Purpose: This study investigates the impact of trade integration on payment choice in international transactions using data from Turkey, an emerging economy that signed many trade agreements in the last two decades. Design/methodology/approach: The authors use industry-level trade finance data...

type="main" xml:lang="en" <title type="main">Abstract</title> <p>After decades of continuous flows of mineral exports to rich Western countries and a failed development in Africa, the arrival of China on the African resource market with large infrastructure projects in exchange for access to resources has created completely...</p>

In this article, we combine the export led and import led growth hypotheses in a growth model in which the importation of foreign capital goods and the demand elasticities of own export products explain the growth opportunities and the technical progress of developing countries. This model,...