New Release: GFSR, September 2011: IMF eLibrary

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New Release: GFSR, September 2011

September 21, 2011

View the Global Financial Stability Report, September 2011: Grappling with Crisis Legacies. The September 2011 Global Financial Stability Report cautions that the risks to global financial stability have increased substantially in recent months, during which heavy public debt burdens and weak growth prospects in many advanced economies combined with a series of shocks to the global financial system. Emerging markets, despite brighter growth prospects, face the risk of sharp reversals and so must guard against the buildup of financial vulnerabilities. Moreover, as the crisis has moved into its fifth year, it has entered a new phase in which political differences within and across economies are impeding progress to address the legacies of the crisis.