The Impact of New Financial Regulations on Emerging Markets: A Synthesis of a Global Survey
The global financial crisis revealed the fragility of the global fnancial framework under the current Basel agreements and provided an impetus not only for curtailing the risky activity of banks but also for rethinking what affects the stability of the global fnancial system. The recent Basel III agreement was designed to provide additional levers that should make national fnancial systems, and by extension the global fnancial system, stronger. This paper discusses the key fndings of a global survey of fnancial, economic and political stakeholders conducted by students from Brandeis International Business School on whether the Basel III agreement will be able to construct and maintain a sound financial regulatory framework.
|Date of creation:||2011|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.brandeis.edu/global/about/centers/rosenberg/global-briefs.html|
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