Why the global trade finance gap is going to get worse: Coverage on ADB's recent 'Trade Finance Gap, Growth & Jobs Survey,' where 60% of respondent banks expect the gap to increase over the next 2 years, hampering economic growth (source: The Asset via ADB). + READ MORE Old processe...
the results from the Asian Development Bank’s (ADB) 2022 Trade Finance Gaps, Growth and Jobs survey, correspondent banking and de-risking challenges, and the prospect of digitalisation.
Steven Beck, head of trade and supply chain finance at ADB, spoke with Trade Finance Global (TFG) about the findings of the report. “Trade is critical for the global economy to recover from the pandemic, but the financing shortfall makes it much harder to create jobs and gr...
The persistent gender gaps in trade, economics and politics are related: at the WTO, only 36% of ambassadors and 30% of ministers in charge of WTO affairs are women7. To address the obstacles in trade, there need to be more women in these leadership roles. ...
jobs, or 5.0% of total U.S. employment in 2019. From 2005 to 2019, real value Analyst in International added for the U.S. digital economy grew at an average annual rate of 5.2% per year, outpacing Trade and Finance the 2.2% growth in the overall economy each year. Digital ...
Not only do SMEs provide an increasing share of turnover in the private section in most economies, but many jurisdictions regard them as vital sources of innovation, growth and new jobs. As discussed in the individual country chapters, definitions of 'small' and 'medium' vary from place to ...
Although several studies investigated the impact of trade on building innovation ecosystems vis-a-vis the firm’s growth and productivity, they have not elaborated much upon the combined impact of trade and innovation on workforce diversity. While trade openness opens the export markets and boosts do...
RIYADH: Saudi Arabia’s non-oil private sector ended 2024 on a strong footing, driven by the fastest sales growth in a year, which pushed the Kingdom’s Purchasing Managers’ Index to 58.4 in December, according to a survey. The Riyad Bank Saudi Arabia PMI survey, compiled by S&P Global...
Selling more U.S.-made goods and services around the world is crucial to American jobs and will help businesses small and large grow. Expanding trade also enhances the competitiveness of U.S. manufacturers while boosting the buying power of American families. The International Affairs Division of...
Partenariat Média - Les rencontres européennes de la Fepem : l’emploi à domicile à l’heure des élections 22-04-2024 Economy and Jobs Paris Media Partnership: Sustainable taxes and economic growth post-Covid – The role for European multinational companies 06-12-2023...