THEORETICAL PERSPECTIVES ON GLOBAL ECONOMIC STABILITY AND FINANCIAL RISK MANAGEMENT
Keywords:
Global economy, financial risks, economic stability, risk management, macroprudential supervision, diversification, stress testing, financial institutions, policy approaches.Abstract
Theoretical approaches to managing key financial risks that threaten global economic stability are analyzed. Based on the experience of financial crises, the vulnerabilities of economic systems are identified, and the importance of monetary, fiscal, and institutional measures in ensuring stability is substantiated. Modern theories related to identifying, assessing, and managing risks — including macroprudential supervision, stress testing, and diversification strategies — are examined. The role of international financial institutions and national policymakers is analyzed, and directions for strengthening global financial stability are proposed.