Global Financial Stability: What’s Still To Be Done?

2017-04-15T14:10:24-04:00April 18, 2012|

The quest for lasting financial stability is still fraught with risks. The latest Global Financial Stability Report has two key messages: policy actions have brought gains to global financial stability since our September report; but current policy efforts are not enough to achieve lasting stability, both in Europe and some other advanced economies, in particular the United States and Japan.

2011 In Review: Four Hard Truths

2017-04-15T14:14:06-04:00December 21, 2011|

As 2011 draws to a close, the recovery in many advanced economies is at a standstill, with some investors even exploring the implications of a potential breakup of the euro zone, and the real possibility that conditions may be worse than we saw in 2008. Olivier Blanchard, the IMF's Chief Economist, draws four main lessons in his year in review.
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