Serkan Arslanalp is Senior Economist in the Debt and Capital Markets Instruments Division of the IMF’s Monetary and Capital Markets Department. He contributes to the Global Financial Stability Report on issues related to sovereign risk, financial stability, and capital markets. His most recent country assignment was Japan, where he was responsible for banking sector stress tests for the Japan Financial Sector Assessment Program. Previously, he was a fiscal economist working on a range of program and surveillance countries in the IMF’s Fiscal Affairs Department. He holds an undergraduate degree in Economics from the Massachusetts Institute of Technology and a Ph.D in Economics from Stanford University.