Titlebook: Coping with Financial Fragility and Systemic Risk; Harald A. Benink (Assistant Professor of Finance, Book 1995 Springer Science+Business

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Kant on Reason and Justified Belief in Godility of payments systems, especially the wholesale large-value systems, to systemic risk and other problems. Systemic risk—the likelihood that a problem in one institution will cause the insolvency of healthy institutions—through runs, the creation of liquidity problems, or other forces, has been a major policy focus..