Barrell, Ray; Davis, E. Philip; Karim, Dilruba; Liadze, lana - In: National Institute Economic Review 216 (2011) 1, pp. 53-53
Low levels of bank capital and liquidity in combination with ongoing crises in other countries are shown to increase the probability of banking crises in OECD countries. Hence global coordination of regulatory reform is vital for reducing crisis risks.