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Implementation of Financial Resilience Against Global Recession Threat Issues

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  • Saputra, Mohammad Fajar
  • Pandin, Maria Yovita R
  • Hastungkara, Hanif Dwi

Abstract

The economic recession or global recession itself can be understood as a condition that explains that the economy of one country is not doing well, this can be seen from the Gross Domestic Product (GDP) which shows a negative side, rising unemployment, and economic growth which shows a positive direction. negative in two consecutive quarters. Good risk management is also important for building strength or resilience in financial institutions. Discusses the challenges in building strength or resilience in financial institutions and financial markets. Building strength or resilience in financial institutions and financial markets is critical to ensuring overall economic stability and health.

Suggested Citation

  • Saputra, Mohammad Fajar & Pandin, Maria Yovita R & Hastungkara, Hanif Dwi, 2023. "Implementation of Financial Resilience Against Global Recession Threat Issues," OSF Preprints 3gd8j, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:3gd8j
    DOI: 10.31219/osf.io/3gd8j
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