Global Financial Stability Report, October 2010 [electronic resource] : Sovereigns, Funding, and Systemic Liquidity.

By: International Monetary Fund. Monetary and Capital Markets DepartmentMaterial type: TextTextSeries: Global Financial Stability Report; Global Financial Stability ReportPublication details: Washington, D.C. : International Monetary Fund, 2010Description: 1 online resource (213 p.)ISBN: 158906948X :ISSN: 1729-701XSubject(s): Banking | Bond | Credit Rating | Credit Ratings | Financial Stability | Japan | United StatesAdditional physical formats: Print Version:: Global Financial Stability Report, October 2010 : Sovereigns, Funding, and Systemic LiquidityOnline resources: IMF e-Library | IMF Book Store Abstract: The global financial system is still in a period of significant uncertainty. Although the ongoing recovery is expected to gradual strengthen balance sheets, progress toward stability has experienced a setback since the April 2010 GFSR. As discussed in this October 2010 report, policymakers in many advanced countries need to confront the interactions created by slow growth, rising sovereign indebtedness, and still fragile financial institutions by addressing legacy problems in the banking system, strengthening the fundamentals of sovereign and bank balance sheets, and clarifying regulatory reforms.
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The global financial system is still in a period of significant uncertainty. Although the ongoing recovery is expected to gradual strengthen balance sheets, progress toward stability has experienced a setback since the April 2010 GFSR. As discussed in this October 2010 report, policymakers in many advanced countries need to confront the interactions created by slow growth, rising sovereign indebtedness, and still fragile financial institutions by addressing legacy problems in the banking system, strengthening the fundamentals of sovereign and bank balance sheets, and clarifying regulatory reforms.

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