Bank Regulation, Supervision and Efficiency During the Global Financial Crisis
35 Pages Posted: 4 Sep 2014
Date Written: September 4, 2014
In this study, using the World Bank’s Bank Regulation and Supervision Survey (BRSS) data, we draw insights about the bank regulatory/supervisory styles, illustrate the differences in regulation/supervision among crisis, non-crisis and BRICS countries, and highlight the ways in which bank regulation and supervision has changed during the crisis period. The study suggests that crisis-countries had weaker regulatory and supervisory frameworks compared to those in emerging countries during the crisis. BRICS countries as a distinct block has demonstrated uniqueness in the regulatory/supervisory styles which is neither similar to crisis-countries nor with the non-crisis countries.
Keywords: Central Banks, Banking Regulation, Capital adequacy, Regulation, Risk, Supervision, Financial markets and governance, Crisis
JEL Classification: E58, G18, G20, G21, G32, G38, L51, O16
Suggested Citation: Suggested Citation