Russian
Global Financial Stability Report
Risk
Taking, Liquidity, and Shadow Banking: Curbing Excess While
Promoting Growth
October 2014
The October 2014 Global Financial Stability
Report (GFSR) finds that six years after the start
of the crisis, the global economic recovery
continues to rely heavily on accommodative monetary
policies in advanced economies. Monetary
accommodation remains critical in supporting the
economy by encouraging economic risk taking in the
form of increased real spending by households and
greater willingness to invest and hire by
businesses. However, prolonged monetary ease may
also encourage excessive financial risk taking.
Download
Full Text
(PDF)
Contents
|