Access to trade finance, i.e. financial instruments and means of payments for international transactions, can enable SME engagement in international activities through direct exporting and participation in global value chains, and ultimately foster inclusive economic growth and innovation. The...

City and regional governments as well as development agencies will learn from this report how to develop their own toolbox of instruments and structures for leveraging private finance. What role can private financing play in local economic development? To address this issue, this study draws on...