This report assesses key issues in global financial market developments with a view to identifying systemic vulnerability. By calling attention to fault lines in the global financial system,
the report seeks to play a role in preventing crises, and offers policy advice to contribute to global financial stability and to sustained economic growth of the IMF’s member countries.
Chapters cover the risks to global financial stability, issues of valuation and disclosure in structured finance, and market and funding illiquidity. The report reflects information available
up to March 21, 2008. A glossary and statistical appendix are included. Annotation ©2008 Book News, Inc., Portland, OR (booknews.com)