Global Macro Service > Research Briefings > Global
Strong cross-border financial flows are helping to ease global financial conditions. Such flows reached a post-crisis peak (in gross terms) in 2017, bolstered by an uptick in cross-border bank lending. Looking ahead, we expect financial globalization to deepen further but at a more moderate pace than in 2017. Such flows will be less reversal-prone than in the pre-crisis era.
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