Friday, June 11, 2010
Tweet[IWS] IIF: BANKING REGULATORY FRAMEWORK IMPACT ON GLOBAL ECONOMY--Interim Report [June 2010]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
Institute of International Finance (IIF)
Interim Report on the Cumulative Impact on the Global Economy of Proposed Changes in the Banking Regulatory Framework [June 2010]
http://www.abbl.lu/sites/default/files/FCKeditor/NCI_0610_interim_web.pdf
[full-text, 161 pages]
[excerpt]
This report is an Interim Report of the IIF’s Working Group to Assess the Cumulative
Impact on the Global Economy of Proposed Changes in the Banking Regulatory
Framework. The Working Group consists of economists and regulatory experts from IIF
member banks, and is chaired by Philip Suttle, the IIF’s Chief Economist. It operates
under the auspices of the IIF’s Special Committee on Effective Regulation, chaired by
Peter Sands, Group Chief Executive of Standard Chartered Plc. The Working Group has
been working for a number of months to prepare this report, which analyzes the impact
of bank regulatory reform on the United States, Euro Area, Japan and (in aggregate) the
emerging economies. We now judge that their work has come to sufficient fruition that
it warrants sharing more broadly.
Contents
Executive Summary 3
Chapter 1 9
The Net Cumulative Impact on the Global Economy of Increased Regulation of the
Banking Industry: A Summary
Chapter 2 37
Planned Regulatory Measures
Chapter 3 49
Impact on the United States Economy
Chapter 4 77
Impact on the Euro Area Economy
Chapter 5 105
Impact on the Japanese Economy
Chapter 6 129
Impact on Emerging Economies
Bibliography 145
IIF Working Group on Cumulative Impact 155
________________________________________________________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
****************************************
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************