ICFR Member Login

Login to your ICFR account or register for an account

Register

ICFR Discussion Paper - The Impact of Basel III on the Real Economy

Abstract 

Studies of the impact of Basel III on GDP have shown strikingly differing results, with some private sector studies estimating costs up to eight times higher than exercises under the aegis of the Basel Committee, the Financial Stability Board or the IMF. This ICFR Discussion Paper analyses the assumptions in these studies, tracing the origin of some of the disagreements to sensitivity around four key sets of assumptions.  The Paper suggests that a note of caution is necessary regarding the interpretation of the results and argues that given the variability of outcomes, further studies should not be used to argue for delaying implementation of the agreement.
 

Discussion Paper  

 Click here to download the discussion paper  

Press Release 

 Click here to download the press release  
 

Contact Us 

For more information about the paper, please email [email protected]