Abstract
Financial stability is a condition in which the financial system smoothly fulfil its functions. This state can only be reached when its components including the key financial markets and the financial institutional system, especially banking sector, as well as financial infrastructure achieve stability and soundness. Since the 2008 global financial crisis, policy makers have recognized the negative effects of crisis and emphasised the importance of financial stability measurement in the form of quantitative indicators or set of indicators. Currently, Vietnam has started to construct financial stability reports, using separate indicators for selected sectors. However, the set of indicators are cumbersome and difficult to assess the actual financial stability in a simple and comprehensive way. This article will focus on the actual performance of Vietnam’s financial system, especially the current measures of financial stability in Vietnam, thereby proposing to develop an aggregate financial stability index to assess financial stability of Vietnam easilier by a single indicator.
Keywords: Financial stability, single aggregate financial stability index, measures of financial stability.
JEL classification: G; G17
Để đọc toàn văn vui lòng nhấn vào xem chi tiết.
Ban biên tập Tạp chí Kinh tế & Quản trị Kinh doanh
Phòng 514, Nhà điều hành, trường Đại học Kinh tế & Quản trị Kinh doanh
Địa chỉ: Phường Tân Thịnh, thành phố Thái Nguyên
Email: tapchikt-qtkd@tueba.edu.vn; Điện thoại: 0208.3903373
