In recent years, national financial markets have become more interdependent in response to technological innovations, shifting institutional strategies, and the reduction of exchange controls. In consequence, financial sector issues have become the subject of intensive intergovernmental collaboration, and, in particular, multilateral negotiations on norms and rules to guide more extensive international trade and investment in financial services have become prominent. This section outlines the scope of these negotiations after placing them in their broader context.
International Monetary Fund Copyright © 2010-2025. All Rights Reserved.