[DOWNLOAD] "Banking Stability and the Basel Capital Standards." by The Cato Journal ~ eBook PDF Kindle ePub Free
eBook details
- Title: Banking Stability and the Basel Capital Standards.
- Author : The Cato Journal
- Release Date : January 22, 2003
- Genre: Politics & Current Events,Books,
- Pages : * pages
- Size : 247 KB
Description
In thinking about bank stability and the Basel Accord, rather than concentrating on whether the Basel Committee has gotten every little detail of the new Accord right--a task that can greatly affect banks' bottom lines--it is more appropriate for our present purposes to concentrate on some more general--and perhaps fundamental--questions. (1) How successful has the original Basel Accord been in accomplishing its stated goals? How successful will Basel II be in accomplishing those goals? Are those goals desirable? And perhaps the most fundamental question of all: Is the Basel Accord that is, the international harmonization of capital standards--necessary or desirable to have a stable financial system? Theoretical and Historical Background