In a number of cases, countries also needed to rely on external cooperation, including central bank swap lines, precautionary finance from the IMF in the form of the newly developed Flexible Credit Line (FCL) or traditional IMF lending through a series of Stand-By  BIS Review 104/2010  7  Arrangements (SBAs).
These measures played a crucial role as a “fire break,” limiting the impact of the crisis and its further feedback. Based on these experiences, the G20 has recognized increasing capital volatility as a serious future risk to the global economy.