Credit crunch sees countries turning to barter

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Updated January 30, 2009 21:41:21

While money may be cheap it is no longer readily available.

The global credit crunch means that raising the money for international trade is increasingly difficult - forcing some countries to resort to bartering. Experts say the return of the barter system is a sign of desperation and brings with it a range of problems.

Presenter: Tito Ambyo
Speakers: Paul Risley, Spokesman for Asia, UN World Food Programme; Dr. James Ang, economics expert, Monash University; Professor Ann Caplin, trade policies expert, University of Melbourne

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