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Provides an assessment of the global financial system and markets, and addresses emerging market financing in a global context. This report focuses on current market conditions, highlighting systemic issues that could pose a risk to financial stability and sustained market access by emerging market borrowers.
After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies.
Finds that short-term risks to financial stability have increased somewhat since the previous Global Financial Stability Report. Medium-term risks are still elevated as financial vulnerabilities, which have built up during the years of accommodative policies.
Provides detailed guidance on the implementation of the new Fiscal Transparency Code, which was approved by the IMF Board in 2014. It explains why each principle of the Code is important and describes current trends in implementation of the principles.
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