In 2012, Asian Development Bank’s Trade Finance Program (TFP) commissioned a unique study, the first of its kind, to understand and quantify the unmet demand for trade finance, known as the global trade finance gap. Over the years, TFP has updated this study to quantify and inform policymakers and market participants about the main drivers for this persistent trade finance gap.
For years microcredit has been used as a tool to fight both poverty and gender inequality. However, over the years, many researchers have concluded the Microcredit might not be the miraculous solution to these issues.
‘Make in India’ is an ambitious initiative put forward by Prime Minister Narendra Modi in 2014. Even though much has been done for the successful implementation of the initiative, there are a lot of pitfalls left to be addressed.