Studies on Russian Economic Development

, Volume 24, Issue 4, pp 366–373 | Cite as

Role of systemic risks in the formation, transmission, and exacerbation of economic instability

  • A. K. Mansurov
Financial Problems
  • 43 Downloads

Abstract

Mechanisms contributing to the aggregation of systemic risks in economic systems, as well as their transmission channels at national and global levels, are considered in the paper. The advantages and disadvantages of different approaches to regulating systemic risks are discussed. The author emphasizes the necessity of differentiated approaches to the regulation of financial organizations, depending on the latter’s systemic importance, and the role of counter-cyclical instruments for stabilizing financial market fluctuations.

Keywords

Financial Organization Systemic Risk RUSSIAN Economic Development Stock Option Financial Intermediary 

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Copyright information

© Pleiades Publishing, Ltd. 2013

Authors and Affiliations

  • A. K. Mansurov
    • 1
  1. 1.Institute of Economic ForecastingRussian Academy of SciencesMoscowRussia

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