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| Definition: |
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The assessment and monitoring of the strengths and vulnerabilities of financial systems. It encompasses quantitative information from both FSIs and macroeconomic indicators that provide (1) a broader picture of economic and financial circumstances such as GDP growth and inflation, along with information on the structure of the financial system, and (2) qualitative information on the institutional and regulatory framework—particularly through assessments of compliance with international financial sector standards and codes—and the outcome of stress tests.
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| Source
Publication: |
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IMF, 2004, Compilation Guide on Financial Soundness Indicators, IMF, Washington DC, Appendix VII, Glossary.
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| Statistical
Theme: Financial statistics |
| Created
on Thursday, August 26, 2004 |
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