systemic

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systemic

Physiol (of a poison, disease, etc.) affecting the entire body
References in periodicals archive ?
It argues that [DELTA]CoVaR and MES are measures of systemic risk because there is a high correspondence between large financial institutions with large MES and [DELTA]CoVaR estimates immediately prior to the crisis, and institutions that subsequently required extensive government capital injections or failed.
One reason that banks are susceptible to systemic risk is the interbank lending market, where risk is strongly concentrated due to a network of very short-term, bilateral exposures.
Ian Goldin, Director of the Oxford Martin School, Professor of Globalization and Development at the University of Oxford, and Vice-Chair of the Oxford Martin Commission for Future Generations, is the co-author of The Butterfly Defect: How Globalization Creates Systemic Risks, and What to Do about It.
The recent financial crisis and the difficulty of using mainstream macroeconomic models to accurately monitor and assess systemic risk have stimulated new analyses of how we measure economic activity and the development of more sophisticated models in which the financial sector plays a greater role.
Chairman Bernanke's July 21, 2011, testimony reflects just how far the United States' management of banking sector systemic risk has evolved over the course of the twentieth century.
International insurance regulators through the IAIS have concluded again that neither the short nor long-term experience of insurance markets, including during the global financial crisis, provides any evidence that traditional insurance generates or transmits systemic risk in the financial system or the real economy.
With that in mind, we continue to examine the scope of our authorities and resources to ensure that systemic risk does not emanate from activities within our purview," Nelson adds.
Before opening debate on the purpose and design of a systemic risk model, the fundamental question is whether we should try to eliminate financial risk completely, discarding risk management models in vogue, as they have not served their purpose during times of crises.
In pursuance of SBP Vision 2020, it has committed to strengthen its financial stability regime to identify and manage systemic risks arising from within and outside the country's financial system, said the Bank.
The International Monetary Fund has identified gaps in Canada's ability to monitor and deal with systemic risk in its financial system.
The Fiscal Council said the government decision to increase the compensation to provident funds that lost money in the 2013 banking crisis may be a precedent that could encourage other groups to make similar demands and increase the systemic risk.
5000, or An Act Providing for the Regulation and Supervision of Payment Systems, recognizes the payment system as an important component of the countrys financial infrastructure and mandates the government, through the Bangko Sentral ng Pilipinas (BSP), to promote its high-quality operation in order to control systemic risk and provide an environment conducive to the sustainable growth of the economy.

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