Effects Of Global Economic And Financial Reforms On Developing Economies: A Reassessment
This paper aims at creating the necessary awareness that could end some travails of developing economies. It highlights the major global economic and financial reforms as stipulated in the Basel III standards, but galvanized by Financial Stability Board (FSB) and the Basel Committee on Banking Supervision (BCBS), which G-20 instigated. The paper presents a brief history of what led to