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Global Banking and Systemic Risk

  • Dimitris N. Chorafas
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)

Abstract

The aim of this section is not to ‘structure reality’ but to restructure around reality the business of global finance as distinct from, but related to, international trade. The distinction that keeps these two notions apart is important precisely because it permits us to look at Basel III with the proper perspective. Quite often, there is confusion between global banking and international trade, even though each has its own set of risks and therefore requirements for regulation, and any successful regulation of global banking has to take note of the specific characteristics of financial markets and their instruments (Chapter 11.

Keywords

Monetary Policy Systemic Risk Hedge Fund Financial Stability Credit Institution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

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Copyright information

© Dimitris N. Chorafas 2012

Authors and Affiliations

  • Dimitris N. Chorafas

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