Assessment of Systemic Risks in the Financial System of Azerbaijan

This article undertakes an in-depth examination of systemic risks pervasive within the financial system, employing a multidimensional approach to assess and mitigate potential vulnerabilities.Systemic risk, a critical concern in contemporary financial landscapes, transcends individual institutions, permeating the interconnected fabric of global markets.Leveraging empirical data and advanced analytical methodologies, this study delineates the intricate interplay of factors contributing to systemic vulnerabilities, elucidating the cascading effects of market disruptions.Through rigorous examination, it elucidates the imperative of proactive risk management strategies to safeguard financial stability and resilience in the face of systemic threats.