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global financial stability report (GFSR) A report developed and published by the International Monetary Fund. The report is issued twice per year and provides updates on current economic conditions and financial markets worldwide. Topics covered may include systemic risk assessments, debt management, emerging markets, and current crises that impact the global financial picture.
The crisis has underscored the costs of systemic instability at both the national and the. global levels and highlighted the need for dedicated macroprudential policies to. achieve financial stability. Building on recent advances, this paper provides a framework. to inform the IMFâs country-specific advice on macroprudential policy.