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NOMISMA
Read history Money history: the world and JapanBubbles, frauds and financial crisesPeople who changed moneyReadingsSee all of Read history
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BIBLIOGRAPHY

What is systemic risk?

Bank of Japan (Tell me! Nichigin)

Claims Supported by This Source

  1. Systemic risk = The risk that the failure of an individual financial institution to meet its payment obligations, or a disruption in a market or settlement system, could spread to other parts of the financial system.
  2. A non-payment at one location spreads like a domino effect through the settlement network (example of 10 billion yen).

How to read the verification levels. 'Read' means the material was read in its entirety. 'Bibliography and abstract confirmed' means the bibliographic information and abstract were verified. 'Via course material' means the source was referenced through the main text of a book or a country's monetary history. The text hash is the SHA-256 of the main text from the original source page, excluding tags and whitespace, used to detect if the material has been altered.