IMF flags rising risks as $4trn nonbank flows reshape emerging-market finance

IMF flags rising risks as $4trn nonbank flows reshape emerging-market finance

Emerging-market firms and governments are increasingly turning to nonbank sources of external financing, a shift that has unlocked deeper pools of capital but is also heightening exposure to sudden reversals in global investor sentiment, according to the International Monetary Fund (IMF). In a blog accompanying its latest Global Financial Stability Report, IMF economists said portfolio […] read more IMF flags rising risks as $4trn nonbank flows reshape emerging-market finance

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