1 “... excess imbalances over the medium term. Chapter 2 analyzes how the unprecedented fiscal support provided...”

2 “... to the crisis and for reducing excess imbalances over the medium term. Chapter 2 analyzes the relationship...”

3 “... focuses on current conditions in global Financial markets, analyzing Financial imbalances and structural...”

4 “... focuses on current conditions in global Financial markets, analyzing Financial imbalances and structural...”

5 “... focuses on current conditions in global Financial markets, analyzing Financial imbalances and structural...”

6 “... financing risks from the current configuration of external imbalances are generally contained, as debtor...”

7 “.... Macroprudential policy is used to identify and reduce financial risks and limit financial imbalances. This policy...”

8 “... on current conditions in global financial markets, highlighting issues of financial imbalances, and of a...”

9 “... on current conditions in global financial markets, highlighting issues of financial imbalances, and of a...”

10 “... on current conditions in global financial markets, highlighting issues of financial imbalances, and of a...”

11 “... on current conditions in global financial markets, highlighting issues of financial imbalances, and of a...”

12 “... policy seeks to contain the buildup of macrofinancial imbalances associated with credit booms and asset...”

13 “... weaknesses that led to the accumulation of imbalances in the banking system in the period leading...”

14 “... to be fueled by large and widening bilateral trade imbalances, persistently high levels of unemployment, and a...”

15 “... buffers to deal with potential shocks, but significant financial imbalances have also built up since...”

16 “.... Imbalances in the housing market, banks’ concentrated exposures to the dairy sector, and their high reliance...”

17 “... banking sector is generally well prepared to cope with possible external shocks, but imbalances have built...”

18 “... financial markets, highlighting issues of financial imbalances, and of a structural nature, that could pose...”

19 “... financial markets, highlighting issues of financial imbalances, and of a structural nature, that could pose...”

20 “... imbalances—remain substantial, posing financial stability concerns. Major deposit-taking institutions would...”