A Capital Accord for Emerging Economies? (original) (raw)

1 I have benefited greatly from the many discussions on these issues within the Central Bank of Argentina and in particular wish to thank Verónica Balzarotti, Christian Castro and Matías Girault. I am indebted to members of the ad hoc Latin American Group of Central Banks and Supervisors who attended meetings in Buenos Aires to fashion consensus comments on the BCBS proposals. I also wish to thank Hyun Shin and Peter Sinclair and the other participants in a joint Bank of England-London School of Economics 'financial stability seminar' held at the LSE in June 2001 and to participants of a World Bank seminar held in July 2001. This paper was completed while the author was Visiting Research Fellow at the Financial Sector Strategy and Policy division of the World Bank and I would like to thank the World Bank for the support received. The views expressed here are my own and do not necessarily represent the views of any institution, all mistakes remain my own.