Global Financial Stability Report

Global Financial Stability Report, September 2004: Market Developments and Issues

September 13, 2004

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Format: Chicago

International Monetary Fund. Monetary and Capital Markets Department Global Financial Stability Report, September 2004: Market Developments and Issues, (USA: International Monetary Fund, 2004) accessed 12/18/2025, https://doi.org/10.5089/9781589063785.082

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Summary

This September 2004 issue of the Global Financial Stability Report highlights that over the past six months, the global financial system, especially the health of financial intermediaries, has been further strengthened by the broadening economic recovery. The financial system has not looked as resilient as it does in the summer of 2004, in the three years since the bursting of the equity bubble. Financial intermediaries, banks and nonbanks alike, have strengthened their balance sheets to a point where they could, if necessary, absorb considerable shocks.

Subject: Banking, Emerging and frontier financial markets, Expenditure, Financial institutions, Financial markets, Hedge funds, Labor, Pension spending, Pensions, Securities markets

Keywords: Africa, Asia and Pacific, capital market, crisis country, Emerging and frontier financial markets, emerging market country, Europe, GFSR, Global, Hedge funds, market condition, market expectation, market participant, market player, Middle East, Pension spending, Pensions, Securities markets, U.S. dollar