tailieunhanh - Bank regulation, capital and credit supply: Measuring the impact of Prudential Standards

Within the Latin American context, worker remittances are becoming increasingly relevant to the economies of many countries. In 2003, Lat in America received more than $38 billion in remittances from Canada, Europe, Japan, Latin America itself and the United States. The table 4 shows the total remittances sent to selected countries in Latin America and the Caribbean in 2003. The table also shows remittances as a percentage of GDP and exports. It reveals that, especially for the smaller economies of Central America and the Caribbean, remittances represent a significant percentage of these macroeconomic. | Occasional Paper Series 36 Bank regulation capital and credit supply Measuring the impact of Prudential Standards William Francis Matthew Osborne UK Financial Services Authority FSA Financial Services Authority September 2009 Bank regulation capital and credit supply Measuring the impact of prudential standards FSA OCCASIONAL PAPERS IN FINANCIAL REGULATION Foreword We are committed to encouraging debate among academics practitioners and policy-makers in all aspects of financial regulation. To facilitate this we are publishing a series of Occasional Papers in financial regulation extending across economics and other disciplines. These papers cover topics such as the rationale for regulation the costs and benefits of various aspects of regulation and the structure and development of the financial services industry. Since their main purpose is to stimulate interest and debate we welcome the opportunity to publish controversial and challenging material including papers that may have been presented or published elsewhere. The main factor in accepting papers which will be independently refereed is that they should make substantial contributions to knowledge and understanding in the area of financial regulation. We encourage contributions from external authors as well as from within the FSA. In either case the papers will express the views of the author and not necessarily those of the FSA. If you want to contribute to this series please contact Maria-José Barbero or Peter Andrews at The Financial Services Authority 25 The North Colonnade Canary Wharf London E14 5HS Telephone 020 7066 5808 or 3104 Email or FSA Occasional Papers are available on our website . We welcome comments on these papers please address them to the contacts listed above. Bank regulation capital and credit supply Measuring the impact of prudential standards Biographical note Matthew Osborne is an economist in the Economics of .