finance

Navigating Global Banking Standards

How do developing countries navigate global banking standards?

In the wake of the global financial crisis, industrialised countries have agreed a series of regulatory reforms to repair and regulate their own financial systems. All countries, including low income ones, are encouraged to adopt these new global banking standards. Yet there has been very little research on how these new standards will impact low income countries, whose financial systems are very different from those in advanced and emerging economies.

GEG’s flagship project, led by Emily Jones, Ngaire Woods and Thorsten Beck, features a multidisciplinary team of researchers from three continents that look at how political institutions and processes - at both the domestic and global levels - shape the impact of global banking standards on low income countries and their ability to harness financial flows for inclusive growth. 

The research project identifies key stakeholders and their incentives to adopt Basel II and III in a mixed methods approach that combines statistical analysis and in-depth case studies of 11 jurisdictions on 3 continents. Furthermore, the research team analyzes the particular benefits and costs of Basel standards adoption in developing countries and distills policy implications for global standard setters and regulators in the financial periphery. You can find an interactive summary of this project here.

 

Indian policymakers engage with GEG flagship research project
Peter Knaack presents to the IMF
GEG's Peter Knaack at the Alliance for Financial Inclusion
pk
Peter Knaack presents research in China
globalbanking
Emily Jones on Financial Regulation in the Periphery of the World Economy
Money in different currencies
New paper from Emily Jones and Alexa Zeitz
yuan
An Unlikely Champion of Global Finance: Why Is China Exceeding International Banking Standards?
Dr Peter Knaack, Senior Research Associate
Journal articles
kenya
GEG WP 2017/131 The Political Economy of Basel Adoption in Kenya
Dr Radha Upadhyaya, Research Associate
Working papers
The Limits of Globalizing Basel Banking Standards
Associate Professor Emily Jones, Director
Alexandra Zeitz, Pre-Doctoral Research Fellow
Journal articles
GEG WP 2017/127 The Future of Global Financial Regulation
Associate Professor Emily Jones, Director
Dr Peter Knaack, Senior Research Associate
Working papers
Consolidating Africa's Mobile Banking Revolution
Associate Professor Emily Jones, Director
Professor Ngaire Woods, Founder
Professor Njuguna Ndung'u, Visiting Fellow of Practice
Other
Finance in Africa: Banks, debt, and development
Project Workshop: Low income countries navigating global banking standards