SWFs weigh 'safety nets' to spur cross-border capital flows
Tokyo
SOVEREIGN wealth funds (SWFs) are weighing the benefits of cooperating more widely with multinational institutions such as the International Monetary Fund (IMF) and World Bank to encourage cross-border capital flows and foster sustainable growth, particularly in emerging markets (EMs).
These suggestions for increasing the reliability of cross-border sources of finance and adding to international and regional "safety nets" could encourage EM economies to speed up and maintain relatively open systems for capital flows.
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