This year’s product shortages and supply chain snarls revealed the fragility of the $5.2 trillion trade finance network that helps fuel the global economy, according to a new report produced by McKinsey & Co.
For millions of small businesses -- particularly in the developing world -- the current system of trade finance is overly complicated, inaccessible and imposes a significant barrier to participation.
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November 18, 2021 at 11:00AM
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A Plan to Reboot the $5 Trillion Engine That Powers Global Trade - Bloomberg
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