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Prudential Norms for the Financial Sector: Is Development a Missing Dimension? The Cases of Brazil and India

In: The Basel Capital Accords in Developing Countries

Author

Listed:
  • Ricardo Gottschalk
  • Sunanda Sen

Abstract

Since financial liberalisation in the late 1970s and early 1980s, prudential norms for the financial sector have become increasingly important for enhancing financial stability worldwide. Developing countries in particular have in recent years made some efforts to improve their prudential and regulatory frameworks for the financial system, especially at end of the various financial crises in the emerging market economies in the late 1990s.

Suggested Citation

  • Ricardo Gottschalk & Sunanda Sen, 2010. "Prudential Norms for the Financial Sector: Is Development a Missing Dimension? The Cases of Brazil and India," Palgrave Macmillan Books, in: Ricardo Gottschalk (ed.), The Basel Capital Accords in Developing Countries, chapter 2, pages 16-33, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-27609-3_2
    DOI: 10.1057/9780230276093_2
    as

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