The October 2012 Global Financial Stability Report (GFSR) finds increased risks to the Global Financial System, with the Euro area crisis the principal source of concern. The report urges policy makers to act now to restore confidence, reverse capital flight and re-integrate the eurozone. The GFSR also examines whether the regulatory reforms are moving the financial system in the right direction, and finds that progress has been limited, mainly because many reforms are in the early stages of implementation and partly because crisis intervention methods are still in use in a number of economies. The finalised chapter assesses whether certain aspects of financial structure enhance economic outcomes.