Tracking global capital flows, the
GFSR
aims to deepen understanding of global capital flows, which play a critical role as an engine of world economic growth. It focuses on current conditions in global financial markets, highlighting issues of financial imbalances, and of a structural nature, that could pose risks to financial market stability and sustained market access by emerging market borrowers.As a relatively frequent assessment of global financial markets and emerging market financing in a global context, the
GFSR
focuses on relevant contemporary issues, not attempting to be a comprehensive survey of all potential risks. It also regularly contains special features on structural or systemic issues relevant to international financial stability.Along with the IMF’s semiannual
World Economic Outlook , the
GFSR
is a key vehicle for communicating the IMF’s multilateral surveillance. The
GFSR
also draws out the financial ramifications of economic imbalances highlighted by the IMF’s
World Economic Outlook , making it an indispensable companion publication.