This paper assesses in detail the status of operational risk management in the Indian banking system in the context of Basel II. The expected coverage of banking assets and the approach adopted for operational risk capital computation is compared broadly with the position of the banking system...

Measures of Concentration are of vital importance for welfare related public policy toward market structure and conduct in the banking industry. The most widely used measure of market concentration, the concentration ratio. While useful as a starting point, the concentration ratio has important...

This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in world markets. To explain higher protection in sectors where a large share is imported from these countries, we extend the protection for sale' model to allow for different...