The april 2014 global financial stability report gfsr assesses the challenging transitions that the global financial system is currently undergoing on the path to greater stability chapter 1 finds that these transitions are far from complete and stability conditions are far from normal for advanced and emerging market economies alike a successful shift from liquidity driven to growth driven markets requires a number of elements the report discusses these elements including a . World economic and financial surveys global financial stability report moving from liquidity to growth driven markets april 2014 international monetary fund c2014 international monetary fund cataloging in publication data joint bank fund library global financial stability report washington dc international monetary fund 2002 v cm world economic and financial surveys 0258 . The april 2014 global financial stability report finds that despite much progress the global financial system remains in a transitional period with stability conditions far from normal advanced and emerging market economies alike need to make a successful shift from liquidity to growth driven markets which will require a number of elements including a normalization of us monetary policy financial rebalancing in emerging markets further progress in the euro area integration and . Summary the april 2014 global financial stability report finds that despite much progress the global financial system remains in a transitional period with stability conditions far from normal advanced and emerging market economies alike need to make a successful shift from liquidity to growth driven markets which will require a number of elements including a normalization of us . The april 2014 global financial stability report finds that despite much progress the global financial system remains in a transitional period with stability conditions far from normal advanced and emerging market economies alike need to make a successful shift from liquidity to growth driven markets which will require a number of elements including a normalization of us monetary