Assessing Systemic Financial Risk in the Age of Digitalization: A Comparative Study Across Global Financial Markets

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v6i1.3559

Bangping Yuan

Shandong Vocational and Technical University of International Studies, Rizhao, Shandong, China

Abstract

The wide application of digital technology has not only changed the way of providing financial services, but also profoundly affected the assessment and management of systemic financial risks. Financial markets in different regions have significant differences in risk sources, transmission mechanisms and coping strategies. The digital era should strengthen global financial regulatory cooperation and enhance the risk management capabilities of financial institutions. Based on this, this paper studies systemic financial risk assessment in the digital age: a comparison of global financial markets for reference.

Keywords

digital age; systematic; financial risk assessment; global financial markets; comparative study

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