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Implications of Basel II for financial stability. Clouds are darker for developing countries

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  • Mario Tonveronachi

    (Università degli Studi di Siena, Dipartimento di economia politica, Siena)

Abstract

Paper originally published in the BNL Quarterly Review, vol. 60 n. 241, June 2007, pp. 111-135.

Suggested Citation

  • Mario Tonveronachi, 2009. "Implications of Basel II for financial stability. Clouds are darker for developing countries," PSL Quarterly Review, Economia civile, vol. 62(248-251), pages 117-142.
    • Handle: RePEc:psl:pslqrr:2009:9
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9446/9341
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    References listed on IDEAS

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    1. Charles Goodhart & Boris Hofmann & Miguel Segoviano, 2004. "Bank Regulation and Macroeconomic Fluctuations," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 20(4), pages 591-615, Winter.
    2. Gordy, Michael B. & Howells, Bradley, 2006. "Procyclicality in Basel II: Can we treat the disease without killing the patient?," Journal of Financial Intermediation, Elsevier, vol. 15(3), pages 395-417, July.
    3. Liebig, Thilo & Porath, Daniel & Weder, Beatrice & Wedow, Michael, 2007. "Basel II and bank lending to emerging markets: Evidence from the German banking sector," Journal of Banking & Finance, Elsevier, vol. 31(2), pages 401-418, February.
    4. Mr. In W Song, 2004. "Foreign Bank Supervision and Challenges to Emerging Market Supervisors," IMF Working Papers 2004/082, International Monetary Fund.
    5. J.A. Kregel, 1997. "Margins of Safety and Weight of the Argument in Generating Financial Fragility," Journal of Economic Issues, Taylor & Francis Journals, vol. 31(2), pages 543-548, June.
    6. Mario Tonveronachi, 2006. "Foreign debt and financial fragility in the perspective of the emerging countries," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 59(236), pages 23-48.
    7. Griffith-Jones, Stephany & Segoviano, Miguel Angel & Spratt, Stephen, 2004. "Basel II: developing countries and portfolio diversification," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    8. Jan A. Kregel, 1998. "Yes, 'It' Did Happen Again: A Minsky Crisis Happened in Asia," Economics Working Paper Archive wp_234, Levy Economics Institute.
    9. Rojas-Suarez, Liliana, 2002. "Can international capital standards strengthen banks in emerging markets?," Journal of Financial Transformation, Capco Institute, vol. 5, pages 51-63.
    10. Rojas-Suárez, Liliana & Weisbrod, Steven R., 1996. "Towards an Effective Regulatory and Supervisory Framework for Latin America," IDB Publications (Working Papers) 6195, Inter-American Development Bank.
    11. John Eatwell & Lance Taylor, 1998. "International Capital Markets and the Future of Economic Policy," SCEPA working paper series. 1998-14, Schwartz Center for Economic Policy Analysis (SCEPA), The New School, revised Sep 1998.
    12. Rahul Dhumale, 2000. "Capital Adequacy Standards: Are They Sufficient?," Working Papers wp165, Centre for Business Research, University of Cambridge.
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    Cited by:

    1. Alessandro Roncaglia, 2009. "Rule, instability and crisis," PSL Quarterly Review, Economia civile, vol. 62(248-251), pages 3-13.

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    More about this item

    Keywords

    Financial Crisis; Instability; Rules; Basel;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • G1 - Financial Economics - - General Financial Markets
    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches

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