Systemic Risk Evaluation
Systemic Risk Evaluation

Summary/Abstract: Financial stability, along with the improvement of stress resistance of financial sector and efficient distribution of resources in the real economy, is important for the sustainable development of the economy. The central bank together with other state institutions supervises financial stability, but this cannot be just a national matter if we consider an open economy. Systemic risk affects the financial stability and this can be defined as a state of being in which systemic risk occurrence is prevented. Identification and proper assessment of systemic risk are the foundation for appropriate macro prudential instrument and progress were made after the financial crises. The paper follows theoretical aspects present in the literature and the enhancement of the practice used for the systemic risk analysis and the insurance of the financial stability in our country.

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