Global Financial Stability Report

Global Financial Stability Report, April 2014: Moving from Liquidity- to Growth-Driven Markets

April 9, 2014

Download PDF

Preview Citation

Format: Chicago

Global Financial Stability Report, April 2014: Moving from Liquidity- to Growth-Driven Markets, (USA: International Monetary Fund, 2014) accessed September 18, 2024

Summary

The April 2014 Global Financial Stability Report finds that, despite much progress, the global financial system remains in a transitional period with stability conditions far from normal. Advanced and emerging market economies alike need to make a successful shift from liquidity- to growth-driven markets, which will require a number of elements, including a normalization of U.S. monetary policy; financial rebalancing in emerging markets; further progress in the euro area integration; and continued implementation of “Abenomics” in Japan. This report also examines how changes in the investor base and financial deepening affect emerging market economies as well as looks at the issue of banks considered too important to fail, providing new estimates of the implicit funding subsidy these banks receive.

Subject: Banking, Credit, Emerging and frontier financial markets, Financial institutions, Financial markets, Financial statements, Loans, Money, Mutual funds, Public financial management (PFM)

Keywords: Active market, Africa, Asia and Pacific, Balance sheet repair, Bank, Bond index, Caribbean, Commercial paper, Credit, Economy, Emerging and frontier financial markets, Emerging market, Equity capital, Equity valuation, Europe, Financial statements, Fiscal consolidation plan, Funding cost, GFSR, Global, Investor base, Loans, Longer-term inflation expectation, Market liquidity, Market participant, Middle East, Mutual funds, Risk profile, Yield

Publication Details

  • Pages:

    182

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Global Financial Stability Report No. 2014/001

  • Stock No:

    GFSREA2014001

  • ISBN:

    9781484357460

  • ISSN:

    1729-701X