Systemic risk − theory and analysis of reasons Cover Image

Ryzyko systemowe – teoria i analiza przyczyn
Systemic risk − theory and analysis of reasons

Author(s): Renata Karkowska
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: systemic risk; infecting effect; moral hazard; risk factors

Summary/Abstract: Modern financial intermediaries are related to each complex network of trading systems, financial obligations, because the collapse of one financial institution could threaten the occurrence of the domino effect. This article shas a review character of the causes of systemic risk and its growth factors. The article’s aim is to identify the causes of risk and to characterize the individual factors of its development, i.e. macroeconomic, infrastructure, liberalization of capital movements, or the development of innovative financial instruments.

  • Issue Year: 2012
  • Issue No: 246
  • Page Range: 160-169
  • Page Count: 10
  • Language: Polish
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