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Supporting trade finance for trade expansion and diversification in West Africa B250

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  • Marc Auboin

    (Organisation mondiale du commerce)

Abstract

A joint study by the WTO and IFC established that the low share of trade supported by trade finance (25%) in the four largest economies of West Africa (Nigeria, Côte d'Ivoire, Ghana and Senegal) was a major constraint in further expanding and diversifying trade flows and trade integration. Raising trade finance use in the region to the African average of 40% of trade flows, would result in an increase in the region's trade flows of 8% annually, 80% in ten years.

Suggested Citation

  • Marc Auboin, 2023. "Supporting trade finance for trade expansion and diversification in West Africa B250," Post-Print hal-04127668, HAL.
    • Handle: RePEc:hal:journl:hal-04127668
    Note: View the original document on HAL open archive server: https://hal.science/hal-04127668
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    References listed on IDEAS

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    1. Auboin, Marc & Bekkers, Eddy & De Quarti, Dario, 2023. "A novel framework to evaluate changes in access to and costs of trade finance," WTO Staff Working Papers ERSD-2023-01, World Trade Organization (WTO), Economic Research and Statistics Division.
    2. Marc Auboin & Eddy Bekkers & Dario De Quarti, 2023. "A Novel Framework to Evaluate Changes in Access to and Costs of Trade Finance," CESifo Working Paper Series 10445, CESifo.
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