This paper considers the role of country-level opacity (the lack of availability of information) in amplifying shocks emanating from financial centers. We provi

This paper considers the role of country-level opacity (the lack of availability of information) in amplifying shocks emanating from financial centers. We provi

This paper finds that reforms introduced by the IMF to promote transparency have created more informed markets and reduced borrowing costs for those emerging ma

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

Financial stability has continued to improve since the October 2016 Global Financial Stability Report (GFSR). Economic activity has gained momentum, as outlined