Sentences with phrase «systemic financial shocks»

'' [A] distinction must be drawn between financial disturbances and systemic or potentially systemic financial shocks.

Not exact matches

His work focuses on financial regulation, corporate law, contracts, and cross-border transactions and disputes, and his most recent article, «Boilerplate Shock: Sovereign Debt Contracts as Incubators of Systemic Risk,» examines the role of financial contracts in the Eurozone sovereign debt crisis.

* On an overall basis, the report states that while «global tail risks have diminished (meaning the risk of a systemic shock to the global financial system that could be caused by an event like a sovereign debt default), the global outlook is slightly weaker than projected in October».