{
  "title": "Understanding Financial Interconnectedness",
  "publication": "Policy Papers, October 4, 2010",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/understanding-financial-interconnectedness-pp4503",
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  "summary": "This paper seeks to advance our understanding of global financial interconnectedness by (i) mapping aspects of the architecture of global finance and (ii) investigating critical fault lines related to interconnectedness along which systemic risks were built up and shocks transmitted in the crisis.",
  "sections": [
    {
      "heading": "Objective and approach",
      "content": "- Seeks to advance understanding of global financial interconnectedness by:\n  - mapping aspects of the architecture of global finance; and\n  - investigating critical fault lines related to interconnectedness along which systemic risks were built up and shocks transmitted in the crisis.\n- Takes initial steps toward operationalizing enhanced financial sector and macro-financial surveillance called for by the IMF’s Executive Board and by experts such as de Larosiere et al. (2009)."
    },
    {
      "heading": "Key implications and uses",
      "content": "- Improved handling of interconnectedness would:\n  - strengthen the Fund‘s ability, together with the Financial Stability Board, to track systemic risk concentrations;\n  - inform spillover and vulnerability analyses; and\n  - sharpen bilateral and multilateral surveillance."
    },
    {
      "heading": "Publication details and topical coverage",
      "content": "- Publication date: October 4, 2010\n- Subjects: Banks, Cross country analysis, Economic integration, Financial sector, Globalization, International financial system, Nonbank financial sector\n\nUnderstanding Financial Interconnectedness — October 4, 2010\n\n---\n\n Content in this bundle\n\n- Box 1. Switzerland: Mapping the Funds‘ Industry\n  - Box 1. Switzerland: Mapping the Funds‘ Industry (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Box 1. Switzerland: Mapping the Funds‘ Industry (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/understanding-financial-interconnectedness-pp4503"
    }
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    "Published: October 4, 2010",
    "Series: Policy Papers",
    "Seeks to advance understanding of global financial interconnectedness by:",
    "Takes initial steps toward operationalizing enhanced financial sector and macro-financial surveillance called for by the IMF’s Executive Board and by experts such as de Larosiere et al. (2009).",
    "Improved handling of interconnectedness would:",
    "Publication date: October 4, 2010",
    "Subjects: Banks, Cross country analysis, Economic integration, Financial sector, Globalization, International financial system, Nonbank financial sector",
    "**Box 1. Switzerland: Mapping the Funds‘ Industry**"
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      "title": "Box 1. Switzerland: Mapping the Funds‘ Industry",
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