The Basel Accord - now commonly referred to as "Basel I" - has
exerted a profound influence on international financial politics
and domestic prudential financial sector regulatory policy yet
great controversy has always surrounded the Accord's impact on the
safety and competitiveness of the world's largest financial
institutions and the evolution of trans-national regulatory
convergence.
The author provides a comprehensive examination of the impact of
the 1988 Basel Accord on the capital adequacy regulations of
developed economies. The study seeks to understand if the Accord
affected broad or isolated convergence of 18 developed states' bank
credit risk regulations from 1988 to 2000, and also to understand
what political economic variables influenced levels of regulatory
isomorphism. Quillin creates a quantitative database of developed
states' interpretations of the Basel rules which shows that some
persistent distinction remained in the way states implemented the
Accord. He also explores why convergence emerged among a subset of
states, yet not others, by testing a battery of political economic
explanations.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!