Global Financial Stability Report, April 2015

Navigating Monetary Policy Challenges and Managing Risks

Business & Finance, Economics, International Economics, Finance & Investing, Banks & Banking, Finance
Cover of the book Global Financial Stability Report, April 2015 by International Monetary Fund.  Monetary and Capital Markets Department, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: International Monetary Fund. Monetary and Capital Markets Department ISBN: 9781475547580
Publisher: INTERNATIONAL MONETARY FUND Publication: April 15, 2015
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: International Monetary Fund. Monetary and Capital Markets Department
ISBN: 9781475547580
Publisher: INTERNATIONAL MONETARY FUND
Publication: April 15, 2015
Imprint: INTERNATIONAL MONETARY FUND
Language: English
The current report finds that, despite an improvement in economic prospects in some key advanced economies, new challenges to global financial stability have arisen. The global financial system is being buffeted by a series of changes, including lower oil prices and, in some cases, diverging growth patterns and monetary policies. Expectations for rising U.S. policy rates sparked a significant appreciation of the U.S. dollar, while long term bond yields in many advanced economies have decreased—and have turned negative for almost a third of euro area sovereign bonds—on disinflation concerns and the prospect of continued monetary accommodation. Emerging markets are caught in these global cross currents, with some oil exporters and other facing new stability challenges, while others have gained more policy space as a result of lower fuel prices and reduced inflationary pressures. The report also examines changes in international banking since the global financial crisis and finds that these changes are likely to promote more stable bank lending in host countries. Finally, the report finds that the asset management industry needs to strengthen its oversight framework to address financial stability risks from incentive problems between end-investors and portfolio managers and the risk of runs due to liquidity mismatches.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
The current report finds that, despite an improvement in economic prospects in some key advanced economies, new challenges to global financial stability have arisen. The global financial system is being buffeted by a series of changes, including lower oil prices and, in some cases, diverging growth patterns and monetary policies. Expectations for rising U.S. policy rates sparked a significant appreciation of the U.S. dollar, while long term bond yields in many advanced economies have decreased—and have turned negative for almost a third of euro area sovereign bonds—on disinflation concerns and the prospect of continued monetary accommodation. Emerging markets are caught in these global cross currents, with some oil exporters and other facing new stability challenges, while others have gained more policy space as a result of lower fuel prices and reduced inflationary pressures. The report also examines changes in international banking since the global financial crisis and finds that these changes are likely to promote more stable bank lending in host countries. Finally, the report finds that the asset management industry needs to strengthen its oversight framework to address financial stability risks from incentive problems between end-investors and portfolio managers and the risk of runs due to liquidity mismatches.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Finance & Development, March 2018 by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book Inflation Targeting - What is the Meaning of the Bottom of the Band? by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book Regional Economic Outlook, October 2011: Asia and Pacific by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book Regional Economic Outlook, October 2011: Western Hemisphere by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book World Economic Outlook, October 2010 by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book Finance & Development, March 1980 by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book Finance and Development, March 2014 by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book IEO Evaluation Report on the IMF's Approach to Capital Account Liberalization 2005 by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book Two Targets, Two Instruments: Monetary and Exchange Rate Policies in Emerging Market Economies by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book Finance & Development, June 1979 by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book Value-Added Tax: Administrative and Policy Issues by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book Regional Economic Outlook, May 2014: Western Hemisphere by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book Fiscal Federalism in Theory and Practice by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book A Manual for Country Economists by International Monetary Fund.  Monetary and Capital Markets Department
Cover of the book From Great Depression to Great Recession by International Monetary Fund.  Monetary and Capital Markets Department
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy