Capital adequacy regulations or quantity restrictions on bank portfolios put forward by the Basle Committee on Banking Supervision have virtually become an international standard of prudential regulation. Recent proposals aim at extending this approach to market risks, in particular to foreign...

This thesis consists of three chapters that explore issues related to bank capital, multinational bank supervision, and bank lending in a developing country. The first chapter explores the impact of peer banks on bank capital adjustments. The second chapter evaluates the extent to which...

Introduction -- The emergence of competition policy regimes -- The errors of antitrust -- The performance gap -- What is competition policy? -- Sources of error in antitrust practice -- What is different in developing and transition economies? -- The political economy of antitrust enforcement --...