Growth Slowdown, Precarious Recovery
The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.
Series: Economic Issues
Author(s): Garry Schinasi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 13 January 2006
Keywords: financial stability, financial system, financial institutions, financial markets, financial services, financial instability, financial systems, bond, moral hazard, financial market
Spurred by advances in information and computer technologies, financial liberalization and innovation took off inthe late 1970s. Although the changes in financial markets have been beneficial overall, our understan...