IMF Deputy Managing Director Li Bo: Pension Reforms Can Bolster Capital Market Construction with Sustained Funding
4 day ago / Read about 0 minute
Author:小编   

Pension reforms serve as a catalyst for diversifying the financial landscapes of East Asian nations. In contrast to banks, capital markets excel at fostering innovation and nurturing startups. By channeling long-term funds into capital markets, pension reforms enhance financial disintermediation and redirect capital flows towards dynamic and innovative sectors, thereby fostering economic growth.