Last Updated November 07, 2008
Multilaterals look to give trade a helping hand
Keeping credit lines open for the financing of trade was one of the key topics at the IMF and World Bank meetings held in October. IMF’s managing director Dominique Strauss-Kahn spoke of his concerns about the impact of the financial crisis in the advanced economies on trade in the emerging markets.
Speaking at a press briefing ahead of the meetings, he disputed that the theory of decoupling was ever a likely scenario, before adding:
