Bericht

Can Basel II enhance financial stability? A pessimistic view

Even as the United States enjoys an economic expansion, there is an undercurrent of concern among economic analysts who follow financial markets. Some feel that the expansion of the credit derivatives markets poses the threat of a crisis similar to the Long-Term Capital Management debacle of 1998. Credit derivatives allow banks to share risks with holders of the derivatives, which are often mutual funds and other nonbank financial institutions.The Basel II Accord, now being implemented in many countries, is hailed as a good form of protection against the risk of a series of bank failures of the type that might cause problems in the derivatives markets. Basel II represents a more sophisticated and complex version of the original Basel Accord of 1992, which set minimum capital ratios for various types of bank assets.

ISBN
1931493502
Sprache
Englisch

Erschienen in
Series: Public Policy Brief ; No. 84

Klassifikation
Wirtschaft
Thema
Bankenliquidität
Bankenkrise
Bankrisiko
Bankenaufsicht
Bankenpolitik
Internationaler Finanzmarkt
Welt
Basel II

Ereignis
Geistige Schöpfung
(wer)
Wray, L. Randall
Ereignis
Veröffentlichung
(wer)
Levy Economics Institute of Bard College
(wo)
Annandale-on-Hudson, NY
(wann)
2006

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Wray, L. Randall
  • Levy Economics Institute of Bard College

Entstanden

  • 2006

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