MOLIYAVIY BARQARORLIKNI TA’MINLASHDA MAKROPRUDENSIAL TARTIBGA SOLISH: TIZIMLI RISKLAR VA GLOBAL INQIROZLAR SABOQLARI
DOI:
https://doi.org/10.5281/Abstract
Moliyaviy tizimning barqaror faoliyat yuritishi iqtisodiy o‘sish, investitsion faollik va aholi farovonligini ta’minlashning muhim shartlaridan biridir. Banklar va boshqa moliyaviy institutlar jamg‘armalarni investitsiyalarga yo‘naltirish, to‘lovlarni amalga oshirish va iqtisodiyot subyektlari o‘rtasida moliyaviy resurslarni qayta taqsimlash orqali real sektor faoliyatini qo‘llab-quvvatlaydi. Biroq kreditlashning haddan tashqari tez o‘sishi, yuqori leverage, aktivlar narxining keskin oshishi, qisqa muddatli moliyalashtirishga ortiqcha bog‘liqlik va moliyaviy institutlar o‘rtasidagi kuchli o‘zaro aloqalar tizimli risklarni yuzaga keltirishi mumkin. Shu sababli zamonaviy moliyaviy siyosatda alohida bankning barqarorligini nazorat qilish bilan bir qatorda butun moliya tizimida risklarning to‘planishini oldindan aniqlash masalasi alohida ahamiyat kasb etmoqda.
References
1. Aikman D., Bridges J., Kashyap A., Siegert C. Would Macroprudential Regulation Have Prevented the Last Crisis? Journal of Economic Perspectives, 2018.
2. Galindo A.J., Rojas-Suárez L., del Valle M. Macroprudential Regulations in Andean Countries. 2013.
3. Zamorski M.J., Lee M. Enhancing Bank Supervision in Asia: Lessons Learned from the Financial Crisis. 2015.
4. Monadjemi M., Lodewijks J. Capital Adequacy and Liquidity of Global Financial Institutions: A Study of Reforms after the Great Recession. 2019.
5. O‘zbekiston Respublikasi Markaziy banki. Financial Stability Report for 2025. Toshkent, 2026.
6. Pessoa G., Rochman R. Macro-Financial Blind Spots in Emerging Markets: Non-Bank Intermediation, Funding Liquidity, and the Persistence of Global Shock Transmission. International Journal of Financial Studies, 2026.
