World Economic Forum Blog: How investing in trade finance can be profitable and help SMEs thrive

Trade constitutes the backbone of every economy and 80-90% of global trade requires financing. Small and medium-sized enterprises (SMEs) account for around 90% of companies and more than half of the jobs worldwide according to the World Bank. Christoph Gugelmann discusses the trade finance gap, the transformation of trade finance assets into capital market products, and how a multi-stakeholder approach is needed to ensure SMEs have greater access to affordable credit.

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