CEPS Senior Fellow Rym Ayadi contributed a chapter entitled “On the Role of the Basel Committee, the Basel Rules, and Banks’ Incentives” in the comprehensive Handbook of Safeguarding Global Financial Stability, edited by Gerard Caprio. The book explores the many forms of political and social forces exerting pressure on the globalised economy, from formal and informal policies to financial theories and technical models. The efforts to shape and direct these forces to preserve financial stability reveal much about the ways we perceive the financial economy. The Handbook of Safeguarding Global Financial Stability examines the political economy, particularly the ways in which these forces inhabit institutions, strategies, and tactics. As economies expand and contract, these forces also determine the ways we supervise and regulate. This high-level examination of the global political economy includes articles about specific countries, crises, and international systems as well as broad articles about major concepts and trends.
No. of pp: 754