Fabio Natalucci, deputy director of the monetary and capital markets department at the International Monetary Fund, joins Patricia Haas Cleveland, US principal at OMFIF, to discuss the IMF’s global financial stability report, ‘Vulnerabilities in a Maturing Credit Cycle.’ They cover corporate sector debt in advanced economies, the sovereign-financial sector in the euro area, and the benefits of inflows with regards to susceptibility to global markets in emerging economies. Further topics include China’s trade off between credit creation to support growth, and a build-up of vulnerabilities in the medium-term.

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