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  7. Asian Development Bank Trade Finance Survey: Major Findings

Asian Development Bank Trade Finance Survey: Major Findings

File(s)
ADB_Trade_Finance_Survey.pdf (693.99 KB)
Permanent Link(s)
https://hdl.handle.net/1813/87317
Collections
International Publications
Author
Beck, Steven
Shinozaki, Shigehiro
Ferino, Maria Isabel
Zhang, Qifeng
Mangampat, Elnora
Abstract

Key Points: • A gap in trade finance is represented by unmet demand for lending and guarantees to support $1.6 trillion in trade, $425 billion of which is in developing Asia. • Availability of trade finance impacts economic growth and job creation. • According to the findings of the survey, an increase of 5% in availability of trade finance could result in an increase of 2% in production and 2% more jobs. • Trade finance programs of multilateral development banks help fill trade finance gaps, both globally and in Asian developing economies.

Date Issued
2013-03-01
Keywords
Asian Development Bank
•
trade finance
•
poverty reduction
•
economic growth
Rights
Required Publisher Statement: ADB encourages printing or copying information exclusively for personal and noncommercial use with proper acknowledgment of ADB.
Type
article

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