Systemic risk

In general, the threat to the functioning of the international financial system, especially as a result of uncontrollable chain reactions of devaluation speculation or, as in the wake of the subprime crisis, as a result of loss of confidence and the resulting bank failures. – In particular, the risk that – as a result of the inability of one participant within a payment system to meet its obligations, or – due to errors in the system itself, other participants in other areas of the financial system may also run into difficulties. – See supervision, macroprudential, Financial Stability Board, domino effect, event risk, financial market interdependence, herd behavior, crisis, systemic, risk, risk mitigation techniques, extended, Single European Payment Area (SEPA), subprime crisis, systemic risk, submarine effect, confidence. – Cf. Deutsche Bundesbank Monthly Report of January 2004, p. 30 f., BaFin Annual Report 2004, p. 19 (hedge funds as possible triggers), Deutsche Bundesbank Monthly Report of April 2013, p. 41 ff. (macroprudential supervision in Germany: detailed account, important notes in the comments), Financial Stability Report 2013, p. 104 (liquidity provision requirements).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
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https://www.gerhardmerk.de/