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Capital Adequacy and Liquidity: the Devil is in Their Detail

Dimitris N. Chorafas

Chapter 6 in Basel III, the Devil and Global Banking, 2012, pp 105-123 from Palgrave Macmillan

Abstract: Abstract As Martin Wolf, the Financial Times economist, said on February 5, 2008, ‘unless we learn from this crisis, another one will put the world economy back on to the rocks in the not too distant future’. This is no time for tunnel-visioned ideologies. It is a time for pragmatism based on experience gained through the most recent and previous crises.

Keywords: Credit Rating; European Central Bank; Capital Requirement; Global Risk; Trading Book (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-35842-3_6

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DOI: 10.1057/9780230358423_6

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