{
  "title": "IMF Global Financial Stability Report (GFSR) -- Sovereigns, Funding, and Systemic Liquidity; October 2010 -- Contents",
  "publication": "Global Financial Stability Report, October 29, 2010",
  "sourceUrl": "https://www.imf.org/en/publications/gfsr/issues/2016/12/31/sovereigns-funding-and-systemic-liquidity",
  "canonical": "https://www.imf.org/en/publications/gfsr/issues/2016/12/31/sovereigns-funding-and-systemic-liquidity",
  "overlayPath": "/en/publications/gfsr/issues/2016/12/31/sovereigns-funding-and-systemic-liquidity/index.md",
  "summary": "October 2010: The global financial system is still in a period of significant uncertainty and remains the Achilles&#8217; heel of the economic recovery.",
  "publishDate": "2010-10-29",
  "series": "Global Financial Stability Report",
  "sections": [
    {
      "heading": "Overview",
      "content": "- October 2010: \"The global financial system is still in a period of significant uncertainty and remains the Achilles' heel of the economic recovery.\"\n- Progress toward financial stability experienced a setback since the April 2010 GFSR.\n- The report:\n  - highlights how risks have changed over the last six months,\n  - traces the sources and channels of financial distress with an emphasis on sovereign risk,\n  - provides a discussion of policy proposals under consideration to mend the global financial system.\n- Related multimedia:\n  - Videos: \"IMF Says Global Financial Stability Better with Remaining Risks; Jose Vinals, Financial Counsellor, IMF\" (Spanish version) — October 5, 2010\n  - \"IMF on Systemic Liquidity Risks; Jeanne Gobat, IMF MCM Department\" — September 29, 2010\n  - \"IMF on Credit Ratings Agencies; John Kiff, IMF MCM Department\"\n  - Webcast of GFSR press briefing, September 29, 2010 — Transcript available\n- Sign-up: Email notification sign-up for new series and/or country items.\n- Note on terminology: On this site, the term \"country\" does not in all cases refer to a territorial entity that is a state as understood by international law and practice."
    },
    {
      "heading": "Executive materials and downloads",
      "content": "- Download the Full Text (6,2 kb)\n- Executive Summary (1000 Kb pdf file)\n- Preface (376kb pdf file)\n- Glossary (277KB pdf file)\n- Statistical Appendix (1,6KB pdf file)\n- Annex: Summing Up by the Acting Chair"
    },
    {
      "heading": "Chapter I — Economic Uncertainty, Sovereign Risk, and Financial Fragilities",
      "content": "- Available items: Full Text | Video | Boxes | Figures | Tables | Press Points\n- Sections:\n  - A. What Is the Outlook for Global Financial Stability?\n  - B. Sovereign Risks and Financial Fragilities\n  - C. Sovereign and Banking System Spillovers\n  - D. Managing Upside Risks to Emerging Markets\n  - E. Policy Priorities\n- Annexes:\n  - Annex 1.1. Impact of Adverse Growth Shock on Advanced Economy Debt Ratios\n  - Annex 1.2. Systemic Contingent Claims Analysis of Banking and Sovereign Risk\n  - Annex 1.3. Analyzing Portfolio Inflows to Emerging Markets and Other Advanced Markets\n  - Annex 1.4. Asia’s Local Currency Corporate Bond Market—A New Spare Tire\n  - Annex 1.5. Where Now for Fannie and Freddie? A Review of the Options\n- References"
    },
    {
      "heading": "Chapter II — Systemic Liquidity Risk: Improving the Resilience of Institutions and Markets",
      "content": "- Available items: Full Text | Video | Boxes | Figures | Press Points\n- Sections:\n  - Summary\n  - Review of the Systemic Liquidity Shock through Various Short-Term Funding Markets\n  - Funding Markets as Propagation Channels of Systemic Liquidity Risk\n  - Policies to Strengthen the Resilience of Funding Markets\n  - Policies to Strengthen Prudential Liquidity Regulations for Institutions\n  - Outstanding Policy Issues in Addressing Systemic Liquidity Risk\n  - Conclusions and Policy Considerations"
    },
    {
      "heading": "Chapter III — The Uses and Abuses of Sovereign Credit Ratings",
      "content": "- Sections:\n  - Basic Rating Definitions and Principles\n  - The Evolving Roles and Regulation of Credit Ratings and Credit Rating Agencies\n  - Fundamental Sovereign Credit Risk Analysis\n  - The Accuracy and Informational Value of Sovereign Ratings\n  - Conclusions and Policy Implications\n- Annex 3.1. Credit Rating Agencies around the World"
    },
    {
      "heading": "Key findings, risks, and policy priorities (as presented)",
      "content": "- Short-term: \"Short-Term Uncertainty Has Fallen, but Uncertainty Remains High in the Medium Term\"\n- Sovereign risk: emphasized as a key channel of financial distress and source of spillovers to banking systems.\n- Policy priorities and considerations span:\n  - Managing sovereign–bank spillovers,\n  - Strengthening funding-market resilience and prudential liquidity regulations,\n  - Addressing credit rating agency roles, accuracy, and regulation.\n- Specific thematic boxes and analysis touching on risks and policy:\n  - Japan: Risk of Sovereign Interest Rate Shock\n  - Risk Transmission between Sovereigns and Banks in Europe\n  - Risks of a Double Dip in the U.S. Real Estate Markets\n  - China’s Banking System: Managing Challenges after Credit Expansion\n  - Brazil's Tax on Capital Inflows, 2009–10\n  - Macroeconomic Costs of Regulatory Measures\n  - Key Findings of the U.S. Financial Sector Assessment Program\n  - Calibrating a Sovereign Risk-Adjusted Contingent Claims Analysis Balance Sheet\n  - Role of Money Markets\n  - Disruptions to Cross-Border Funding and Foreign Exchange Swaps\n  - The Repo Markets: A Primer\n  - What Went Wrong in Financial Firms' Liquidity Risk Management Practices?\n  - Repo Infrastructure: Trading, Clearing, and Settlement"
    },
    {
      "heading": "Data, figures, and tables (selection of report contents)",
      "content": "- Figures and charts include (selected):\n  - Global Financial Stability Map\n  - Global Financial Stability Map: Assessment of Risks and Conditions\n  - Markets Heat Map\n  - Spillovers from the Sovereign to the Banks and Banks to Sovereigns\n  - Ten-Year Sovereign Swap Spreads\n  - Impact of a –1 Percent Growth Shock from Wiorld Economic Outlook Baseline, 2010–15\n  - Sovereign Gross Funding Requirements\n  - Custodial Bond Flows, 2007–June 2010\n  - Developments in Sovereign Credit Default Swap Spreads\n  - Bank Writedowns or Loss Provisions by Region\n  - Capital Raised by Banks and Tier 1 Ratios\n  - Banking Sector Credit Default Swap Spreads\n  - U.S. Dollar Th ree-Month Forward–Overnight Index Swap Spreads and Basis Swaps\n  - Bank Bond Maturity Profile\n  - Bank Debt Maturing as a Percentage of Total Outstanding\n  - Euro Area: Bank Cumulative Net Issuance\n  - Reliance on Wholesale Funding\n  - European Central Bank Lending to Euro Area Monetary Financial Institutions\n  - Mature Market Credit Default Swap Spreads\n  - Lending Conditions; Bank Lending to Private Sector\n  - Bank for International Settlements Cross-Border Bank Flows by Region\n  - Cumulative Bank of New York Mellon iFlowSM Infl ows to Advanced and Emerging Economies\n  - Outstanding Local Currency Corporate Bonds; Local Currency Government and Corporate Bond Issuance\n\n- Tables and statistical indicators include (selected):\n  - Sovereign Market and Vulnerability Indicators\n  - Low-Growth Shock: Impact Analysis and Ranking\n  - Typical Haircut on Term Securities Financing Transactions\n  - Long-Term Senior Debt Rating Symbols\n  - Rating Agency Statements on What Their Ratings Are Designed to Measure\n  - Key Factors in Sovereign Credit Rating Assessments\n  - Sovereign Rating “Failures” during 1997–98 Asian Crisis\n  - Sovereign Rating “Failures” during the 2008—10 Crisis\n  - Ratings of AAA-Rated U.S. Mortgage-Related Securities\n  - Sovereign Rating and Outlook Changes\n  - Moody’s Sovereign Rating and Outlook Changes by Selected Regions, May 2007–June 2010\n  - Rating Drivers, May 2007–June 2010\n  - Average Credit Default Swap Spread and Ratings for Countries Rated by Moody’s, 2005–10\n  - Impact of Change in Sovereign Ratings and Credit Warnings on Credit Default Swap Spread\n  - Ratings One Year Prior to Sovereign Default, 1975–2009\n  - Sovereign Rating Performance by Standard & Poor’s\n  - Average Proportion of S&P Sovereign Ratings Unchanged Over One Year\n  - Average Proportion of S&P Sovereign Ratings Downgraded More Than Two Notches Over One Year"
    },
    {
      "heading": "Statistical Appendix (selected contents)",
      "content": "- Key Financial Centers: Figures | Tables\n- Emerging Markets: Figures | Tables\n- Financial Soundness Indicators: Tables\n- Statistical Appendix tables include numbered series (examples):\n  - 1. Major Net Exporters and Importers of Capital in 2009\n  - 2. Exchange Rates: Selected Major Industrial Countries\n  - 3. United States: Yields on Corporate and Treasury Bonds\n  - ...\n  - 14. United States: Asset-Backed Securities\n  - Global Capital Flows: Inflows and Outflows\n  - Emerging Market External Financing: Total Bonds, Equities, and Loans\n  - Financial Soundness Indicators including:\n    - 22. Bank Regulatory Capital to Risk-Weighted Assets\n    - 23. Bank Capital to Assets\n    - 24. Bank Nonperforming Loans to Total Loans\n    - 25. Bank Provisions to Nonperforming Loans\n    - 26. Bank Return on Assets\n    - 27. Bank Return on Equity"
    },
    {
      "heading": "Symbols and conventions used in the volume",
      "content": "- . . . to indicate that data are not available;\n- —— to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;\n- - between years or months (for example, 1997-99 or January-June) to indicate the years or months covered, including the beginning and ending years or months;\n- / between years (for example, 1998/99) to indicate a fiscal or financial year.\n- Definitions:\n  - \"Billion\" means a thousand million; \"trillion\" means a thousand billion.\n  - \"Basis points\" refer to hundredths of 1 percentage point (for example, 25 basis points are equivalent to 1/4 of 1 percentage point).\n  - \"n.a.\" means not applicable.\n- Note: Minor discrepancies between constituent figures and totals are due to rounding.\n- Reiteration of terminology note: As used in this volume the term \"country\" does not in all cases refer to a territorial entity that is a state as understood by international law and practice.\n\nIMF Global Financial Stability Report (GFSR) -- Sovereigns, Funding, and Systemic Liquidity; October 2010 -- Contents\n\n---\n\n Content in this bundle\n\n- Figure 1.1. Global Financial Stability Map\n  - Figure 1.1. Global Financial Stability Map (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.1. Global Financial Stability Map (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.10. Exports and Fiscal Balance\n  - Figure 1.10. Exports and Fiscal Balance (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.10. Exports and Fiscal Balance (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.11. Development in Sovereign Credit Default Swap Spreads\n  - Figure 1.11. Development in Sovereign Credit Default Swap Spreads (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.11. Development in Sovereign Credit Default Swap Spreads (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- figure112\n  - figure112 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure112 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.13. Capital Raised by Banks and Tier 1 Ratios\n  - Figure 1.13. Capital Raised by Banks and Tier 1 Ratios (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.13. Capital Raised by Banks and Tier 1 Ratios (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.14. Banking Sector Credit Default Swap Spreads\n  - Figure 1.14. Banking Sector Credit Default Swap Spreads (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.14. Banking Sector Credit Default Swap Spreads (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.18. Euro Area: Bank Cumulative Net Issuance\n  - Figure 1.18. Euro Area: Bank Cumulative Net Issuance (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.18. Euro Area: Bank Cumulative Net Issuance (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.19. Reliance on Wholesale Funding\n  - Figure 1.19. Reliance on Wholesale Funding (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.19. Reliance on Wholesale Funding (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.2. Global Financial Stability Map: Assessment of Risks and Conditions\n  - Figure 1.2. Global Financial Stability Map: Assessment of Risks and Conditions (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.2. Global Financial Stability Map: Assessment of Risks and Conditions (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.20. European Central Bank Lending to Euro Area Monetary Financial Institutions\n  - Figure 1.20. European Central Bank Lending to Euro Area Monetary Financial Institutions (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.20. European Central Bank Lending to Euro Area Monetary Financial Institutions (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.22. Bank Lending\n  - Figure 1.22. Bank Lending (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.22. Bank Lending (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure1 23\n  - Figure1 23 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure1 23 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.24. BIS Cumulative Cross-Border Bank Flows by Country\n  - Figure 1.24. BIS Cumulative Cross-Border Bank Flows by Country (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.24. BIS Cumulative Cross-Border Bank Flows by Country (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.25. Cross-Border Bank Flows and Local Credit\n  - Figure 1.25. Cross-Border Bank Flows and Local Credit (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.25. Cross-Border Bank Flows and Local Credit (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.26. Emerging and Advanced Market Returns\n  - Figure 1.26. Emerging and Advanced Market Returns (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.26. Emerging and Advanced Market Returns (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- figure129\n  - figure129 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure129 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.3. Markets Heatmap\n  - Figure 1.3. Markets Heatmap (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.3. Markets Heatmap (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.30. Equity and Debt Portfolio Inflows\n  - Figure 1.30. Equity and Debt Portfolio Inflows (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.30. Equity and Debt Portfolio Inflows (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.31. Nominal Effective Exchange Rate Performance\n  - Figure 1.31. Nominal Effective Exchange Rate Performance (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.31. Nominal Effective Exchange Rate Performance (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.32. Change in Official Reserves\n  - Figure 1.32. Change in Official Reserves (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.32. Change in Official Reserves (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.33. Sensitivity of Money Supply to Central Bank Foreign Assets\n  - Figure 1.33. Sensitivity of Money Supply to Central Bank Foreign Assets (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.33. Sensitivity of Money Supply to Central Bank Foreign Assets (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.34. Public Debt, Advanced Countries: Impact of Adverse Growth Shock\n  - Figure 1.34. Public Debt, Advanced Countries: Impact of Adverse Growth Shock (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.34. Public Debt, Advanced Countries: Impact of Adverse Growth Shock (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.4. Short-Term Uncertaintly Has Fallen, but Remains High in the Medium-Term\n  - Figure 1.4. Short-Term Uncertaintly Has Fallen, but Remains High in the Medium-Term (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.4. Short-Term Uncertaintly Has Fallen, but Remains High in the Medium-Term (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.41. Outstanding Local Currency Corporate Bonds\n  - Figure 1.41. Outstanding Local Currency Corporate Bonds (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.41. Outstanding Local Currency Corporate Bonds (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.42. Local Currency Governmetn and Corporate Bond Issuance\n  - Figure 1.42. Local Currency Governmetn and Corporate Bond Issuance (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.42. Local Currency Governmetn and Corporate Bond Issuance (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.43. Spread Between Prime Rate and Corporate Bond Yield Index\n  - Figure 1.43. Spread Between Prime Rate and Corporate Bond Yield Index (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.43. Spread Between Prime Rate and Corporate Bond Yield Index (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Content unit: dataset overview\n  - Content unit: dataset overview (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Content unit: dataset overview (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.7. Impact of a Negative 1 Percent Growth Shcok from WEO Baseline, 2010-2015\n  - Figure 1.7. Impact of a Negative 1 Percent Growth Shcok from WEO Baseline, 2010-2015 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.7. Impact of a Negative 1 Percent Growth Shcok from WEO Baseline, 2010-2015 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1.8. Sovereign Gross Funding Requirements\n  - Figure 1.8. Sovereign Gross Funding Requirements (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1.8. Sovereign Gross Funding Requirements (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- table11 dataset overview\n  - table11 dataset overview (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - table11 dataset overview (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 1.2. Low-Growth Shock: Impact Analysis and Rating\n  - Table 1.2. Low-Growth Shock: Impact Analysis and Rating (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 1.2. Low-Growth Shock: Impact Analysis and Rating (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 2.1. U.S. Private-Label Securitization Issuance by Type\n  - Figure 2.1. U.S. Private-Label Securitization Issuance by Type (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 2.1. U.S. Private-Label Securitization Issuance by Type (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- figure210 — Commercial Bank Funding Structure\n  - figure210 — Commercial Bank Funding Structure (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure210 — Commercial Bank Funding Structure (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 2.11. United States: Funding Structure of Selected Largest Commercial and Investment Banks\n  - Figure 2.11. United States: Funding Structure of Selected Largest Commercial and Investment Banks (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 2.11. United States: Funding Structure of Selected Largest Commercial and Investment Banks (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 2.12. Bank Deposits versus Money Market Mutual Funds\n  - Figure 2.12. Bank Deposits versus Money Market Mutual Funds (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 2.12. Bank Deposits versus Money Market Mutual Funds (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 2.2. United States: Outstanding Amount of Commercial Paper\n  - Figure 2.2. United States: Outstanding Amount of Commercial Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 2.2. United States: Outstanding Amount of Commercial Paper (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 2.3. Bank Bond Issuance\n  - Figure 2.3. Bank Bond Issuance (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 2.3. Bank Bond Issuance (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 2.4. Aggregate Bank Credit Default Swap Rate and Selected Spreads\n  - Figure 2.4. Aggregate Bank Credit Default Swap Rate and Selected Spreads (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 2.4. Aggregate Bank Credit Default Swap Rate and Selected Spreads (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 2.7. Share of Average Daily Turnover of Secured and Unsecured Lending\n  - Figure 2.7. Share of Average Daily Turnover of Secured and Unsecured Lending (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 2.7. Share of Average Daily Turnover of Secured and Unsecured Lending (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Box 3.1. Total Number of Countries Rated by Credit Rating Agencies\n  - Box 3.1. Total Number of Countries Rated by Credit Rating Agencies (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Box 3.1. Total Number of Countries Rated by Credit Rating Agencies (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- boxfigure36\n  - boxfigure36 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - boxfigure36 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 3.1. Ratings of AAA-Rated U.s. Mortgage-Related Securities\n  - Figure 3.1. Ratings of AAA-Rated U.s. Mortgage-Related Securities (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 3.1. Ratings of AAA-Rated U.s. Mortgage-Related Securities (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 3.2. Sovereign Rating and Outlook Changes\n  - Figure 3.2. Sovereign Rating and Outlook Changes (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 3.2. Sovereign Rating and Outlook Changes (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 3.3. Moody's Sovereign Rating and Outlook Changes by Selected Regions, May 2007-June 2010\n  - Figure 3.3. Moody's Sovereign Rating and Outlook Changes by Selected Regions, May 2007-June 2010 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 3.3. Moody's Sovereign Rating and Outlook Changes by Selected Regions, May 2007-June 2010 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 3.4. Rating Drivers, May 2007-June 2010\n  - Figure 3.4. Rating Drivers, May 2007-June 2010 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 3.4. Rating Drivers, May 2007-June 2010 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 3.6 Impact of Change in Sovereign Ratings and Credit Warnings on Credit Default Swap Spread\n  - Figure 3.6 Impact of Change in Sovereign Ratings and Credit Warnings on Credit Default Swap Spread (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 3.6 Impact of Change in Sovereign Ratings and Credit Warnings on Credit Default Swap Spread (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 3.7. Ratings One Year Prior to Sovereign Default, 1975-2009\n  - Figure 3.7. Ratings One Year Prior to Sovereign Default, 1975-2009 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 3.7. Ratings One Year Prior to Sovereign Default, 1975-2009 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 1. Major Net Exporters and Importers of Capital in 2009\n  - Figure 1. Major Net Exporters and Importers of Capital in 2009 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 1. Major Net Exporters and Importers of Capital in 2009 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 10. Flows into U.S.-Based Equity Funds\n  - Figure 10. Flows into U.S.-Based Equity Funds (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 10. Flows into U.S.-Based Equity Funds (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 11. United States: Corporate Bond Market\n  - Figure 11. United States: Corporate Bond Market (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 11. United States: Corporate Bond Market (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 12. Europe: Corporate Bond Market\n  - Figure 12. Europe: Corporate Bond Market (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 12. Europe: Corporate Bond Market (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 13. United States: Commercial Paper Market\n  - Figure 13. United States: Commercial Paper Market (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 13. United States: Commercial Paper Market (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 14. United States: Asset-Backed Securities\n  - Figure 14. United States: Asset-Backed Securities (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 14. United States: Asset-Backed Securities (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 15. Emerging Market Volatility Measures\n  - Figure 15. Emerging Market Volatility Measures (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 15. Emerging Market Volatility Measures (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 16. Emerging Market Debt Cross-Correlation Measures\n  - Figure 16. Emerging Market Debt Cross-Correlation Measures (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 16. Emerging Market Debt Cross-Correlation Measures (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 2. Exchange Rates: Selected Major Industrial Countries\n  - Figure 2. Exchange Rates: Selected Major Industrial Countries (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 2. Exchange Rates: Selected Major Industrial Countries (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 3. United States: Yields on Corporate and Treasury Bonds\n  - Figure 3. United States: Yields on Corporate and Treasury Bonds (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 3. United States: Yields on Corporate and Treasury Bonds (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Dataset overview\n  - Dataset overview (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Dataset overview (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 5. Nonfinancial Corporate Credit Spreads\n  - Figure 5. Nonfinancial Corporate Credit Spreads (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 5. Nonfinancial Corporate Credit Spreads (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 6. Equity Markets: Price Indices\n  - Figure 6. Equity Markets: Price Indices (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 6. Equity Markets: Price Indices (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 7. Implied and Historical Volatility in Equity Markets\n  - Figure 7. Implied and Historical Volatility in Equity Markets (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 7. Implied and Historical Volatility in Equity Markets (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 8. Historical Volatility of Government Bond Yields and Bond Returns for Selected Countries\n  - Figure 8. Historical Volatility of Government Bond Yields and Bond Returns for Selected Countries (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 8. Historical Volatility of Government Bond Yields and Bond Returns for Selected Countries (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Figure 9. Twelve-Month Forward Price/Earnings Ratios\n  - Figure 9. Twelve-Month Forward Price/Earnings Ratios (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Figure 9. Twelve-Month Forward Price/Earnings Ratios (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 1. Global Financial Flows: Inflows and Outflows\n  - Table 1. Global Financial Flows: Inflows and Outflows (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 1. Global Financial Flows: Inflows and Outflows (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 10. MSCI Equity Market Indices\n  - Table 10. MSCI Equity Market Indices (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 10. MSCI Equity Market Indices (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 12. Emerging Market Bond Index: EMBI Global Total Returns Index\n  - Table 12. Emerging Market Bond Index: EMBI Global Total Returns Index (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 12. Emerging Market Bond Index: EMBI Global Total Returns Index (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 13. Emerging Market Bond Index: EMBI Global Yield Spreads\n  - Table 13. Emerging Market Bond Index: EMBI Global Yield Spreads (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 13. Emerging Market Bond Index: EMBI Global Yield Spreads (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 14.  Emerging Market External Issuance: Bonds, Equities, and Loans\n  - Table 14.  Emerging Market External Issuance: Bonds, Equities, and Loans (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 14.  Emerging Market External Issuance: Bonds, Equities, and Loans (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 15. Emerging Market External Issuance: Bonds\n  - Table 15. Emerging Market External Issuance: Bonds (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 15. Emerging Market External Issuance: Bonds (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 16.  Emerging Market External Issuance: Equities\n  - Table 16.  Emerging Market External Issuance: Equities (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 16.  Emerging Market External Issuance: Equities (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 17.  Emerging Market External Issuance: Loans\n  - Table 17.  Emerging Market External Issuance: Loans (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 17.  Emerging Market External Issuance: Loans (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 18. Equity Valuation Measures: Dividend-Yield Ratios\n  - Table 18. Equity Valuation Measures: Dividend-Yield Ratios (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 18. Equity Valuation Measures: Dividend-Yield Ratios (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 19. Equity Valuation Measures: Price-to-Book Ratios\n  - Table 19. Equity Valuation Measures: Price-to-Book Ratios (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 19. Equity Valuation Measures: Price-to-Book Ratios (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Sa Table2\n  - Sa Table2 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Sa Table2 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 20. Equity Valuation Measures: Price/Earnings Ratios\n  - Table 20. Equity Valuation Measures: Price/Earnings Ratios (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 20. Equity Valuation Measures: Price/Earnings Ratios (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 21. Emerging Markets: Mutual Fund Flows\n  - Table 21. Emerging Markets: Mutual Fund Flows (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 21. Emerging Markets: Mutual Fund Flows (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 22. Bank Regulatory Capital to Risk-Weighted Assets\n  - Table 22. Bank Regulatory Capital to Risk-Weighted Assets (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 22. Bank Regulatory Capital to Risk-Weighted Assets (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 23. Bank Capital to Assets\n  - Table 23. Bank Capital to Assets (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 23. Bank Capital to Assets (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 24. Bank Nonperforming Loans to Total Loans\n  - Table 24. Bank Nonperforming Loans to Total Loans (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 24. Bank Nonperforming Loans to Total Loans (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 25. Bank Provisions to Nonperforming Loans\n  - Table 25. Bank Provisions to Nonperforming Loans (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 25. Bank Provisions to Nonperforming Loans (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 26. Bank Return on Assets\n  - Table 26. Bank Return on Assets (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 26. Bank Return on Assets (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 27. Bank Return on Equity\n  - Table 27. Bank Return on Equity (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 27. Bank Return on Equity (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 3. Selected Indicators on the Size of the Capital Markets, 2009\n  - Table 3. Selected Indicators on the Size of the Capital Markets, 2009 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 3. Selected Indicators on the Size of the Capital Markets, 2009 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Sa Table4\n  - Sa Table4 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Sa Table4 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Sa Table5\n  - Sa Table5 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Sa Table5 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Sa Table6\n  - Sa Table6 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Sa Table6 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 7. United States: Sectoral Balance Sheets\n  - Table 7. United States: Sectoral Balance Sheets (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 7. United States: Sectoral Balance Sheets (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 8. Japan: Sectoral Balance Sheets1\n  - Table 8. Japan: Sectoral Balance Sheets1 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 8. Japan: Sectoral Balance Sheets1 (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- Table 9. Europe: Sectoral Balance Sheets\n  - Table 9. Europe: Sectoral Balance Sheets (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Table 9. Europe: Sectoral Balance Sheets (CSV){rel=\"external\" type=\"application/octet-stream\"}\n- موجز للصحافة للتقرير الاستقرار المالي العالمي\n  - موجز للصحافة للتقرير الاستقرار المالي العالمي (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - موجز للصحافة للتقرير الاستقرار المالي العالمي (PDF){rel=\"external\" type=\"application/pdf\"}\n- ملخص واف عن التقرير الإستقرار المالي العالمي\n  - ملخص واف عن التقرير الإستقرار المالي العالمي (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - ملخص واف عن التقرير الإستقرار المالي العالمي (PDF){rel=\"external\" type=\"application/pdf\"}\n- 2010年10月期《全球金融稳定报告》第二, 三章新闻发布要点\n  - 2010年10月期《全球金融稳定报告》第二, 三章新闻发布要点 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 2010年10月期《全球金融稳定报告》第二, 三章新闻发布要点 (PDF){rel=\"external\" type=\"application/pdf\"}\n- 2010年10月期《全球金融稳定报告》概要\n  - 2010年10月期《全球金融稳定报告》概要 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 2010年10月期《全球金融稳定报告》概要 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Pressfpdf\n  - Pressfpdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Pressfpdf (PDF){rel=\"external\" type=\"application/pdf\"}\n- Rapport sur la stabilité financière dans le monde\n  - Rapport sur la stabilité financière dans le monde (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Rapport sur la stabilité financière dans le monde (PDF){rel=\"external\" type=\"application/pdf\"}\n- 国際金融安定性報告書\n  - 国際金融安定性報告書 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 国際金融安定性報告書 (PDF){rel=\"external\" type=\"application/pdf\"}\n- 国際金融安定報告書\n  - 国際金融安定報告書 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 国際金融安定報告書 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 210\n  - figure 210 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 210 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 211\n  - figure 211 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 211 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 212\n  - figure 212 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 212 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 21\n  - figure 21 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 21 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 22\n  - figure 22 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 22 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 23\n  - figure 23 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 23 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 24\n  - figure 24 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 24 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 27\n  - figure 27 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 27 (PDF){rel=\"external\" type=\"application/pdf\"}\n- box figure 31\n  - box figure 31 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - box figure 31 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Boxfigure36pdf\n  - Boxfigure36pdf (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 31\n  - figure 31 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 31 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 32\n  - figure 32 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 32 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 33\n  - figure 33 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 33 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 34\n  - figure 34 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 34 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 36\n  - figure 36 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 36 (PDF){rel=\"external\" type=\"application/pdf\"}\n- figure 37\n  - figure 37 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - figure 37 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Global Financial Stability Report\n  - Global Financial Stability Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Global Financial Stability Report (PDF){rel=\"external\" type=\"application/pdf\"}\n- chapter 1 econoMIc uncertaInty, sovereIgn rIsk, and FInancIal FragIlItIes\n  - chapter 1 econoMIc uncertaInty, sovereIgn rIsk, and FInancIal FragIlItIes (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - chapter 1 econoMIc uncertaInty, sovereIgn rIsk, and FInancIal FragIlItIes (PDF){rel=\"external\" type=\"application/pdf\"}\n- chapter 2 systeMIc lIquIdIty rIsk: IMprovIng the resIlIence oF FInancIal InstItutIons and Markets\n  - chapter 2 systeMIc lIquIdIty rIsk: IMprovIng the resIlIence oF FInancIal InstItutIons and Markets (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - chapter 2 systeMIc lIquIdIty rIsk: IMprovIng the resIlIence oF FInancIal InstItutIons and Markets (PDF){rel=\"external\" type=\"application/pdf\"}\n- CHApTER 3 tHe uses and aBuses oF sovereIgn credIt ratIngs\n  - CHApTER 3 tHe uses and aBuses oF sovereIgn credIt ratIngs (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - CHApTER 3 tHe uses and aBuses oF sovereIgn credIt ratIngs (PDF){rel=\"external\" type=\"application/pdf\"}\n- Contentspdf\n  - Contentspdf (PDF){rel=\"external\" type=\"application/pdf\"}\n- Global Financial Stability Report\n  - Global Financial Stability Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Global Financial Stability Report (PDF){rel=\"external\" type=\"application/pdf\"}\n- Global Financial Stability Report\n  - Global Financial Stability Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Global Financial Stability Report (PDF){rel=\"external\" type=\"application/pdf\"}\n- Press Points for Chapter 1: Economic Uncertainty, Sovereign Risk, and Financial Fragilities\n  - Press Points for Chapter 1: Economic Uncertainty, Sovereign Risk, and Financial Fragilities (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Press Points for Chapter 1: Economic Uncertainty, Sovereign Risk, and Financial Fragilities (PDF){rel=\"external\" type=\"application/pdf\"}\n- press2pdf\n  - press2pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - press2pdf (PDF){rel=\"external\" type=\"application/pdf\"}\n- Press Points for Chapter Three: The Uses and Abuses of Sovereign Credit Ratings\n  - Press Points for Chapter Three: The Uses and Abuses of Sovereign Credit Ratings (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Press Points for Chapter Three: The Uses and Abuses of Sovereign Credit Ratings (PDF){rel=\"external\" type=\"application/pdf\"}\n- GFSR October 2010 -- Press Points\n  - GFSR October 2010 -- Press Points (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - GFSR October 2010 -- Press Points (PDF){rel=\"external\" type=\"application/pdf\"}\n- Statappxpdf\n  - Statappxpdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Statappxpdf (PDF){rel=\"external\" type=\"application/pdf\"}\n- systemic liquidity risk: improving the resilience of financial institutions and markets2\n  - systemic liquidity risk: improving the resilience of financial institutions and markets2 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - systemic liquidity risk: improving the resilience of financial institutions and markets2 (PDF){rel=\"external\" type=\"application/pdf\"}\n- The Uses and Abuses of Sovereign Credit Ratings3\n  - The Uses and Abuses of Sovereign Credit Ratings3 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - The Uses and Abuses of Sovereign Credit Ratings3 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Global Financial Stability Report\n  - Global Financial Stability Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Global Financial Stability Report (PDF){rel=\"external\" type=\"application/pdf\"}\n- GLOBAL FINANCIAL STABILitY REPORT sovereIgns, FundIng, and systeMIc lIquIdIty\n  - GLOBAL FINANCIAL STABILitY REPORT sovereIgns, FundIng, and systeMIc lIquIdIty (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - GLOBAL FINANCIAL STABILitY REPORT sovereIgns, FundIng, and systeMIc lIquIdIty (PDF){rel=\"external\" type=\"application/pdf\"}\n- Доклад по вопросам глобальной финансовой стабильности\n  - Доклад по вопросам глобальной финансовой стабильности (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Доклад по вопросам глобальной финансовой стабильности (PDF){rel=\"external\" type=\"application/pdf\"}\n- Доклад по вопросам глобальной финансовой стабильности\n  - Доклад по вопросам глобальной финансовой стабильности (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Доклад по вопросам глобальной финансовой стабильности (PDF){rel=\"external\" type=\"application/pdf\"}\n- Pressspdf\n  - Pressspdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Pressspdf (PDF){rel=\"external\" type=\"application/pdf\"}\n- Informe sobre la Estabilidad Financiera Mundial - Octubre de 2010 -- Resumen General\n  - Informe sobre la Estabilidad Financiera Mundial - Octubre de 2010 -- Resumen General (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Informe sobre la Estabilidad Financiera Mundial - Octubre de 2010 -- Resumen General (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.\n- Modify your profile\n- https://www.imf.org/external/mmedia/view.aspx?vid=624932026001\n- Spanish version\n- http://www.imf.org/external/mmedia/view.aspx?vid=619542444001\n- http://www.imf.org/external/mmedia/view.aspx?vid=619701770001\n- - Webcast of GFSR press briefing, September 29, 2010\n- - Transcript\n- Ordering Information\n- Disclaimer\n- Video\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/publications/gfsr/issues/2016/12/31/sovereigns-funding-and-systemic-liquidity"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/gfsr/issues/2016/12/31/sovereigns-funding-and-systemic-liquidity/index.md)",
    "[Structured JSON version](/en/publications/gfsr/issues/2016/12/31/sovereigns-funding-and-systemic-liquidity/index.json)",
    "[Bundle manifest](/en/publications/gfsr/issues/2016/12/31/sovereigns-funding-and-systemic-liquidity/bundle-manifest.json)",
    "Published: October 29, 2010",
    "Series: Global Financial Stability Report",
    "October 2010: \"The global financial system is still in a period of significant uncertainty and remains the Achilles' heel of the economic recovery.\"",
    "Progress toward financial stability experienced a setback since the April 2010 GFSR.",
    "The report:",
    "Related multimedia:",
    "Sign-up: Email notification sign-up for new series and/or country items.",
    "Note on terminology: On this site, the term \"country\" does not in all cases refer to a territorial entity that is a state as understood by international law and practice.",
    "Download the Full Text (6,2 kb)",
    "Executive Summary (1000 Kb pdf file)",
    "Preface (376kb pdf file)",
    "Glossary (277KB pdf file)",
    "Statistical Appendix (1,6KB pdf file)",
    "Annex: Summing Up by the Acting Chair",
    "Available items: Full Text | Video | Boxes | Figures | Tables | Press Points",
    "Sections:",
    "Annexes:",
    "References",
    "Available items: Full Text | Video | Boxes | Figures | Press Points",
    "Sections:",
    "Sections:",
    "Annex 3.1. Credit Rating Agencies around the World",
    "Short-term: \"Short-Term Uncertainty Has Fallen, but Uncertainty Remains High in the Medium Term\"",
    "Sovereign risk: emphasized as a key channel of financial distress and source of spillovers to banking systems.",
    "Policy priorities and considerations span:",
    "Specific thematic boxes and analysis touching on risks and policy:",
    "Figures and charts include (selected):",
    "Tables and statistical indicators include (selected):",
    "Key Financial Centers: Figures | Tables",
    "Emerging Markets: Figures | Tables",
    "Financial Soundness Indicators: Tables",
    "Statistical Appendix tables include numbered series (examples):",
    ". . . to indicate that data are not available;",
    "—— to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;",
    "- between years or months (for example, 1997-99 or January-June) to indicate the years or months covered, including the beginning and ending years or months;",
    "/ between years (for example, 1998/99) to indicate a fiscal or financial year.",
    "Definitions:",
    "Note: Minor discrepancies between constituent figures and totals are due to rounding.",
    "Reiteration of terminology note: As used in this volume the term \"country\" does not in all cases refer to a territorial entity that is a state as understood by international law and practice.",
    "**Figure 1.1. Global Financial Stability Map**",
    "**Figure 1.10. Exports and Fiscal Balance**",
    "**Figure 1.11. Development in Sovereign Credit Default Swap Spreads**",
    "**figure1_12**",
    "**Figure 1.13. Capital Raised by Banks and Tier 1 Ratios**",
    "**Figure 1.14. Banking Sector Credit Default Swap Spreads**",
    "**Figure 1.18. Euro Area: Bank Cumulative Net Issuance**",
    "**Figure 1.19. Reliance on Wholesale Funding**",
    "**Figure 1.2. Global Financial Stability Map: Assessment of Risks and Conditions**",
    "**Figure 1.20. European Central Bank Lending to Euro Area Monetary Financial Institutions**",
    "**Figure 1.22. Bank Lending**",
    "**Figure1 23**",
    "**Figure 1.24. BIS Cumulative Cross-Border Bank Flows by Country**",
    "**Figure 1.25. Cross-Border Bank Flows and Local Credit**",
    "**Figure 1.26. Emerging and Advanced Market Returns**",
    "**figure1_29**",
    "**Figure 1.3. Markets Heatmap**",
    "**Figure 1.30. Equity and Debt Portfolio Inflows**",
    "**Figure 1.31. Nominal Effective Exchange Rate Performance**",
    "**Figure 1.32. Change in Official Reserves**",
    "**Figure 1.33. Sensitivity of Money Supply to Central Bank Foreign Assets**",
    "**Figure 1.34. Public Debt, Advanced Countries: Impact of Adverse Growth Shock**",
    "**Figure 1.4. Short-Term Uncertaintly Has Fallen, but Remains High in the Medium-Term**",
    "**Figure 1.41. Outstanding Local Currency Corporate Bonds**",
    "**Figure 1.42. Local Currency Governmetn and Corporate Bond Issuance**",
    "**Figure 1.43. Spread Between Prime Rate and Corporate Bond Yield Index**",
    "**Content unit: dataset overview**",
    "**Figure 1.7. Impact of a Negative 1 Percent Growth Shcok from WEO Baseline, 2010-2015**",
    "**Figure 1.8. Sovereign Gross Funding Requirements**",
    "**table1_1 dataset overview**",
    "**Table 1.2. Low-Growth Shock: Impact Analysis and Rating**",
    "**Figure 2.1. U.S. Private-Label Securitization Issuance by Type**",
    "**figure2_10 — Commercial Bank Funding Structure**",
    "**Figure 2.11. United States: Funding Structure of Selected Largest Commercial and Investment Banks**",
    "**Figure 2.12. Bank Deposits versus Money Market Mutual Funds**",
    "**Figure 2.2. United States: Outstanding Amount of Commercial Paper**",
    "**Figure 2.3. Bank Bond Issuance**",
    "**Figure 2.4. Aggregate Bank Credit Default Swap Rate and Selected Spreads**",
    "**Figure 2.7. Share of Average Daily Turnover of Secured and Unsecured Lending**",
    "**Box 3.1. Total Number of Countries Rated by Credit Rating Agencies**",
    "**boxfigure3_6**",
    "**Figure 3.1. Ratings of AAA-Rated U.s. Mortgage-Related Securities**",
    "**Figure 3.2. Sovereign Rating and Outlook Changes**",
    "**Figure 3.3. Moody's Sovereign Rating and Outlook Changes by Selected Regions, May 2007-June 2010**",
    "**Figure 3.4. Rating Drivers, May 2007-June 2010**",
    "**Figure 3.6 Impact of Change in Sovereign Ratings and Credit Warnings on Credit Default Swap Spread**",
    "**Figure 3.7. Ratings One Year Prior to Sovereign Default, 1975-2009**",
    "**Figure 1. Major Net Exporters and Importers of Capital in 2009**",
    "**Figure 10. Flows into U.S.-Based Equity Funds**",
    "**Figure 11. United States: Corporate Bond Market**",
    "**Figure 12. Europe: Corporate Bond Market**",
    "**Figure 13. United States: Commercial Paper Market**",
    "**Figure 14. United States: Asset-Backed Securities**",
    "**Figure 15. Emerging Market Volatility Measures**",
    "**Figure 16. Emerging Market Debt Cross-Correlation Measures**",
    "**Figure 2. Exchange Rates: Selected Major Industrial Countries**",
    "**Figure 3. United States: Yields on Corporate and Treasury Bonds**",
    "**Dataset overview**",
    "**Figure 5. Nonfinancial Corporate Credit Spreads**",
    "**Figure 6. Equity Markets: Price Indices**",
    "**Figure 7. Implied and Historical Volatility in Equity Markets**",
    "**Figure 8. Historical Volatility of Government Bond Yields and Bond Returns for Selected Countries**",
    "**Figure 9. Twelve-Month Forward Price/Earnings Ratios**",
    "**Table 1. Global Financial Flows: Inflows and Outflows**",
    "**Table 10. MSCI Equity Market Indices**",
    "**Table 12. Emerging Market Bond Index: EMBI Global Total Returns Index**",
    "**Table 13. Emerging Market Bond Index: EMBI Global Yield Spreads**",
    "**Table 14.  Emerging Market External Issuance: Bonds, Equities, and Loans**",
    "**Table 15. Emerging Market External Issuance: Bonds**",
    "**Table 16.  Emerging Market External Issuance: Equities**",
    "**Table 17.  Emerging Market External Issuance: Loans**",
    "**Table 18. Equity Valuation Measures: Dividend-Yield Ratios**",
    "**Table 19. Equity Valuation Measures: Price-to-Book Ratios**",
    "**Sa Table2**",
    "**Table 20. Equity Valuation Measures: Price/Earnings Ratios**",
    "**Table 21. Emerging Markets: Mutual Fund Flows**",
    "**Table 22. Bank Regulatory Capital to Risk-Weighted Assets**",
    "**Table 23. Bank Capital to Assets**",
    "**Table 24. Bank Nonperforming Loans to Total Loans**",
    "**Table 25. Bank Provisions to Nonperforming Loans**",
    "**Table 26. Bank Return on Assets**",
    "**Table 27. Bank Return on Equity**",
    "**Table 3. Selected Indicators on the Size of the Capital Markets, 2009**",
    "**Sa Table4**",
    "**Sa Table5**",
    "**Sa Table6**",
    "**Table 7. United States: Sectoral Balance Sheets**",
    "**Table 8. Japan: Sectoral Balance Sheets1**",
    "**Table 9. Europe: Sectoral Balance Sheets**",
    "**موجز للصحافة للتقرير الاستقرار المالي العالمي**",
    "**ملخص واف عن التقرير الإستقرار المالي العالمي**",
    "**2010年10月期《全球金融稳定报告》第二, 三章新闻发布要点**",
    "**2010年10月期《全球金融稳定报告》概要**",
    "**Pressfpdf**",
    "**Rapport sur la stabilité financière dans le monde**",
    "**国際金融安定性報告書**",
    "**国際金融安定報告書**",
    "**figure 2_10**",
    "**figure 2_11**",
    "**figure 2_12**",
    "**figure 2_1**",
    "**figure 2_2**",
    "**figure 2_3**",
    "**figure 2_4**",
    "**figure 2_7**",
    "**box figure 3_1**",
    "**Boxfigure36pdf**",
    "**figure 3_1**",
    "**figure 3_2**",
    "**figure 3_3**",
    "**figure 3_4**",
    "**figure 3_6**",
    "**figure 3_7**",
    "**Global Financial Stability Report**",
    "**chapter 1 econoMIc uncertaInty, sovereIgn rIsk, and FInancIal FragIlItIes**",
    "**chapter 2 systeMIc lIquIdIty rIsk: IMprovIng the resIlIence oF FInancIal InstItutIons and Markets**",
    "**CHApTER 3 tHe uses and aBuses oF sovereIgn credIt ratIngs**",
    "**Contentspdf**",
    "**Global Financial Stability Report**",
    "**Global Financial Stability Report**",
    "**Press Points for Chapter 1: Economic Uncertainty, Sovereign Risk, and Financial Fragilities**",
    "**_press2pdf**",
    "**Press Points for Chapter Three: The Uses and Abuses of Sovereign Credit Ratings**",
    "**GFSR October 2010 -- Press Points**",
    "**Statappxpdf**",
    "**systemic liquidity risk: improving the resilience of financial institutions and markets2**",
    "**The Uses and Abuses of Sovereign Credit Ratings3**",
    "**Global Financial Stability Report**",
    "**GLOBAL FINANCIAL STABILitY REPORT sovereIgns, FundIng, and systeMIc lIquIdIty**",
    "**Доклад по вопросам глобальной финансовой стабильности**",
    "**Доклад по вопросам глобальной финансовой стабильности**",
    "**Pressspdf**",
    "**Informe sobre la Estabilidad Financiera Mundial - Octubre de 2010 -- Resumen General**",
    "[Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.](https://www.imf.org/en/email-subscription/index)",
    "[Modify your profile](https://www.imf.org/en/email-subscription/login)",
    "[https://www.imf.org/external/mmedia/view.aspx?vid=624932026001](https://www.imf.org/external/mmedia/view.aspx?vid=624932026001)",
    "[Spanish version](https://www.imf.org/external/mmedia/view.aspx?vid=624932025001)",
    "[http://www.imf.org/external/mmedia/view.aspx?vid=619542444001](http://www.imf.org/external/mmedia/view.aspx?vid=619542444001)",
    "[http://www.imf.org/external/mmedia/view.aspx?vid=619701770001](http://www.imf.org/external/mmedia/view.aspx?vid=619701770001)",
    "[- Webcast of GFSR press briefing, September 29, 2010](http://www.imf.org/external/mmedia/view.aspx?vid=620978295001)",
    "[- Transcript](http://www.imf.org/external/np/tr/2010/tr092910.htm)",
    "[Ordering Information](https://www.imf.org/external/pubs/cat/longres.cfm?sk=23543.0)",
    "[Disclaimer](https://www.imf.org/external/terms.htm)",
    "[Video](http://www.imf.org/external/mmedia/view.aspx?vid=624932026001)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
  ],
  "related": [
    {
      "title": "Figure 1.1. Global Financial Stability Map",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_1.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_1.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_1.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.10. Exports and Fiscal Balance",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_10.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_10.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_10.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.11. Development in Sovereign Credit Default Swap Spreads",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_11.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_11.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_11.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "figure1_12",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_12.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_12.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_12.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.13. Capital Raised by Banks and Tier 1 Ratios",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_13.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_13.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_13.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.14. Banking Sector Credit Default Swap Spreads",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_14.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_14.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_14.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.18. Euro Area: Bank Cumulative Net Issuance",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_18.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_18.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_18.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.19. Reliance on Wholesale Funding",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_19.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_19.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_19.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.2. Global Financial Stability Map: Assessment of Risks and Conditions",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_2.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_2.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_2.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.20. European Central Bank Lending to Euro Area Monetary Financial Institutions",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_20.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_20.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_20.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.22. Bank Lending",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_22.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_22.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_22.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure1 23",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_23.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_23.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_23.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.24. BIS Cumulative Cross-Border Bank Flows by Country",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_24.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_24.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_24.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.25. Cross-Border Bank Flows and Local Credit",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_25.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_25.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_25.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.26. Emerging and Advanced Market Returns",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_26.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_26.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_26.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "figure1_29",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_29.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_29.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_29.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.3. Markets Heatmap",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_3.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_3.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_3.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.30. Equity and Debt Portfolio Inflows",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_30.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_30.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_30.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.31. Nominal Effective Exchange Rate Performance",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_31.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_31.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_31.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.32. Change in Official Reserves",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_32.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_32.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_32.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.33. Sensitivity of Money Supply to Central Bank Foreign Assets",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_33.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_33.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_33.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.34. Public Debt, Advanced Countries: Impact of Adverse Growth Shock",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_34.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_34.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_34.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.4. Short-Term Uncertaintly Has Fallen, but Remains High in the Medium-Term",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_4.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_4.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_4.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.41. Outstanding Local Currency Corporate Bonds",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_41.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_41.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_41.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.42. Local Currency Governmetn and Corporate Bond Issuance",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_42.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_42.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_42.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.43. Spread Between Prime Rate and Corporate Bond Yield Index",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_43.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_43.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_43.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Content unit: dataset overview",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_6.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_6.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_6.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.7. Impact of a Negative 1 Percent Growth Shcok from WEO Baseline, 2010-2015",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_7.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_7.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_7.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1.8. Sovereign Gross Funding Requirements",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/figure1_8.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_8.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/figure1_8.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "table1_1 dataset overview",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/table1_1.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/table1_1.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/table1_1.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 1.2. Low-Growth Shock: Impact Analysis and Rating",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c1/table1_2.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/table1_2.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c1/table1_2.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 2.1. U.S. Private-Label Securitization Issuance by Type",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c2/figure2_1.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_1.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_1.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "figure2_10 — Commercial Bank Funding Structure",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c2/figure2_10.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_10.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_10.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 2.11. United States: Funding Structure of Selected Largest Commercial and Investment Banks",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c2/figure2_11.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_11.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_11.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 2.12. Bank Deposits versus Money Market Mutual Funds",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c2/figure2_12.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_12.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_12.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 2.2. United States: Outstanding Amount of Commercial Paper",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c2/figure2_2.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_2.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_2.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 2.3. Bank Bond Issuance",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c2/figure2_3.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_3.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_3.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 2.4. Aggregate Bank Credit Default Swap Rate and Selected Spreads",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c2/figure2_4.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_4.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_4.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 2.7. Share of Average Daily Turnover of Secured and Unsecured Lending",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c2/figure2_7.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_7.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c2/figure2_7.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Box 3.1. Total Number of Countries Rated by Credit Rating Agencies",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c3/boxfigure3_1.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/boxfigure3_1.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/boxfigure3_1.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "boxfigure3_6",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c3/boxfigure3_6.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/boxfigure3_6.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/boxfigure3_6.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 3.1. Ratings of AAA-Rated U.s. Mortgage-Related Securities",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c3/figure3_1.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_1.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_1.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 3.2. Sovereign Rating and Outlook Changes",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c3/figure3_2.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_2.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_2.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 3.3. Moody's Sovereign Rating and Outlook Changes by Selected Regions, May 2007-June 2010",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c3/figure3_3.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_3.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_3.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 3.4. Rating Drivers, May 2007-June 2010",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c3/figure3_4.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_4.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_4.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 3.6 Impact of Change in Sovereign Ratings and Credit Warnings on Credit Default Swap Spread",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c3/figure3_6.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_6.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_6.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 3.7. Ratings One Year Prior to Sovereign Default, 1975-2009",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/c3/figure3_7.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_7.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/c3/figure3_7.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 1. Major Net Exporters and Importers of Capital in 2009",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure1.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure1.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure1.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 10. Flows into U.S.-Based Equity Funds",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure10.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure10.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure10.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 11. United States: Corporate Bond Market",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure11.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure11.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure11.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 12. Europe: Corporate Bond Market",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure12.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure12.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure12.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 13. United States: Commercial Paper Market",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure13.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure13.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure13.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 14. United States: Asset-Backed Securities",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure14.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure14.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure14.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 15. Emerging Market Volatility Measures",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure15.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure15.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure15.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 16. Emerging Market Debt Cross-Correlation Measures",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure16.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure16.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure16.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 2. Exchange Rates: Selected Major Industrial Countries",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure2.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure2.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure2.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 3. United States: Yields on Corporate and Treasury Bonds",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure3.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure3.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure3.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Dataset overview",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure4.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure4.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure4.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 5. Nonfinancial Corporate Credit Spreads",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure5.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure5.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure5.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 6. Equity Markets: Price Indices",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure6.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure6.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure6.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 7. Implied and Historical Volatility in Equity Markets",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure7.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure7.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure7.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 8. Historical Volatility of Government Bond Yields and Bond Returns for Selected Countries",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure8.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure8.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure8.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Figure 9. Twelve-Month Forward Price/Earnings Ratios",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_figure9.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure9.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_figure9.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 1. Global Financial Flows: Inflows and Outflows",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table1.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table1.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table1.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 10. MSCI Equity Market Indices",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table10.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table10.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table10.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 12. Emerging Market Bond Index: EMBI Global Total Returns Index",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table12.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table12.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table12.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 13. Emerging Market Bond Index: EMBI Global Yield Spreads",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table13.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table13.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table13.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 14.  Emerging Market External Issuance: Bonds, Equities, and Loans",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table14.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table14.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table14.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 15. Emerging Market External Issuance: Bonds",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table15.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table15.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table15.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 16.  Emerging Market External Issuance: Equities",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table16.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table16.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table16.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 17.  Emerging Market External Issuance: Loans",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table17.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table17.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table17.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 18. Equity Valuation Measures: Dividend-Yield Ratios",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table18.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table18.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table18.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 19. Equity Valuation Measures: Price-to-Book Ratios",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table19.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table19.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table19.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Sa Table2",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table2.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table2.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table2.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 20. Equity Valuation Measures: Price/Earnings Ratios",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table20.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table20.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table20.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 21. Emerging Markets: Mutual Fund Flows",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table21.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table21.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table21.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 22. Bank Regulatory Capital to Risk-Weighted Assets",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table22.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table22.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table22.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 23. Bank Capital to Assets",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table23.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table23.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table23.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 24. Bank Nonperforming Loans to Total Loans",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table24.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table24.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table24.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 25. Bank Provisions to Nonperforming Loans",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table25.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table25.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table25.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 26. Bank Return on Assets",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table26.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table26.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table26.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 27. Bank Return on Equity",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table27.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table27.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table27.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 3. Selected Indicators on the Size of the Capital Markets, 2009",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table3.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table3.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table3.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Sa Table4",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table4.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table4.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table4.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Sa Table5",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table5.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table5.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table5.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Sa Table6",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table6.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table6.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table6.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 7. United States: Sectoral Balance Sheets",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table7.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table7.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table7.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 8. Japan: Sectoral Balance Sheets1",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table8.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table8.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table8.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "Table 9. Europe: Sectoral Balance Sheets",
      "role": "dataset",
      "sourceUrl": "http://www.imf.org/external/pubs/ft/GFSR/2010/02/sa/sa_table9.csv",
      "summary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table9.csv.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/external/pubs/ft/GFSR/2010/02/sa/sa_table9.csv",
        "mime": "application/octet-stream"
      }
    },
    {
      "title": "موجز للصحافة للتقرير الاستقرار المالي العالمي",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/arabic/pubs/ft/gfsr/2010/02/pdf/_pressapdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/arabic/pubs/ft/gfsr/2010/02/pdf/_pressapdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/arabic/pubs/ft/gfsr/2010/02/pdf/_pressapdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "ملخص واف عن التقرير الإستقرار المالي العالمي",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/arabic/pubs/ft/gfsr/2010/02/pdf/suma.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/arabic/pubs/ft/gfsr/2010/02/pdf/suma.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/arabic/pubs/ft/gfsr/2010/02/pdf/suma.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "2010年10月期《全球金融稳定报告》第二, 三章新闻发布要点",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/chinese/pubs/ft/gfsr/2010/02/pdf/_presscpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/chinese/pubs/ft/gfsr/2010/02/pdf/_presscpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/chinese/pubs/ft/gfsr/2010/02/pdf/_presscpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "2010年10月期《全球金融稳定报告》概要",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/chinese/pubs/ft/gfsr/2010/02/pdf/sumc.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/chinese/pubs/ft/gfsr/2010/02/pdf/sumc.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/chinese/pubs/ft/gfsr/2010/02/pdf/sumc.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Pressfpdf",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/gfsr/2010/02/pdf/_pressfpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/gfsr/2010/02/pdf/_pressfpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/gfsr/2010/02/pdf/_pressfpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Rapport sur la stabilité financière dans le monde",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/gfsr/2010/02/pdf/sumf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/gfsr/2010/02/pdf/sumf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/gfsr/2010/02/pdf/sumf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "国際金融安定性報告書",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/japanese/pubs/ft/gfsr/2010/02/pdf/_pressjpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/japanese/pubs/ft/gfsr/2010/02/pdf/_pressjpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/japanese/pubs/ft/gfsr/2010/02/pdf/_pressjpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "国際金融安定報告書",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/japanese/pubs/ft/gfsr/2010/02/pdf/sumj.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/japanese/pubs/ft/gfsr/2010/02/pdf/sumj.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/japanese/pubs/ft/gfsr/2010/02/pdf/sumj.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 2_10",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure210pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure210pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure210pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 2_11",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure211pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure211pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure211pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 2_12",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure212pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure212pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure212pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 2_1",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure21pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure21pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure21pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 2_2",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure22pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure22pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure22pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 2_3",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure23pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure23pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure23pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 2_4",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure24pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure24pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure24pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 2_7",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure27pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure27pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c2/_figure27pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "box figure 3_1",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_boxfigure31pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_boxfigure31pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_boxfigure31pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Boxfigure36pdf",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_boxfigure36pdf.pdf",
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_boxfigure36pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 3_1",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure31pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure31pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure31pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 3_2",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure32pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure32pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure32pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 3_3",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure33pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure33pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure33pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 3_4",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure34pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure34pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure34pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 3_6",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure36pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure36pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure36pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "figure 3_7",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure37pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure37pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/c3/_figure37pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Global Financial Stability Report",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_annexpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_annexpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_annexpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "chapter 1 econoMIc uncertaInty, sovereIgn rIsk, and FInancIal FragIlItIes",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_chap1pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_chap1pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_chap1pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "chapter 2 systeMIc lIquIdIty rIsk: IMprovIng the resIlIence oF FInancIal InstItutIons and Markets",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_chap2pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_chap2pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_chap2pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "CHApTER 3 tHe uses and aBuses oF sovereIgn credIt ratIngs",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_chap3pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_chap3pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_chap3pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Contentspdf",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_contentspdf.pdf",
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_contentspdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Global Financial Stability Report",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_glossarypdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_glossarypdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_glossarypdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Global Financial Stability Report",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_prefacepdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_prefacepdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_prefacepdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Press Points for Chapter 1: Economic Uncertainty, Sovereign Risk, and Financial Fragilities",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_press1pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_press1pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_press1pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "_press2pdf",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_press2pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_press2pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_press2pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Press Points for Chapter Three: The Uses and Abuses of Sovereign Credit Ratings",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_press3pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_press3pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_press3pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "GFSR October 2010 -- Press Points",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_presspdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_presspdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_presspdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Statappxpdf",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_statappxpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_statappxpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_statappxpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "systemic liquidity risk: improving the resilience of financial institutions and markets2",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_sum2pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_sum2pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_sum2pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "The Uses and Abuses of Sovereign Credit Ratings3",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_sum3pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_sum3pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_sum3pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Global Financial Stability Report",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_summarypdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_summarypdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_summarypdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "GLOBAL FINANCIAL STABILitY REPORT sovereIgns, FundIng, and systeMIc lIquIdIty",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_textpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_textpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/gfsr/2010/02/pdf/_textpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Доклад по вопросам глобальной финансовой стабильности",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/gfsr/2010/02/pdf/_pressrpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/gfsr/2010/02/pdf/_pressrpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/gfsr/2010/02/pdf/_pressrpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Доклад по вопросам глобальной финансовой стабильности",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/gfsr/2010/02/pdf/sumr.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/gfsr/2010/02/pdf/sumr.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/gfsr/2010/02/pdf/sumr.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Pressspdf",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/gfsr/2010/02/pdf/_pressspdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/gfsr/2010/02/pdf/_pressspdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/gfsr/2010/02/pdf/_pressspdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Informe sobre la Estabilidad Financiera Mundial - Octubre de 2010 -- Resumen General",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/gfsr/2010/02/pdf/sums.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/gfsr/2010/02/pdf/sums.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/gfsr/2010/02/pdf/sums.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/gfsr/issues/2016/12/31/sovereigns-funding-and-systemic-liquidity/index.md",
    "json": "/en/publications/gfsr/issues/2016/12/31/sovereigns-funding-and-systemic-liquidity/index.json",
    "bundleManifest": "/en/publications/gfsr/issues/2016/12/31/sovereigns-funding-and-systemic-liquidity/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-23T17:59:47.538Z"
}
