What a socially inclusive circular economy means for emerging markets

A circular economy is a multifaceted economic growth strategy that helps enterprises, society, and the environment all at the same time. Its purpose is to encourage reduced product waste, recycling, and reuse in addition to making better use of resources. A circular economy is a holistic approach to economic development that benefits enterprises, society, and the environment all at the same time. The objective is to use resources more efficiently and effectively by encouraging product avoidance, recycling, and reuse. Unlike the “take-make-waste” linear model, driven by hyper-consumption, short thinking, resource over-extraction,…

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Emerging Markets are ready for international trade, but need trade finance

Emerging markets have grown at a lightning speed. Over the last 20 years, it has resulted in transforming international trading practices. Emerging economies now play a larger role in international trade than ever before. Twenty years ago, emerging economies accounted for about 30 percent of the world’s trade. Today, the figure stands at nearly 50 percent.
 
As supply and demand grow, developing market enterprises require ongoing working capital to maximize distribution, operational efficiency, and inventory turnover. International trade financing companies can assist emerging-market businesses in improving their cash flow position and reducing their risk exposure.
 
International trade finance companies typically extend working capital to businesses in emerging markets by providing them with trade finance facilities such as documentary collections, letters of credit, standby letters of credit, factoring facilities, and export credit. When a buyer purchases goods from a seller,

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How is COVID-19 affecting the outlook of Myanmar’s garments industry?

Myanmar Garments Emerging Markets

A single industry can push frontier markets into the mainstream. For Myanmar this was pegged to be the garments industry. With wages rising in China, manufacturers and investors have been searching for the new factory of the world. Are the fundamentals in Myanmar strong enough to weather the coronavirus pandemic and to rise above its ASEAN neighbours? Sector overview Garment exports rose from $349m in 2010 to over $4.6bn in 2018. With over 530 factories across the country, and a factory compound annual growth rate (CAGR) of 18%, this exceptional…

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