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International Fiscal-financial Spillovers: The Effect of Fiscal Shocks on Cross-border Bank Lending
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This paper sheds new light on the degree of international fiscal-financial spillovers by investigating the effect of domestic fiscal policies on cross-border ba
Global Financial Stability Report, April 2016
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The current Global Financial Stability Report (April 2016) finds that global financial stability risks have risen since the last report in October 2015. The new
Global Financial Stability Report, April 2013
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The Global Financial Stability Report examines current risks facing the global financial system and policy actions that may mitigate these. It analyzes the key
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The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many
Global Financial Stability Report, April 2012
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The April 2012 Global Financial Stability Report assesses changes in risks to financial stability over the past six months, focusing on sovereign vulnerabilitie