Please use this identifier to cite or link to this item:
Full metadata record
DC FieldValueLanguage
dc.contributor.authorGottschalk Ballo, Jannikeen_US
dc.description.abstractThis paper deals with the actors and the changing power relations involved in global financial regulation. It explores the private sector's influence on Basel III regulatory reforms, which were formulated by the Basel Committee on Banking Supervision as a response to the global financial crisis following the US subprime mortgage crisis in 2007-2008. Scholars argue that the dynamic between market actors and regulators of international finance has experienced a shift in power during the last couple of decades. Banks and other financial institutions have become more influential at the expense of states and regulatory institutions. This essay argues that private actors are important to ensure legitimacy and efficiency of regulation, and finds that they possess far greater powers than their consultative positions towards regulators might indicate.en_US
dc.publisher|aFreie Univ., Arbeitsstelle Internat. Politische Ökonomie |cBerlinen_US
dc.relation.ispartofseries|aPIPE - Papers on International Political Economy, Arbeitsstelle Internationale Politische Ökonomie, Freie Universität Berlin |x13/2012en_US
dc.titleHow and to what extent did private actors influence Basel III?en_US
dc.typeWorking Paperen_US

Files in This Item:
326.02 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.