In addition, increased grants or other operational subsidies would help CDFIs to cover the costs of providing technical assistance and advisory services to small business clients as well as to boost their loan-loss reserves.
These changes resulted in the most rapid increases in the trade-to-GDP ratio since 1870. As the pace of trade liberalization has slowed in recent years, perhaps reflecting limits to further gains from trade agreements, it is only natural that the trade-to-GDP ratio should flatten out as well. Another related factor is the maturation of global value chains.