises the question to what extent the change in the relationship between global...

Topics: - Liquidity risk in global payment and settlement systems - Globalisation of financial markets and liquidity management - Systemic risk in global payments - Interdependencies in payment and settlement systems - Collateral management in global payment and settlement systems - Recent...