Barth, James R.Caprio, Gerard, Jr.Levine, Ross2013-01-282013-01-282012-12https://hdl.handle.net/10986/12183This paper reassesses what works in banking regulation based on the new World Bank survey (Survey IV) of bank regulation and supervision around world. The paper briefly presents new and official survey information on bank regulations in more than 125 countries, makes comparisons with earlier surveys since 1999, and assesses the relationship between changes in bank regulations and banking system performance. The data suggest that many countries made capital regulations more stringent and granted greater discretionary power to official supervisory agencies over the past 12 years, but most countries have not enhanced the ability and incentives of private investors to monitor banks rigorously -- and several have weakened such private monitoring incentives. Although it is difficult to draw causal inferences from these data, and while there are material cross-country differences in the evolution of regulatory reforms, existing evidence suggests that many countries are making counterproductive changes to their bank regulations by not enhancing the ability and incentives of private investors to scrutinize banks.en-USCC BY 3.0 IGOACCOUNTABILITYACCOUNTINGAMOUNT OF CAPITALARREARSASSET DIVERSIFICATIONAUDITINGAUDITORBALANCE SHEETBANK ACTIVITIESBANK ACTIVITYBANK ASSETSBANK BORROWERSBANK ENTRYBANK FOR INTERNATIONAL SETTLEMENTSBANK LOANBANK REGULATIONBANK REGULATIONSBANK SUPERVISIONBANK SUPERVISORSBANK VALUATIONBANKING ASSETSBANKING INDUSTRYBANKING REGULATIONBANKING SECTORBANKING SECTOR DEVELOPMENTBANKING SYSTEMBANKING SYSTEM DEVELOPMENTBANKING SYSTEMSBANKSBRIBECAPITAL REGULATIONCAPITAL REQUIREMENTSCDCIVIL LAWCONSOLIDATED FINANCIAL STATEMENTSCORRUPTCORRUPTIONCREDIT-RATING AGENCIESCRISIS COUNTRIESCROSS-BORDER BANKINGCURRENCYDATA AVAILABILITYDEPOSITDEPOSIT INSURANCEDEPOSIT MONEY BANKSDEPOSITORDEVELOPING COUNTRIESDISCLOSURE REQUIREMENTSDISCRETIONDOMESTIC BANKDUMMY VARIABLESECONOMIC GROWTHENDOWMENTSENTRY REQUIREMENTSFINANCIAL CONGLOMERATESFINANCIAL DEVELOPMENTFINANCIAL INFORMATIONFINANCIAL INSTITUTIONSFINANCIAL INTERMEDIATIONFINANCIAL REGULATIONFINANCIAL SECTORFINANCIAL SECTOR ASSESSMENTFINANCIAL SECTOR REFORMFINANCIAL SERVICESFINANCIAL STABILITYFINANCIAL SYSTEMSFOREIGN BANKSFOREIGN ENTRYFOREIGN LOANSGOVERNMENT BANKSGOVERNMENT OWNERSHIPGOVERNMENT POLICYGOVERNMENT SECURITIESINEQUALITYINSURANCEINSURANCE ACTIVITIESINTEGRITYINTEREST INCOMEINTERNATIONAL BANKINTERNATIONAL CREDITINTERNATIONAL ECONOMICSINTERNATIONAL RATING AGENCIESLAWSLEGAL REQUIREMENTSLIQUIDITYLOAN CLASSIFICATIONMARKET STRUCTUREMONETARY FUNDMORAL HAZARDMUTUAL FUNDMUTUAL FUND INDUSTRYNET INTEREST MARGINNONPERFORMING LOANSOVERHEAD COSTSPOLITICAL SYSTEMSPOLITICIANSPRIVATE INVESTORSPRIVATE SECTOR DEVELOPMENTRATING AGENCIESREAL ESTATEREAL ESTATE INVESTMENTREGULATORSREGULATORY AUTHORITIESREGULATORY CAPITALREGULATORY ENVIRONMENTREGULATORY POLICIESREGULATORY REGIMESREGULATORY REQUIREMENTSREGULATORY RESTRICTIONREGULATORY RESTRICTIONSREGULATORY SYSTEMSRISK MANAGEMENTSAVINGSSECURITIESSECURITIES ACTIVITIESSHAREHOLDERSSOLVENCYSOURCE OF FUNDSSOURCES OF FUNDSSUBORDINATED DEBTSUPERVISORY AGENCIESSUPERVISORY AUTHORITIESSUPERVISORY POWERSUPERVISORY POWERSWorld Bank10.1596/1813-9450-6288