IDEAS home Printed from https://ideas.repec.org/a/wly/ijfiec/v27y2022i4p4451-4471.html
   My bibliography  Save this article

The fragmentation of international banking regulation

Author

Listed:
  • Ravel Sami Jabbour

Abstract

As in many areas of international law, the virus of fragmentation has now permeated the zeitgeist of international banking regulation. As a result, one of the largest pieces of regulation, the Basel III framework, hangs in the balance as it awaits implementation. This study assesses the financial sectors of both developed and emerging economies with an aim to determine which countries are more likely to spread the virus so that it can be stopped before becoming a pandemic. We find that a specific set of countries are most likely to do just that.

Suggested Citation

  • Ravel Sami Jabbour, 2022. "The fragmentation of international banking regulation," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(4), pages 4451-4471, October.
  • Handle: RePEc:wly:ijfiec:v:27:y:2022:i:4:p:4451-4471
    DOI: 10.1002/ijfe.2381
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/ijfe.2381
    Download Restriction: no

    File URL: https://libkey.io/10.1002/ijfe.2381?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. McCauley, Robert N. & Bénétrix, Agustín S. & McGuire, Patrick M. & von Peter, Goetz, 2019. "Financial deglobalisation in banking?," Journal of International Money and Finance, Elsevier, vol. 94(C), pages 116-131.
    2. Daniel W. Drezner, 2007. "Bringing the Great Powers Back In, from All Politics Is Global: Explaining International Regulatory Regimes," Introductory Chapters, in: All Politics Is Global: Explaining International Regulatory Regimes, Princeton University Press.
    3. King, Mervyn, 1990. "International harmonisation of the regulation of capital markets: An introduction," European Economic Review, Elsevier, vol. 34(2-3), pages 569-577, May.
    4. Zdenek Kudrna & Sonja Puntscher Riekmann, 2018. "Harmonizing national options and discretions in the EU banking regulation," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 21(2), pages 144-158, April.
    5. Zdenek Kudrna & Sonja Puntscher Riekmann, 2018. "Harmonizing national options and discretions in the EU banking regulation," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 21(2), pages 144-158, April.
    6. Yannick Lucotte, 2015. "Euro area banking fragmentation in the aftermath of the crisis: a cluster analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 22(13), pages 1046-1050, September.
    7. Zsuzsánna Biedermann & Ágnes Orosz, 2015. "Diverging financial regulations after the crisis? A comparison of the EU’s and the United States’ responses," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 14(1), pages 31-55.
    8. Singer, David Andrew, 2004. "Capital Rules: The Domestic Politics of International Regulatory Harmonization," International Organization, Cambridge University Press, vol. 58(3), pages 531-565, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bart Stellinga, 2021. "The Rise and Stall of EU Macro‐Prudential Policy. An Empirical Analysis of Policy Conflicts over Financial Stability, Market Integration, and National Discretion," Journal of Common Market Studies, Wiley Blackwell, vol. 59(6), pages 1438-1457, November.
    2. Eckert, Sandra, 2020. "EU agencies in banking and energy between institutional and policy centralisation," SAFE Working Paper Series 278, Leibniz Institute for Financial Research SAFE.
    3. ., 2013. "The dynamics of global governance," Chapters, in: The Dynamics of Global Economic Governance, chapter 2, pages 38-59, Edward Elgar Publishing.
    4. Lucia Quaglia & Aneta Spendzharova, 2017. "Post‐crisis reforms in banking: Regulators at the interface between domestic and international governance," Regulation & Governance, John Wiley & Sons, vol. 11(4), pages 422-437, December.
    5. Iftikhar Lodhi, 2021. "Globalisation and public policy: bridging the disciplinary and epistemological boundaries [Which synthesis? Strategies of theoretical integration and the neorealist-neoliberal debate]," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 40(4), pages 522-544.
    6. Thomas Rixen, 2013. "Why reregulation after the crisis is feeble: Shadow banking, offshore financial centers, and jurisdictional competition," Regulation & Governance, John Wiley & Sons, vol. 7(4), pages 435-459, December.
    7. Adam W. Chalmers, 2020. "Unity and conflict: Explaining financial industry lobbying success in European Union public consultations," Regulation & Governance, John Wiley & Sons, vol. 14(3), pages 391-408, July.
    8. David Bach & Abraham Newman, 2014. "Domestic drivers of transgovernmental regulatory cooperation," Regulation & Governance, John Wiley & Sons, vol. 8(4), pages 395-417, December.
    9. Lindner, Vincent & Eckert, Sandra & Nölke, Andreas, 2022. "Political science research on the reasons for the (non) adoption and (non) implementation of EMU reform proposals: The state of the art," SAFE Working Paper Series 339, Leibniz Institute for Financial Research SAFE.
    10. ., 2013. "Politics without conviction: the OECD’s failed Harmful Tax Competition initiative," Chapters, in: The Dynamics of Global Economic Governance, chapter 3, pages 60-80, Edward Elgar Publishing.
    11. Thierry Warin & Aleksandar Stojkov, 2021. "Banks’ Foreign Claims in the Aftermath of the 2008 Crisis: Institutional Response, Financial Efficiency, and Integration of Cross-Border Banking in the Euro Area," JRFM, MDPI, vol. 14(2), pages 1-17, February.
    12. Hélène Syed Zwick & S. Ali Shah Syed, 2017. "The polarization impact of the crisis on the Eurozone labour markets: a hierarchical cluster analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 24(7), pages 472-476, April.
    13. Gary Goertz & Tony Hak & Jan Dul, 2013. "Ceilings and Floors," Sociological Methods & Research, , vol. 42(1), pages 3-40, February.
    14. Jonas Tallberg & Thomas Sommerer & Theresa Squatrito, 2016. "Democratic memberships in international organizations: Sources of institutional design," The Review of International Organizations, Springer, vol. 11(1), pages 59-87, March.
    15. Christophe Blot & Fabien Labondance, 2021. "Beyond the Interest Rate Pass-through: Monetary Policy and Banks Interest Rates during the Effective Lower Bound," Working Papers hal-04221606, HAL.
    16. Christoph Kaufmann, 2023. "Investment Funds, Monetary Policy, and the Global Financial Cycle," Journal of the European Economic Association, European Economic Association, vol. 21(2), pages 593-636.
    17. Ms. Enrica Detragiache & Mr. Thierry Tressel & Ms. Rima A Turk, 2018. "Where Have All the Profits Gone? European Bank Profitability Over the Financial Cycle," IMF Working Papers 2018/099, International Monetary Fund.
    18. Sandra Lavenex & Flavia Jurje, 2021. "Opening‐up labor mobility? Rising powers' rulemaking in trade agreements," Regulation & Governance, John Wiley & Sons, vol. 15(3), pages 598-615, July.
    19. Justin Greenwood & Christilla Roederer‐Rynning, 2015. "The “Europeanization” of the Basel process: Financial harmonization between globalization and parliamentarization," Regulation & Governance, John Wiley & Sons, vol. 9(4), pages 325-338, December.
    20. Everett, Mary & McQuade, Peter & O’Grady, Michael, 2020. "Bank business models as a driver of cross-border activities," Journal of International Money and Finance, Elsevier, vol. 108(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:ijfiec:v:27:y:2022:i:4:p:4451-4471. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.interscience.wiley.com/jpages/1076-9307/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.