01828cas a2200241 a 4500 AALejournalIMF009051 230101c9999 xx r poo 0 0eng d 50.00 USD 9781451939194 1729-701X BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Global Financial Stability Report, April 2006 : Market Developments and Issues - Chapter 2; The Influence of Credit Derivative And Structured Credit Markets on Financial Stability. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (36 pages) Global Financial Stability Report <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the influence of credit derivative and structured credit markets on financial stability. Credit derivative and structured credit markets have grown rapidly in size and complexity in recent years. This paper reviews the growth of the credit derivative, the factors that have influenced their growth, how they have increasingly facilitated risk transfer, and their implications for financial stability. The paper also presents a discussion of policy implications and recommendations concerning these relatively new markets and related challenges. Mode of access: Internet Global Financial Stability Report; Global Financial Stability Report ; No. 2006/003 Full text available on IMF http://elibrary.imf.org/view/books/082/07093-9781451939194-en/07093-9781451939194-en-book.xml IMF e-Library