International Harmonization of Financial Regulation?: The Politics of Global Diffusion of the Basel Capital Accord

Hyoung‐kyu Chey

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Global Financial Regulation and Crises Regulation and Compliance Studies Policy Transfer and Learning

Abstract

1. Introduction: International Harmonization and Domestic Politics in Passive Adopters Part I: Harmonization 2. Creation of the 1988 Basel Accord 3. Non-Committee Members prior to the Accord 4. External Pressures for Accord Compliance Part II: Compliance 5. Japan: Persistent Cosmetic Compliance 6. South Korea: A Shift from Cosmetic to More Effective Compliance 7. Taiwan: Weakening Effective Compliance 8. Conclusion

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