FİNANSAL KIRILGANLIK KAVRAMINA GENEL BİR BAKIŞ VE DEĞERLENDİRME
A GENERAL OVERVIEW AND ASSESSMENT OF THE CONCEPT OF FINANCIAL FRAGILITY

Summary/Abstract: Finance refers to the money, cash, or more generally, funds that individuals or institutions require. The financial system is a structure comprising fund providers, fund seekers, financial intermediaries that act as a bridge between fund providers and fund seekers, financial instruments, and the legal and administrative framework. Financial markets are environments where fund supply and demand meet and where exchange and price mechanisms are formed. The healthy functioning of financial markets requires financial stability and soundness. One factor that negatively affects the healthy functioning of these markets is financial fragility. The term financial fragility is used to describe the sensitivity of the financial system to large-scale financial crises caused by small, routine economic shocks. This study attempts to present a theoretical framework on financial fragility and the factors that influence it.

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