This volume assembles and presents a new database on bank regulation in over 150 countries (included also on CD), conducts the first, comprehensive cross-country assessment of the impact of bank regulation on the operation of banks, and assesses the validity of the Basel committee s influential approach to bank regulation. It provides an empirical evaluation of the historic debate about the proper role of government in the economy by studying bank regulation, and analyzes the role of politics in determining regulatory approaches to banking.

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