International Trade Forum

Magazine available in three languages focuses on trade development for developing and transition economics. It analyzes trends, opportunities, provides views from trade development experts and reports on International Trade Forum events and services.

Articles from No. 1, January-March

Banking on Credit: The Financial Crisis Has Hit All Elements of the Global Supply Chains. National Development Banks and EXIM Banks Need to Step Up to Fill the Gaps That Have Emerged So That Trade and Economic Activity Can Continue
Having access to finance is like having a generator in case a power outage causes blackouts. You need your line of credit especially when there is a crisis, but if you manage your cash flow well, you may not need to access it during normal times. ...
Commerce Crossroads: As Recession Deepens, Global Figures Are Starting to Reveal the Severity of the Impact. Trade Is Contracting Worldwide, and the Recovery Will Depend on What Policy-Makers Do Next
In today's globalized world, trade is a powerful engine for economic growth. International trade activity in goods and services remains the cornerstone support of our financial system, facilitating economic expansion as well as international cooperation...
Committed to Conscience: Through Its Tourism Initiative, a Brazilian Bank Is Successfully Continuing Its Commitment to Corporate Social Responsibility. Financial Crisis, It Says, Is No Reason to Turn Away from Sustainable Development
'The significant problems we face cannot be solved at the same level of thinking we were at when we created them.' Einstein's message is simple: at moments of distress in business life or in society, it's important that we strengthen our commitment...
Employment Meltdown: The Jobs Crisis Is Severe and Escalating, Threatening Increased Poverty and Prolonged Social Unrest around the World. but, with a Coordinated Response from Policy-Makers, It's within Our Means to Avert It
We are facing a global jobs crisis. Already, a huge gap is opening up between people with work and without. Unemployment is rising rapidly, and is expected to reach 230 million people worldwide this year. More people are being pushed into the informal...
'Girl Effect': Investing in Young Women Is at the Heart of Any Country's Long-Term Development and Prosperity, According to Leading Voices That Emerged at the World Economic Forum in Davos in January
[ILLUSTRATION OMITTED] Women are particularly vulnerable during times of economic downturn--they're at greatest risk of losing their jobs and, in many developing countries, gifts are taken out of school to help support their families. Yet, paradoxically,...
Global Briefing: G20 Roundup: Views from the Summit
[ILLUSTRATION OMITTED] The G20 Summit in April saw world leaders come together in the heat of the economic crisis, to thrash out the issues surrounding trade finance and come up with solutions. These solutions amounted to some US$1.1 trillion in...
Jobs Crisis Has a Woman's Face: In Asia, the Unemployment Crisis Poses Disproportionate Threat to Women Workers. Social Equality and Economic Stability Rely on Policy-Makers Considering Both Genders in Their Response
[ILLUSTRATION OMITTED] In the Asia-Pacific, as many as 27 million more people could become unemployed this year, according to the International Labour Organization (ILO). Some 140 million others in the region's developing economies could be forced...
Letter from the International Trade Centre
As the developed world has descended into financial crisis, there has been a tidal wave of despair and panic in governments and financial institutions around the world. Conflicting data underscores the fact that no one really understands the extent...
Lighting Ladakh: Using Tourism to Overcome Crisis: In an Area Once Threatened by Conflicting Struggles of Conservation and Livelihood, Farmers in the Indian Himalayas Have Learned to Make the Most of Local Potential
[ILLUSTRATION OMITTED] There are times when a moment of crisis can be turned into an opportunity. A perfect example has been running in rural Ladakh since 2002: a homestay programme that's using local potential to sustain communities and conservation...
Responsibility Lies with the G20: At Their November 2008 Meeting in Washington, World Leaders Thought of This Crisis as a Landmine That the United States and European Economies Had Stepped on; as These Economies Had Planted It, Other Emerging Nations Seemed Only Indirectly Concerned
In the past six months, that 'landmine crisis' has become a 'cluster-bomb crisis', throwing recession inducing projectiles in every direction. Emerging economies are now directly implicated; their economies are being damaged by a decade of G7 governance...
Restart: Trade Finance: Rebooting the Engine
[ILLUSTRATION OMITTED] Finance is a crucial component of the world economy, underpinning some 80% to 90% of world trade. As a result, the tightening of trade finance market conditions, which has been steadily worsening since the beginning of 2008,...
Sustainable Tourism: By Integrating Social and Environmental Principles in Their Business Models, Tourism Operators Can Lead the Way in Promoting Positive Development with Enduring Benefit for All
In the grip of the current economic crisis, it can seem all too hard to operate a profitable global business that benefits multiple stakeholders, which assists people in developing countries to preserve their cultural heritage and lessens human impact...
The Developing Crisis: As the World's Financial Epicentres Crash across Various Continents, What Impact Is This Having on Developing Countries?
[ILLUSTRATION OMITTED] 'The stark reality is that developing countries must prepare for a drop in trade, capital flows, remittances, domestic investment, as well as a slowdown in growth.' The words of Robert Zoellick, President of the World Bank,...
The Perils of Protectionism: History Shows That Open Markets Are Crucial in Times of Crisis. Leaders Need to Step Away from Purely Domestic Concerns, and Ensure They're Not Threatening the World's Economy Further by Imposing Dangerous Protectionist Measures
[ILLUSTRATION OMITTED] In attempting to secure their own economies, it's imperative that world leaders resist the temptation of protectionism. There is hope: we have a rule-based world trading system in the World Trade Organization (WTO), and a...
Trade Online: New Web Resources
ITC offers a wealth of online resources on trade development topics. Among new sites online: 01 ITC IS '100% Aid for Trade' Aid for Trade, which helps developing countries to build trade-related skills and infrastructure to boost exports and...