Reforms to the global financial system are essential to cut vulnerability, boost predictability and better align trade, finance and development, UNCTAD has said.
With 90 per cent of trade dependent on finance, developing nations face high borrowing costs and limited market access.
UNCTAD urges reforms to trade rules and monetary systems, plus stronger transparency and trade finance for small firms.
With 90 per cent of trade dependent on finance, developing nations face high borrowing costs and limited market access.
UNCTAD urges reforms to trade rules and monetary systems, plus stronger transparency and trade finance for small firms.
