This paper presents an assessment of the shift in market risks to the household sector, which results from changes in the behavior of financial institutions and from pension reform. It focuses on household saving and asset allocation behavior and analyzes how such behavior may be affected by...

This paper analyzes aspects of global asset allocation. It examines how different institutional investors follow vastly different procedures when allocating assets, reflecting various time horizons, liability structures, and “cultural backgrounds.” It aims to provide some insight into the...

This paper describes financial stability considerations related to trends in accounting standards. The paper highlights that in recent years, financial stability is generally viewed by authorities as having improved, in large part through more proactive risk management activities by banks and...

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...

This report discusses developments in the international exchange rate and restrictive systems. The period covered by this report is 1986 and, for major developments, the first quarter of 1987. The report highlights that in 1986, protectionist pressures for trade restrictions in the industrial...

Published since 1950, this authoritative, annual reference is based upon a unique IMF database that tracks exchange and trade arrangements for all 186 IMF member countries, along with Hong Kong SAR, Aruba, and the Netherlands Antilles. The Annual Report on Exchange Arrangements and Exchange...

This paper discusses developments in the international exchange rate and restrictive systems. Global output and trade recovered strongly in 1984, as inflation in the industrial countries remained relatively subdued and further progress in developing countries was made in tackling the problem of...

This report describes developments in the international exchange rate and restrictive systems. The period covered by this report is 1985 and, for major developments, the first quarter of 1986. The report highlights that a salient feature of exchange rate developments in 1985 was the weakening of...

Published since 1950, this authoritative annual reference is based upon a unique IMF database that tracks exchange and trade arrangements for the 187 IMF member countries, along with Hong Kong SAR, Aruba, and Curaçao and St Maarten. The Annual Report on Exchange Arrangements and Exchange...

The exchange and trade systems of IMF member countries are presented in this comprehensive volume in a tabular format. There is expanded coverage of the regulatory framework for capital movements. The information generally relates to the end of 1998 but also covers significant developments in...