Credit Market Imperfections and Patterns of International Trade and Capital Flows
用两个简单模型说明，在公司治理、合同执行和企业资产负债表状况等影响下，信贷市场不完善如何改变国际贸易和资本流动的模式。
This paper offers two simple models to illustrate how corporate governance, contractual enforcement, and the balance sheet condition of the business sector etc., can affect the patterns of international trade and capital flows in the presence of credit market imperfections.