Global Financial Stability Report, September 2002 : Market Developments and Issues.

This September 2002 issue of the Global Financial Stability Report highlights that during the second quarter of 2002, a sharp erosion of investor confidence heightened risk aversion and growing concerns about the strength and durability of the global recovery. The pace and quality of corporate earni...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund. Monetary and Capital Markets Department
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2002.
Series:Global Financial Stability Report; Global Financial Stability Report ; No. 2002/003
Acceso en liña:Full text available on IMF
Descripción
Summary:This September 2002 issue of the Global Financial Stability Report highlights that during the second quarter of 2002, a sharp erosion of investor confidence heightened risk aversion and growing concerns about the strength and durability of the global recovery. The pace and quality of corporate earnings had repercussions in all of the major equity, credit, and foreign exchange markets. Market adjustments occurred against the background of the bursting of the telecom, media, and technology bubble, which exposed a culture of irrational exuberance, and sometimes greed, among many buyers, sellers, and intermediaries.
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Descrición Física:1 online resource (78 pages)
Formato:Mode of access: Internet
ISSN:1729-701X
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students