Rethinking Bank Regulation: Till Angels Govern

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Rethinking Bank Regulation: Till Angels Govern image
ISBN-10:

052170930X

ISBN-13:

9780521709309

Author(s): Barth, James R.
Released: Aug 21, 2008
Format: Paperback, 444 pages
Related ISBN: 9780521855761

Description:

This volume assembles and presents a new database on bank regulation in over 150 countries. It offers the first comprehensive cross-country assessment of the impact of bank regulation on the operation of banks, and assesses the validity of the Basel Committee's influential approach to bank regulation. The treatment also provides an empirical evaluation of the historic debate about the proper role of government in the economy by studying bank regulation and analyzes the role of politics in determining regulatory approaches to banking. The data also indicate that restrictions on the entry of new banks, government ownership of banks, and restrictions on bank activities hurt banking system performance. The authors find that domestic political factors shape both regulations and their effectiveness.

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