Systemic Financial Risk : An Emerging Market Perspective

Part I. New Trends in International Financial Development and Risk Assessment -- Chapter 1. Adapted Approaches to Measuring Financial Development Konstantin Krinichansky -- Chapter 2. Green Finance: Trends, Prospects and Risks Svetlana Pertseva , Anna Vityazeva -- Chapter 3. Dynamic BRICS Stock Market Linkages as a Channel of Systemic Risk Transmission: Evidence from the Asymmetric Connectedness Approach Onur Polat -- Chapter 4. Household Income and Financial Stability of the Russian Banking Sector Olga Miroshnichenko, Maria Vyshkovskaia, Valeriy Gamukin -- Chapter 5. The impact of ESG rating on companies' resilience to systemic risks Alexandra Egorova, Herman Petrov-Nerling -- Part II. Quantitative Methods and Models in Emerging Markets’ Risk Management -- Chapter 6. New Ways of Measuring Catastrophic Risk Vigen Minasyan -- Chapter 7. Measuring Market Liquidity and Liquidity Mismatches across Sectors Artur Akhmetov, Anna Burova, Natalia Makhankova, and Alexey Ponomarenko -- Chapter 8.The Impact of Macroeconomic Factors on Capital Adequacy of the Russian Banking Sector in the Context of Countercyclical Banking Regulation Olga Miroshnichenko, Maria Vyshkovskaia -- Chapter 9. Assessing the Probability of Default during the COVID-19 Pandemic: the case of airlines Elizaveta Markovskaya, Elena Smolina -- Part III. New Challenges in Systemic Risk Assessment and Regulation -- Chapter 10. Macroprudential Policy: Tools and Evaluation of the Effectiveness of Measures for Systemic Risks Management Ekaterina Seryakova -- Chapter 11. Financial Resolution of Banks in Distress: International Evidence Nataliya Kovaleva, Oksana Petrova -- Chapter 12. Digital Systemic Financial Risks in the Russian Banking Sector Sergey Dubinin -- Conclusion .