Overview

This March 2003 issue of the Global Financial Stability Report highlights that the supportive stance of monetary policy in the major economies, coupled with more risk-averse behavior by both institutional and retail investors, has contributed to a sizable buildup of cash positions. A partial mobilization of these cash positions in the fourth quarter of 2002 helped fuel a short-lived stock market rally, led to a narrowing of credit spreads on mature and emerging bonds, and contributed to an increase in flows to emerging market borrowers.

ISBN-13

9781589062108

ISBN-10

1589062108

Weight

1.25 Pounds

Dimensions

8.25 x 0.25 x 10.50 In

List Price

$50.00

Format

Paperback

Language

English

Pages

162 pages

Publisher

Intl Monetary Fund

Published On

2003-03-26



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