supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing … transparency and accountability in government and industry alike. "--World Bank web site …

regulation around the world. The authors find a significant and positive relationship between bank soundness (measured with Moody … Core Principles. "--World Bank web site …

thus dampens the negative effect that deposit insurance has on banks' risk taking. "--World Bank web site …

the policies to forestall them. The paper concludes by identifying directions for future research. "--World Bank web site …

governments around the world as monitors of their self-owned banks. Countries should build on this potential for market discipline … strengthen countries' financial systems"--World Bank web site …