The Resource Global financial stability report : vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets, International Monetary Fund
Global financial stability report : vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets, International Monetary Fund
Resource Information
The item Global financial stability report : vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets, International Monetary Fund represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in European University Institute.This item is available to borrow from 1 library branch.
Resource Information
The item Global financial stability report : vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets, International Monetary Fund represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in European University Institute.
This item is available to borrow from 1 library branch.
- Summary
- Financial stability has improved in advanced economies since April, but risks continue to rotate toward emerging markets. The global financial outlook is clouded by a triad of policy challenges: emerging market vulnerabilities, legacy issues from the crisis in advanced economies, and weak systemic market liquidity. Although many emerging market economies have enhanced their policy frameworks and resilience to external shocks, several key economies face substantial domestic imbalances and lower growth. Recent market developments such as slumping commodity prices, China's bursting equity bubble and pressure on exchange rates underscore these challenges. The prospect of the U.S. Federal Reserve gradually raising interest rates points to an unprecedented adjustment in the global financial system as financial conditions and risk premiums normalize from historically low levels alongside rising policy rates and a modest cyclical recovery. Chapter 2 examines in detail the factors that influence levels of liquidity in securities markets, as well as the implications of low liquidity. Currently, market liquidity is being supported by benign cyclical conditions. Although it is too early to assess the impact of recent regulatory changes on market liquidity, changes in market structure, such as larger holdings of corporate bonds by mutual funds, appear to have increased the fragility of liquidity. Chapter 3 studies the growing level of corporate debt in emerging markets, which quadrupled between 2003 and 2014. The report finds that global drivers have played an increasing role in leverage growth, issuance, and spreads. Moreover, higher leverage has been associated with, on average, rising foreign currency exposures. It also finds that despite weaker balance sheets, firms have managed to issue bonds at better terms as a result of favorable financial conditions --
- Language
- eng
- Extent
- xiv, 114 pages
- Note
- On front cover -- "October 2015"
- Isbn
- 9781513582047
- Label
- Global financial stability report : vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets
- Title
- Global financial stability report
- Title remainder
- vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets
- Statement of responsibility
- International Monetary Fund
- Language
- eng
- Summary
- Financial stability has improved in advanced economies since April, but risks continue to rotate toward emerging markets. The global financial outlook is clouded by a triad of policy challenges: emerging market vulnerabilities, legacy issues from the crisis in advanced economies, and weak systemic market liquidity. Although many emerging market economies have enhanced their policy frameworks and resilience to external shocks, several key economies face substantial domestic imbalances and lower growth. Recent market developments such as slumping commodity prices, China's bursting equity bubble and pressure on exchange rates underscore these challenges. The prospect of the U.S. Federal Reserve gradually raising interest rates points to an unprecedented adjustment in the global financial system as financial conditions and risk premiums normalize from historically low levels alongside rising policy rates and a modest cyclical recovery. Chapter 2 examines in detail the factors that influence levels of liquidity in securities markets, as well as the implications of low liquidity. Currently, market liquidity is being supported by benign cyclical conditions. Although it is too early to assess the impact of recent regulatory changes on market liquidity, changes in market structure, such as larger holdings of corporate bonds by mutual funds, appear to have increased the fragility of liquidity. Chapter 3 studies the growing level of corporate debt in emerging markets, which quadrupled between 2003 and 2014. The report finds that global drivers have played an increasing role in leverage growth, issuance, and spreads. Moreover, higher leverage has been associated with, on average, rising foreign currency exposures. It also finds that despite weaker balance sheets, firms have managed to issue bonds at better terms as a result of favorable financial conditions --
- Assigning source
- Provided by Publisher
- Cataloging source
- BTCTA
- Index
- no index present
- Literary form
- non fiction
- Nature of contents
- bibliography
- http://bibfra.me/vocab/lite/organizationName
- International Monetary Fund
- Series statement
- World economic and financial surveys,
- http://library.link/vocab/subjectName
-
- Capital market
- Economic stabilization
- International finance
- Economic stabilization
- Label
- Global financial stability report : vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets, International Monetary Fund
- Note
- On front cover -- "October 2015"
- Bibliography note
- Includes bibliographical references
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier.
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent.
- Control code
- FIEb17794328
- Dimensions
- 30 cm.
- Extent
- xiv, 114 pages
- Isbn
- 9781513582047
- Media category
- unmediated
- Media MARC source
- rdamedia.
- Media type code
-
- n
- System control number
- (OCoLC)1088456738
- Label
- Global financial stability report : vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets, International Monetary Fund
- Note
- On front cover -- "October 2015"
- Bibliography note
- Includes bibliographical references
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier.
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent.
- Control code
- FIEb17794328
- Dimensions
- 30 cm.
- Extent
- xiv, 114 pages
- Isbn
- 9781513582047
- Media category
- unmediated
- Media MARC source
- rdamedia.
- Media type code
-
- n
- System control number
- (OCoLC)1088456738
Library Links
Embed
Settings
Select options that apply then copy and paste the RDF/HTML data fragment to include in your application
Embed this data in a secure (HTTPS) page:
Layout options:
Include data citation:
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.eui.eu/portal/Global-financial-stability-report-/id3EYheKgJk/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.eui.eu/portal/Global-financial-stability-report-/id3EYheKgJk/">Global financial stability report : vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets, International Monetary Fund</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.eui.eu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.eui.eu/">European University Institute</a></span></span></span></span></div>
Note: Adjust the width and height settings defined in the RDF/HTML code fragment to best match your requirements
Preview
Cite Data - Experimental
Data Citation of the Item Global financial stability report : vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets, International Monetary Fund
Copy and paste the following RDF/HTML data fragment to cite this resource
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.eui.eu/portal/Global-financial-stability-report-/id3EYheKgJk/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.eui.eu/portal/Global-financial-stability-report-/id3EYheKgJk/">Global financial stability report : vulnerabilities, legacies, and policy challenges : risks rotating to emerging markets, International Monetary Fund</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.eui.eu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.eui.eu/">European University Institute</a></span></span></span></span></div>
