Saturday , September 21 2019
Home / Tag Archives: Financial Crisis

Tag Archives: Financial Crisis

Chart of the WeekMapping the World’s Financial Weak Spots

By IMFBlog Español, Português Where will the next financial crisis come from? The short answer is: We don’t know. We can, however, look for vulnerabilities in the system that, if left untreated, can develop into problems. What do we mean by a vulnerability? It is an area of weakness that can amplify and spread an unexpected economic shock, increasing the level of risk to the financial system. Imagine the impact of an earthquake on a house built on sand, as opposed to bedrock. In the...

Read More »

Building Defenses Against the Next Economic Downturn

By David Lipton عربي, Français,  日本語, Русский The global economy faces a number of complex challenges from technological change and globalization, and the lingering effects of the 2008-9 financial crisis. At the same time, we are witnessing lower levels of trust in the core institutions that have helped to deliver tremendous growth and prosperity over the past 40 years. These developments threaten to fragment the international order that has governed the global economy. History suggests...

Read More »

Chart of the Week: Grading the G-20 on its Growth Goals

By Helge Berger and Margaux MacDonald November 19, 2018  Español, Português Growth is stronger in the G-20 but progress toward more balanced, sustainable, and inclusive growth is slow (photo: Egon Bömsch imageBROKER/Newscom) This blog is dedicated to the memory of Giang Ho, an IMF economist who died suddenly this past August. Her efforts and ingenuity were critical to carrying out this analytical work. We miss her and will never forget her.  How close has the Group of Twenty...

Read More »

Sounding the Alarm on Leveraged Lending

By Tobias Adrian, Fabio Natalucci, and Thomas Piontek November 15, 2018 A drilling crew member raises a pipe on an oil rig in Texas: Energy is among the industries in which leveraged lending is most prevalent, along with telecommunications, health care, and technology (photo: Nick Oxford/Reuters/Newscom) We warned in the most recent Global Financial Stability Report that speculative excesses in some financial markets may be approaching a threatening level. For evidence, look no further...

Read More »

The Wealth of Nations: Governments Can Better Manage What They Own and Owe

By Vitor Gaspar, Jason Harris, and Alexander Tieman October 10, 2018 A firefighter in Auckland, New Zealand: when governments know what they own they can put their assets to better use and can earn about 3 percent of GDP more in revenues to spend on citizens’ well being (Photo: Rafael Ben-Ari/Newscom) What is the state of your personal finances? You probably think first about your debts: your mortgage, your credit card balance, and your student loans. But you probably also think about...

Read More »

The Financial System Is Stronger, but New Vulnerabilities Have Emerged in the Decade Since the Crisis

By Tobias Adrian October 10, 2018 عربي, 中文, Español, Français, Português, Русский Debt owed by governments, companies and households in economies with globally systemically important financial sectors has risen since the global financial crisis (Photo: Richard B. Levine/Newscom) Although the global expansion has plateaued, easy monetary policies continue to support growth. But we shouldn’t rest too easily. Chapter 1 of the latest Global Financial Stability Report finds that short-term...

Read More »

A Decade After Lehman, the Financial System Is Safer. Now We Must Avoid Reform Fatigue

By Adolfo Barajas, Claudio Raddatz, and James P. Walsh October 3, 2018 A ticker in New York’s Times Square flashes the news of the collapse of Lehman Brothers on September 15, 2008: In the decade since, the financial sector has  strengthened considerably, but the reform agenda remains incomplete (Photo: Joshua Lott/Reuters/Newscom) In the decade since the collapse of US investment bank Lehman Brothers sparked the most severe economic crisis since the Great Depression, regulation and...

Read More »

Ten Years After Lehman—Lessons Learned and Challenges Ahead

By Christine Lagarde September 5, 2018 عربي, Español, 中文, Français, 日本語, Português, Русский A trader on the New York Stock Exchange the day US investment bank Lehman Brothers filed for bankruptcy: the global crisis that followed is a defining moment of our time (Photo: Nancy-Kaszerman/ZUMA Press/Newscom) The global financial crisis remains one of the defining events of our time. It will forever mark the generation that lived through it. The fallout from the crisis—the heavy economic...

Read More »

Addressing Global Imbalances Requires Cooperation

By Maurice Obstfeld July 24, 2018  Versions in Español, Português Shoppers in London, United Kingdom: excess deficits remain in some advanced economies (photo: Toby Melville). Excess imbalances remain generally unchanged, increasingly concentrated in advanced economies. Their persistence is fueling trade tensions among countries. The configuration of imbalances does not pose an imminent danger. Yet, if unaddressed, it could threaten global stability down the road. We have...

Read More »

The Global Expansion: Still Strong but Less Even, More Fragile, Under Threat

By Maurice Obstfeld July 16, 2018 Versions in عربي, Baˈhasa indoneˈsia, 中文, Español, Français, 日本語, Português, Русский  The escalation of trade tensions is the greatest near-term threat to global growth (photo: wildpixel/Getty Images by iStock) Amid rising tensions over international trade, the broad global expansion that began roughly two years ago has plateaued and become less balanced. In our latest World Economic Outlook Update, we continue to project global growth rates of just...

Read More »