Download or read book OECD Reviews of Risk Management Policies Systemic Financial Risk written by OECD and published by OECD Publishing. This book was released on 2012-06-26 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyses the results of simulations using an agent based model of financial markets to show how excessive levels of leverage in financial markets can lead to a systemic crash.
Download or read book OECD Reviews of Risk Management Policies Social Unrest written by Jovanoviæ Aleksandar S. and published by OECD Publishing. This book was released on 2012-08-10 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report develops a framework for analysing social unrest within a complex understanding of systemic risk, identifying triggers and drivers for the emergence of social unrest and, based on this functional analysis, to design policy options for dealing with it.
Download or read book OECD Reviews of Risk Management Policies Future Global Shocks Improving Risk Governance written by OECD and published by OECD Publishing. This book was released on 2011-08-04 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides strategic advice on preparing for and responding to potential global shocks.
Download or read book Systemic financial risk written by Stefan Thurner and published by . This book was released on 2012 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Reviews of Risk Management Policies Social Unrest written by Jovanovic Aleksandar S. and published by OECD Publishing. This book was released on 2012-08-31 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report develops a framework for analysing social unrest within a complex understanding of systemic risk, identifying triggers and drivers for the emergence of social unrest and, based on this functional analysis, to design policy options for dealing with it.
Download or read book OECD Reviews of Risk Management Policies Assessing Global Progress in the Governance of Critical Risks written by OECD and published by OECD Publishing. This book was released on 2018-11-27 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: The successful governance of critical risks is a strategic investment in preserving economic competitiveness and sustainable growth and in ensuring safer and better lives for the future. Citizens and businesses expect governments to be prepared for a wide range of possible crises and global ...
Download or read book OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk written by OECD and published by OECD Publishing. This book was released on 2010-04-09 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents recent OECD papers on risk and regulatory policy. They offer measures for developing, or improving, coherent risk governance policies.
Download or read book Boosting Resilience Through Innovative Risk Governance written by Organisation for Economic Co-operation and Development and published by OCDE. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines what countries have achieved in terms of strengthening resilience through better risk management and identifies persisting challenges. It focuses on the importance of creating an institutional environment that engages all stakeholders and allows them to build resilience against future shocks. This report has contributed to the development of the OECD Recommendation on the Governance of Critical Risks.
Download or read book The Financial Crisis Reform and Exit Strategies written by OECD and published by OECD Publishing. This book was released on 2009-09-16 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis required governments to make massive interventions in their financial systems. This book sets out priorities for reforming incentives in financial markets as well as for phasing out these emergency measures.
Download or read book Systemic Financial Risk written by Organisation for Economic Co-operation and Development and published by . This book was released on 2012-07-05 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyses the results of simulations using an agent based model of financial markets to show how excessive levels of leverage in financial markets can lead to a systemic crash. Investors's overload on risky assets betting more than they have to gamble creating a tremendous level of vulnerability in the system as a whole. Plummeting asset prices render banks unable or unwilling to provide credit as they fear they might be unable to cover their own liabilities due to potential loan defaults. Whether an overleveraged borrower is a sovereign nation or major financial institution, recent history illustrates how defaults carry the risk of contagion in a globally interconnected economy. The resulting slowdown of investment in the real economy impacts actors at all levels, from small businesses to homebuyers. Bankruptcies lead to job losses and a drop in aggregate demand, leading to more businesses and individuals being unable to repay their loans, reinforcing a downward spiral that can trigger a recession, depression or bring about stagflation in the real economy. This can have a devastating impact not only on economic prosperity across the board, but also consumer sentiment and trust in the ability of the system to generate long-term wealth and growth.
Download or read book Managing Climate Risks Facing up to Losses and Damages written by OECD and published by OECD Publishing. This book was released on 2021-11-01 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report addresses the urgent issue of climate-related losses and damages. Climate change is driving fundamental changes to the planet with adverse impacts on human livelihoods and well-being, putting development gains at risk.
Download or read book Financial Management of Flood Risk written by OECD and published by OECD Publishing. This book was released on 2016-07-29 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disasters present a broad range of human, social, financial, economic and environmental impacts, with potentially long-lasting effects. This report applies the lessons from the OECD’s analysis of disaster risk financing practices and its risk guidance to the specific case of floods.
Download or read book Systemic Financial Risk written by Alexander Karminsky and published by Palgrave Macmillan. This book was released on 2024-05-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an analysis of various sources and forms of systemic financial risk. It focuses on the most pressing research questions for both advanced and emerging market economies, including green finance, ESG agenda and related risks, international financial connectivity across countries and financial institutions, and catastrophic risks modeling. Part 1 considers emerging research issues in risk assessment and management, including new approaches to measuring financial development, trends and prospects of green finance, and cross-country financial spillovers. Part 2 casts a more nuanced look at the quantitative models and methods adopted in risk assessment and risk management, putting such issues as measuring catastrophic risks, liquidity mismatches as well as modeling probabilities of default and the impact of macroeconomic fundamentals on capital adequacy ratios in the Russian banking sector in the spotlight. Finally, Part 3 discusses the new regulatory challenges dealing with risk assessment and risk management, such as macroprudential policies which have proved efficient to mitigate systemic risk are investigated. The book offers a comprehensive picture of the challenges which emerging market economies are facing in the field of financial risk assessment and management. Specifically, the challenges are discussed in the context of elaborated models and policy responses, which are based on the up-to-date theoretical contributions and empirical evidence from various fields, making the book relevant to professors, researchers, graduate students, and practitioners of risk management, international finance, and financial services.
Download or read book Managing Climate Risk in the U S Financial System written by Leonardo Martinez-Diaz and published by U.S. Commodity Futures Trading Commission . This book was released on 2020-09-09 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742
Download or read book OECD Reviews of Risk Management Policies Boosting Resilience through Innovative Risk Governance written by OECD and published by OECD Publishing. This book was released on 2014-05-30 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines what countries have achieved in terms of strengthening resilience through better risk management and identifies persisting challenges.
Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book Bank Size and Systemic Risk written by Mr.Luc Laeven and published by International Monetary Fund. This book was released on 2014-05-08 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proposed SDN documents the evolution of bank size and activities over the past 20 years. It discusses whether this evolution can be explained by economies of scale or “too big to fail” subsidies. The paper then presents evidence on the extent to which bank size and market-based activities contribute to systemic risk. The paper concludes with policy messages in the area of capital regulation and activity restrictions to reduce the systemic risk posed by large banks. The analysis of the paper complements earlier Fund work, including SDN 13/04 and the recent GFSR chapter on “too big to fail” subsidies, and its policy message is in line with this earlier work.
