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This paper presents new and official survey information on bank regulations in 142 countries and makes comparisons with … two earlier surveys. The data do not suggest that countries have primarily reformed their bank regulations for the better … agencies, but existing evidence suggests that these reforms will not improve bank stability or efficiency. While some countries …
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The regulatory and supervisory practices most effective in promoting good performance and stability in the banking sector are those that force accurate information disclosure, empower private sector monitoring of banks, and foster incentives for private agents to exert corporate control
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advice about bank ewgulation and supervision and lower the marginal cost of empirical research …
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responsibility; and governance in non-bank financial institutions. Only through this kind of rigorous examination can one hope to …
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