Publication:
Financing More Resilient Trade and Value Chains

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Date
2021-10
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2021-10
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Dornel, Arnaud
Engel, Jakob
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Abstract
This report aims to improve the knowledge base on the financing of trade and related data, institutions, and instruments. An improved knowledge base can support interventions that strengthen the infrastructure and the flow of funds underpinning the financing of trade in the context of value chains in client countries and regions. First, it defines trade finance and other ways in which trade is financed. Second, it provides an overview of trade financing supply and demand dynamics, including during the two recent global economic crises: the 2008–09 financial crisis and the 2020 COVID-19 crisis. Third, it discusses a policy agenda focused on how the World Bank Group and other international institutions and donors can more effectively support developing countries in meeting the growing demand in this area, including for (a) country-level technical assistance and diagnostic work, (b) improvement of the data infrastructure, and (c) global engagement and advocacy.
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Dornel, Arnaud; Engel, Jakob; Malouche, Mariem. 2021. Financing More Resilient Trade and Value Chains. Equitable Growth, Finance and Institutions Insight - Trade, Investment and Competitiveness;. © World Bank. http://hdl.handle.net/10986/38186 License: CC BY 3.0 IGO.
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