During the past decades, extensive literature has emphasized the role of both international trade and openness in fostering economic growth. Endogeneity bias is a nagging challenge for any empirical attempt...
Coronavirus disease 2019 (COVID-19), which began as a health crisis in early 2020, has rapidly evolved to become an unprecedented economic crisis affecting global, national, and regional economies and...
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...
Given the role that banks play in supporting people, companies, and economic systems, they are among the most essential conduits of stability and economic activity. Their collective voice regarding the...
The Coronavirus (COVID-19) pandemic has affected both international trade and trade finance. Trade finance is a critical element for cross-border trade, and in many cases the movement of goods across borders...
Trade, integral to growth and economic development, is under pressure as a result of the Coronavirus (COVID-19) pandemic. As most countries take measures to protect their citizens from the virus, economies...
The International Finance Corporation (IFC) is the private sector arm of the World Bank Group (WBG) and one of the leading investors and lenders in emerging markets. Efforts to strengthen the global financial...
As a global trade platform linking emerging market banks with international banks, International Finance Corporation (IFC) has supported emerging market trade through more than 560 banks in over 96 countries...
This report focuses on how technology is contributing to market creation and expansion in emerging markets. It includes analysis and examples of increased access to products and services—energy, financial...
Correspondent banking relationships connect banks and people across borders and are critical to finance and trade. They are a vital link between emerging markets and the broader global economy. Yet efforts...
A digital transformation is taking place in the financial services industry, with a host of non-bank innovators offering both customer facing and back office financial technology products and services...
Emerging evidence suggests that de-risking is a reality. Increased capital requirements, coupled with rising Know-Your-Customer, Anti-Money-Laundering, and Combating-the-Financing-of-Terrorism compliance...