Basell3
Basel III: To what extent will it promote sustainable development?
Oshani Perera
June 2012
www.iisd.org
© 2012 The International Institute for Sustainable Development
© 2012 The International Institute for Sustainable Development
Published by the International Institute for Sustainable Development.
International Institute for Sustainable Development
The International Institute for Sustainable Development (IISD) contributes to sustainable development by advancing policy recommendations on international trade and investment, economic policy, climate change and energy, and management of natural and social capital, as well as the enabling role of communication technologies in these areas.
We report on international negotiations and disseminate knowledge gained through collaborative projects, resulting in more rigorous research, capacity building in developing countries, better networks spanning the North and the South, and better global connections among researchers, practitioners, citizens and policy-makers.
IISD’s vision is better living for all—sustainably; its mission is to champion innovation, enabling societies to live sustainably. IISD is registered as a charitable organization in Canada and has 501(c)(3) status in the United States.
IISD receives core operating support from the Government of Canada, provided through the Canadian International
Development Agency (CIDA), the International Development Research Centre (IDRC), and from the Province of
Manitoba. The Institute receives project funding from numerous governments inside and outside Canada, United
Nations agencies, foundations and the private sector.
Head Office
161 Portage Avenue East, 6th Floor, Winnipeg, Manitoba, Canada R3B 0Y4
Tel: +1 (204) 958-7700 | Fax: +1 (204) 958-7710 | Website: www.iisd.org
Basel III: To what extent will it promote sustainable development?
June 2012
Written by Oshani Perera
The author is grateful to the following individuals for their
Oshani Perera
June 2012
www.iisd.org
© 2012 The International Institute for Sustainable Development
© 2012 The International Institute for Sustainable Development
Published by the International Institute for Sustainable Development.
International Institute for Sustainable Development
The International Institute for Sustainable Development (IISD) contributes to sustainable development by advancing policy recommendations on international trade and investment, economic policy, climate change and energy, and management of natural and social capital, as well as the enabling role of communication technologies in these areas.
We report on international negotiations and disseminate knowledge gained through collaborative projects, resulting in more rigorous research, capacity building in developing countries, better networks spanning the North and the South, and better global connections among researchers, practitioners, citizens and policy-makers.
IISD’s vision is better living for all—sustainably; its mission is to champion innovation, enabling societies to live sustainably. IISD is registered as a charitable organization in Canada and has 501(c)(3) status in the United States.
IISD receives core operating support from the Government of Canada, provided through the Canadian International
Development Agency (CIDA), the International Development Research Centre (IDRC), and from the Province of
Manitoba. The Institute receives project funding from numerous governments inside and outside Canada, United
Nations agencies, foundations and the private sector.
Head Office
161 Portage Avenue East, 6th Floor, Winnipeg, Manitoba, Canada R3B 0Y4
Tel: +1 (204) 958-7700 | Fax: +1 (204) 958-7710 | Website: www.iisd.org
Basel III: To what extent will it promote sustainable development?
June 2012
Written by Oshani Perera
The author is grateful to the following individuals for their
References: Allen, B., Chan, K.K., Milne, A. & Thomas, S. (2011). Basel III: Is the cure worse than the disease? London: Case Business School, City University. Financial Stability Board .(2011, October 6). Understanding financial linkages: A common data template for globally systemically important banks Golf, S. (2011, September 8). SMEs will face threat from reform. Retrieved from: http:/ /www.ft.com/intl/cms/s/0/ Kurian, V. (2012, January 18). Basel, and how it has never worked. Retrieved from: http:/ /www.thehindubusinessline. Masters, B. (2011 a, July 19). FSB proposed capital surcharges for banks. Retrieved from: http:/ /www.ft.com/intl/cms/ Masters, B., Sander, H. & McCrum, D. (2011, September). Shadow banks move in amid regulatory push. Retrieved from: http:/