In Search of a Level Playing Field: The Implementation of the Basle Capital Accord in Japan and the United States
by: Hal S. Scott and Shinsaku Iwahara
1994, 86 pages
Type: Occasional Paper
ISBN: 1-56708-043-X
Price: $10.00
Keywords: Banking, Economic Policy
Although one objective of the Basle Accord was to diminish competitive inequality among banks arising from differences in national capital standards, the Accord has not significantly leveled the playing field between US and Japanese banks because of differences in safety net policies, national accounting and tax rules and approaches to bank regulation.
