Belt and Road and beyond. As the Chinese proverb goes: “
One chopstick is easy to bend; a bunch of chopsticks are difficult to break .” [6]
By working together, we will have the opportunity to create stronger financial connections and more prosperous economies—in Asia and around the world.
Thank you.Xièxiè
.
[1] McKinsey, 2016, “Bridging Global Infrastructure Gaps,” McKinsey Global Institute, New York.
[2] Source: IMF estimates.
[3] IMF Working Paper: Swarnali Ahmed, “The Drivers of Capital Flows in Emerging Markets Post Global Financial Crisis”, February 2017.
[4] IMF Staff Discussion Note: Ratna Sahay, Martin ?ihák, Papa N’Diaye, “Financial Inclusion: Can It Meet Multiple Macroeconomic Goals?”, September 2015.
[5] IMF Working Paper: Davide Furceri, Prakash Loungani: “Capital Account Liberalization and Inequality”, November, 2015.
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