The report shows that global financial stability has registered some improvements attributable to better macroeconomic and continued accomodative macroeconomic policy, but fragilities remain. The economic recovery seems to be modest in advanced economies and robust in emerging economies, hence it has posed different policy challenges for countries. Policymakers in advanced economies are faced with the challenge to shift the balance from reliance macroeconomic and liquidity support to more structural policies. Emerging economies on the other hand have to make every effort to limit overheating and buildup of vunerabilities. Click here to access the report.