Economic growth may be promoted by prudential regulatory policies that seek to mitigate financial risk, but the rules can leak, according to a paper co-authored by the deputy general manager of the Bank for International Settlements, Luiz Pereira da Silva.
Da Silva and a team of researchers use data from 64 countries over the period from 1990–2014 to analyse four effects prudential regulation has on economic growth. The four areas are: risk-taking and incentives to lend and borrow; size of the
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