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Facilitation of Trade Finance for Sustainable Development
Popović Petrović, Ivana
Gligorić Matić, Mirjana
Janković, Irena
Abstract In this paper, the focus of the analysis is to point out many challenges and obstacles to sustainable development in contemporary period. There is an increasing number of factors that play a key role in this process, as well as a significant role in reducing the poverty. Trade also contributes to development, and in the recent period, numerous obstacles have been identified in the area of trade finance. That is the main motive for the research of numerous measures implemented to facilitate trade finance, with special attention to challenges in the implementation of these measures. Emphasizing the role of both, trade finance facilitation and Sustainable Development Goals achievement, we will underline the role of global trade finance gap, which dominantly affects SMEs in Developing countries. This analysis identifies areas that trade and development policymakers should pay attention to, in order to encourage inclusive and sustainable trade and development. By monitoring dynamic changes in the implementation of measures in this domain, we assess the position of numerous individual countries and the regional economic integrations they belong to
engleski
2025
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Keywords: Sustainable development goals, trade finance facilitation, trade finance gap, developing countries, single window