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    • The new Basel accord and developing countries: problems and alternatives 

      Ward, Jonathan (CFAP, Cambridge Judge Business School, University of Cambridge, 2002)
      The new Basel Accord framework relies on markets and supervisors to discipline banks. Yet both markets and supervisors fail, and more so in developing countries than in high-income countries. Therefore, the new Accord is ...
    • The supervisory approach: a critique 

      Ward, Jonathan (CFAP, Cambridge Judge Business School, University of Cambridge, 2002)
      Rules suffer from two serious defects. The world is complex, and so the creation and application of rules is difficult; and it changes, so that rules become obsolete. In recent years, the conventional wisdom on financial ...
    • The World Trade Organization and financial stability: the balance between liberalisation and regulation in the GATs 

      Alexander, Kern (CFAP, Cambridge Judge Business School, University of Cambridge, 2003)
      The WTO General Agreement on Trade in Services and its Annex on Financial Services provide the international legal framework for the regulation of cross-border trade in financial services. This paper analyses some of the ...