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国际货币基金组织(IMF):2023全球金融稳定报告(4月刊)(英文版)(页).pdf

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全球金融稳定报告

1、GLOBALFINANCIALSTABILITYREPORTSafeguarding Financial Stability amid High Inflation and Geopolitical Risks2023APRINTERNATIONAL MONETARY FUNDGLOBALFINANCIALSTABILITYREPORTSafeguarding Financial Stability amid High Inflation and Geopolitical Risks2023APRINTERNATIONAL MONETARY FUND2023 International Mon

2、etary FundCover and Design:IMF CSF Creative Solutions DivisionComposition:Absolute Service,Inc.;and AGS,An RR Donnelley CompanyCataloging-in-Publication DataIMF LibraryNames:International Monetary Fund.Title:Global financial stability report.Other titles:GFSR|World economic and financial surveys,025

3、8-7440Description:Washington,DC:International Monetary Fund,2002-|Semiannual|Some issues also have thematic titles.|Began with issue for March 2002.Subjects:LCSH:Capital marketStatisticsPeriodicals.|International financeForecastingPeriodicals.|Economic stabilizationPeriodicals.Classification:LCC HG4

4、523.G557ISBNs:979-8-40023-324-1(paper)979-8-40023-329-6(ePub)979-8-40023-326-5(web PDF)Disclaimer:The Global Financial Stability Report is a survey by the IMF staff published twice a year,in the spring and fall.The report draws out the financial ramifications of economic issues highlighted in the IM

5、Fs World Economic Outlook.The report was prepared by IMF staff and has benefited from comments and suggestions from Executive Directors following their discussion of the report on March 30,2023.The views expressed in this publication are those of the IMF staff and do not necessarily represent the vi

6、ews of the IMFs Executive Directors or their national authorities.Recommended citation:International Monetary Fund.2023.Global Financial Stability Report:Safeguarding Financial Stability amid High Inflation and Geopolitical Risks.Washington,DC,April.Please send orders to:International Monetary Fund,

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本文主要讨论了全球金融稳定报告,重点关注了自2022年10月以来全球金融系统面临的挑战。主要内容包括: 1. 硅谷银行和纽约签名银行的突然倒闭以及瑞士信贷的市场信心丧失,提醒了货币政策收紧与金融脆弱性积累之间的相互作用。 2. 政策制定者采取果断措施缓解了系统性风险,但市场情绪依然脆弱,许多机构和市场仍存在压力。 3. 尽管自全球金融危机以来监管改革增强了金融系统的韧性,但最近的事件是否预示着更多系统性压力,还是仅仅是对更紧缩的货币和金融条件挑战的孤立反映,仍是一个问题。 4. 银行部门面临的主要风险包括利率和流动性风险管理不善,以及非银行金融中介机构(NBFIs)的脆弱性。 5. 家庭和企业在疫情期间积累的缓冲区正在恶化,使他们更容易受到违约风险的影响。 6. 大型新兴市场国家目前避免了不利的外溢效应,但如果金融压力加剧,可能会引发资本外流。 7. 通胀和利率可能在未来较长一段时间内保持较高水平,这对资产价格、资产配置和近期出现的脆弱性的解决具有深远影响。
硅谷银行和纽约签名银行倒闭对全球金融稳定有何影响? 瑞士信贷危机对全球金融市场有何影响? 当前全球金融稳定面临哪些主要风险?
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