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What drives Basel III implementation? A cross-country empirical investigation

Mete Feridun

Applied Economics Letters, 2025, vol. 32, issue 1, 5-8

Abstract: This article empirically explores the factors driving cross-country Basel III implementation progress for 20 countries using a novel dependent variable drawn from the Basel Committee’s Progress Report. Results suggest that implementation of Basel III reforms is at a more advanced stage in countries with strong banking sectors, credible governments, more stable political systems and transparent public sectors.

Date: 2025
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DOI: 10.1080/13504851.2023.2244223

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