Rethinking bank regulation : till angles govern / James R. Barth, Gerard Caprio and Ross Levine
Material type:![Computer file](/opac-tmpl/lib/famfamfam/CF.png)
- 346.082 BAR 22
Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
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Calcutta | 346.082 BAR (Browse shelf(Opens below)) | Available | IIMC-C119631 |
This book provides striking evidence (using a unique data set created at the World Bank) that strengthening the discretionary powers of prudential supervisors in countries with weak institutional environments leads to a lower level of bank development, greater corruption in lending, and banks that are less safe and sound. Following the Basel II recommendation of strengthening supervisory powers, therefore, may do more harm than good in developing countries, unless it is accompanied by substantial progress in institutional development. This book provides an important warning to policy makers that what works for advanced countries may not work for developing countries.
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