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 new project, led by Emily Jones, Ngaire Woods and Thorsten Beck, is leading a multidisciplinary team of researchers looking at how political institutions and processes - at both the domestic and global levels - shape the impact of global banking initiatives on low income countries and their ability to harness financial flows for inclusive growth. 

The research generated through this project will not only make a significant academic contribution but also provide crucial evidence and insights for policymakers in low income countries as well as global financial standard-setting institutions. As a well-regulated financial sector can promote inclusive growth by generating access to credit for SMEs and marginalised groups, this project has far-reaching implications for development in low income countries.

The first two years of the project (2015-2016) are devoted to developing the project’s framework, conducting research and assembling findings. In the third year (2017), policy-makers will be invited to discuss the findings and their implications for global banking regulations and low-income country strategies.

The team includes researchers from academic institutions in Burkina Faso, Kenya, and Vietnam, coordinated through GEG. In-depth case studies on countries in South East Asia, South America, West Africa and East Africa will form part of the project’s research output. 

 

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
Presenting GEG Research at African Economic Research Conference
Low income countries navigating global banking standards
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
Journal articles
GEG WP 2017/127 The Future of Global Financial Regulation
Working papers
Consolidating Africa's Mobile Banking Revolution
Other
Finance in Africa: Banks, debt, and development
Project Workshop: Low income countries navigating global banking standards