FH-WORKINGPAPERS

FHPLUS - THE IMPLEMENTATION AND THE CONSEQUENCES OF BASEL II

AutorInnen
Silvia Helmreich
Johannes Jäger
Erscheinungsdatum
16.06.2008
Studiengang
International Banking and Finance, MA
E-Mail
Silvia.helmreich@fh-vie.ac.at , johannes.jaeger@fh-vie.ac.at
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ABSTRACT

The paper deals with the implementation and the consequences of Basel II. It addresses the questions of why and how Basel II is implemented differently in different countries and world regions. In order to deal with these questions a global overview of the processes of implementation is provided. Furthermore, some selected regions and countries such as the CEE and the SEE region, as well as Russia, Slovenia and Albania are analyzed in more detail. Adopting a political economy perspective it is concluded that the unequal implementation of the new Basel Accord mainly is mainly explained by the specific structures of the different national financial sectors and by different interests and uneven processes shaping the implementation of the new regulations.
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