Global Financial Stability Report, September 2011: Grappling with Crisis Legacies

September 21, 2011

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Format: Chicago

Global Financial Stability Report, September 2011: Grappling with Crisis Legacies, (USA: International Monetary Fund, 2011) accessed December 23, 2024

Summary

The September 2011 Global Financial Stability Report cautions that the risks to global financial stability have increased substantially in recent months, during which heavy public debt burdens and weak growth prospects in many advanced economies combined with a series of shocks to the global financial system. Emerging markets, despite brighter growth prospects, face the risk of sharp reversals and so must guard against the buildup of financial vulnerabilities. Moreover, as the crisis has moved into its fifth year, it has entered a new phase in which political differences within and across economies are impeding progress to address the legacies of the crisis. The Report examines how the ongoing low interest rate environment and high uncertainty are driving the asset allocations of long-term, real-money institutional investors. The Report also looks at variables that can act as advance indicators of financial crisis and examines how the use of countercyclical capital buffers can help to dampen destabilizing cycles.

Subject: Asset allocation, Asset and liability management, Banking, Credit, Financial crises, Financial institutions, Financial sector policy and analysis, Money, Stocks, Systemic risk

Keywords: Abnormal returns, Africa, Asia and Pacific, Asset, Asset allocation, Asset allocation, Cost of capital, Credit, Credit-to-GDP ratio, Debt ceiling, Europe, Fixed income, GFSR, Global, IMF staff estimate, Middle East, Private equity, Stocks, Systemic risk, Yield

Publication Details

Pages:

176
Volume:

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DOI:

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Issue:

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Series:

Global Financial Stability Report No. 2011/002
Stock No:

GFSREA2011002
ISBN:

9781616351243
ISSN:

1729-701X

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