The article surveys the literature pertaining to the Basel II and concludes with the concerns germane to India in this regard

The new Basel accord is slated to come into effect in India around 2007 raising the question of how the revised standards will influence bank behaviour. Using a simple theoretical model, it is shown that the revised accord will result in asymmetric differences in the efficacy of monetary policy...

This study investigates the challenges and prospects of mobile banking in Africa. We examined the growth of mobile phone technology over the past decade and consider its potential impacts upon quality of life in African countries via mobile banking. Mobile banking has been observed to perform...

The emergence of the BRICS (Brazil, Russia, India, China and South Africa) grouping and the rapid advancement of their stock market may results in the acceleration of the appreciation of their respective currencies and ultimately the loss of their trade competitiveness. Conversely, exchange rate...

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Absence of a well-developed capital market has been listed as a key obstacle to industrialization in developing countries in the development literature. In this paper, we show that industrial clusters, through specialization and division of labor, can ease the financial constraints of...