Global financial stability report (GFSR) – risk taking, liquidity, and shadow banking: curbing excess while promoting growth published by IMF (10/2014). “The GFSR finds that six years after the start of the crisis, the global economic recovery continues to rely heavily on accommodative monetary policies in advanced economies…” The chapters are available: 1) Improving the balance between financial and economic risk taking; 2) Shadow banking around the globe: How large, and how risky? 3) Risk taking by banks: The role of governance and executive pay.
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