scholarly journals The role of factoring in international trade financing

2020 ◽  
Vol 3 ◽  
pp. 36-41
Author(s):  
Tural Alasgarli ◽  

As 20th century ends, international economic system has gained new characteristics, international trade and its finance has reached at a different aspect. Parallel to the increasing trade relations, new technics of foreign trade finance has been widely available. Among them, factoring was evaluated in this study.

Author(s):  
Yurdagül Meral

Financing is one of the most important aspects of trade. International trade, although seemingly not different from local trade, differs from local trade because shipment/delivery takes longer, and different documentation and legislation is due to different countries involved in international trade. Financing also differs compared to local trade, and there are some specific methods used in international trade like documentary credit, although there is no limitation for documentary credits to be used in local trade. Documentary credit is a well-known method generally used in international trade. This chapter aims to define the role of documentary credits in international trade finance. In this chapter along with other finance methods, documentary credits, types, process will be explained. It is aimed to help importers and exporters how to mitigate the potential risks by using documentary credit. Furthermore, which type of documentary credit is to be used depending on the situation is clarified.


Author(s):  
Andriy Syshchuk ◽  
Viktoria Khirova

Abstract. Modern international electronic stock trading is becoming increasingly important in the organization of the system of international trade relations. Several studies of the domestic and foreign scientists have highlighted various aspects of the place and role of electronic exchanges in trade relations between countries. At the same time, the peculiarities of the mechanism of functioning of the international e-commerce, which is constantly evolving and improving, need to be studied both from the point of view of theory and practice. Electronic exchanges have created and implemented their own mechanism of functioning, which turns them into the most organized form of international trade. It is substantiated that trends and key features of the development of electronic exchanges can be tracked and forecasted with the help of relevant stock indices. The main features and the most important aspects of the development of electronic exchanges are determined, based on the analysis of stock indices of the two largest electronic exchanges in the world, the geographical structure of electronic stock exchanges and the dynamics of the use of artificial intelligence in the exchange trading process. Here also highlighted the negative and positive interdependencies regarding the future development of international e-commerce.


Author(s):  
Adam Teller

This chapter provides an overview of the Polish–Lithuanian Jews who were taken captive to be ransomed or sold into slavery. Once captured, these Jewish women and men found themselves trapped in two major international economic systems of the period. The first was the international trade in Ukrainian, Polish, Russian, and Circassian captives carried out by the Crimean Tatars with the support of the Ottoman Empire. The second economic system was piracy in the Mediterranean. Two major issues are at the heart of the discussion on the fates of these Jewish captives. The first concerns the slave trade itself and how its market conditions shaped the fate of the captured Jews. The second deals with the effort to ransom the Jewish captives from eastern Europe and is focused on the transregional Jewish philanthropic networks that raised huge sums and transported them the long distances to the slave market, examining them in terms of both their form and their function.


Author(s):  
Alain Bresson

This chapter examines the strategies employed in international trade in ancient Greece. It explains how the rules of trade and the distribution of “natural advantages” played the role of a system of constraints within which genuine strategies of foreign trade could be constructed. To better understand the specificity of these trade strategies, the chapter first considers the two institutional logics that prevailed in the international market: the first consisted in setting up a “surpluses for surpluses” trade strategy; the second allowed trade partners to act freely. The notions of mutual trade and nondirectional trade are discussed, along with the case of grain. The chapter also looks at the strategies used by cities to control grain trade, such as laws prohibiting grain exports, before concluding with an analysis of the grain policy of Athens as well as food production and supply in Aegean cities.


2019 ◽  
Author(s):  
Chao Han

This article discusses the role of cooperation between Russia and China in the energy sector in the conditions of de-dollarization. Trends in the development of relations between the two countries are formulated. Finally, it is concluded that the partnership between Russia and China is united by a common goal to resist the international system, which is dominated by the West. Their relationship is tactical and opportunistic, but increasingly compatible with economic, political and security interests.


2019 ◽  
Vol 57 (1) ◽  
pp. 111-121
Author(s):  
Helga Pavlić Skender ◽  
Petra Adelajda Zaninović ◽  
Elena Srića

Modern transportation technologies emerged in the mid-20th century and their appearance changed the current course of the transportation of goods. The use of modern transportation technologies in transport processes results in faster, more efficient and safer transport of goods from the sender/consignor, the manufacturer, to the receiver/consignee, consumer or customer. Container, i.e. containerization is one of the most important transportation technologies with significant impact on the development of international trade and globalization from the 1960s until present time. The aim of this paper is to review the role of containerization, as the most significant transportation technology. The results show an ever growing yet slower trend of containerization during past years that is likely to continue in the upcoming period . In the future, challenges can be expected in the container business especially in the field of digitalization and automation. This paper contributes to the valorization of containerization and points to the important role of infrastructure as a support to the realization of the potential of containerization in future.


2008 ◽  
Vol 60 (1) ◽  
pp. 93-115 ◽  
Author(s):  
Sandra Stojadinovic-Jovanovic

Transnational companies are the key drivers of foreign direct investments and major actors in international trade. They are involved in more than two-third of international trade and determine its direction, composition and volume. The relationship between transnational companies and international trade is complex and interwoven, raising the following question: are transnational companies substitutes or complements of international trade? The author explores this relationship. She studies the role of these companies in international trade as a whole and in foreign trade of domestic and host countries.


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