Quality of financial sector regulation and supervision around the world /
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| Author / Creator: | Čihák, Martin, author. |
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| Imprint: | Washington, D.C. : International Monetary Fund, ©2008. |
| Description: | 1 online resource (45 pages) : illustrations, maps |
| Language: | English |
| Series: | IMF working paper ; WP/08/190. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12499636 |
| Summary: | The paper analyzes the quality of financial sector regulation and supervision around the globe. Unlike studies that collect and analyze data on regulation and supervision "on the books," this study also analyzes available information on supervisory implementation, making use of data from IMF-World Bank assessments of compliance with international standards and codes. Incorporating supervisory implementation into the study provides an improved means of assessing countries' regulatory systems. We find that countries' regulatory frameworks score on average one notch below full compliance with the standards (on a 4-notch scale). There are substantial differences in the quality of regulatory and supervisory frameworks across countries, with the income level being a major factor. |
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| Item Description: | At head of title: Monetary and Capital Markets Department. "August 2008." |
| Physical Description: | 1 online resource (45 pages) : illustrations, maps |
| Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |
| Bibliography: | Includes bibliographical references (pages 44-45). |
| ISBN: | 1282841416 9781282841413 1451915012 9781451915013 1462320473 9781462320479 1452706700 9781452706702 1451870485 9781451870480 9786612841415 6612841419 |