  First studies, which require substantiation, back up the assumption that developed LCBMs also help dampen the volatility of international capital flows, a finding of major significance in the light, in particular, of this year’s G20 discussion.   They broaden the spectrum of investments for international investors and facilitate their global search for diversification.
  According to some commentators, LCBMs actually contribute to rebalancing by keeping savings at home. These savings not only boost domestic investment and consumption, they also increase the country’s propensity to import. This is only an abbreviated list of the potential advantages identified during the financial crisis, although some of them are as yet no more than a scientific working hypothesis.