Ryzyko systemowe – teoria i analiza przyczyn
Systemic risk − theory and analysis of reasons
Author(s): Renata KarkowskaSubject(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.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2012
- Issue No: 246
- Page Range: 160-169
- Page Count: 10
- Language: Polish