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COVID-19 and Trade Finance in Emerging Markets : An overview of IFC’s Annual Respondent Bank Survey (英语)

The Coronavirus disease 2019 (COVID-19) crisis has put significant downward pressure on trade, which was already facing rising challenges prior to the pandemic. In line with early predictions, global trade volume fell dramatically in 2020, exceedingly even the decline observed during the 2008-2009 global financial crisis. The primary drivers of the trade slump are the effects of virus containment efforts on both global demand and supply, as countries...
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