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Systemic Risk Evaluation
2019
Academic Journal of Economic Studies
Financial stability, along with the improvement of stress resistance of financial sector and efficient distribution of resources in the real economy, is important for the sustainable development of the economy. The central bank together with other state institutions supervises financial stability, but this cannot be just a national matter if we consider an open economy. Systemic risk affects the financial stability and this can be defined as a state of being in which systemic risk occurrence is
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