Jump to ContentJump to Main Navigation
Banking Regulation and Globalization$
Users without a subscription are not able to see the full content.

Andreas Busch

Print publication date: 2008

Print ISBN-13: 9780199218813

Published to Oxford Scholarship Online: January 2009

DOI: 10.1093/acprof:oso/9780199218813.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 21 July 2019

Conclusion: National Institutions as Filters of Globalization

Conclusion: National Institutions as Filters of Globalization

(p.227) 8 Conclusion: National Institutions as Filters of Globalization
Banking Regulation and Globalization

Andreas Busch (Contributor Webpage)

Oxford University Press

This chapter evaluates the outcome of the study in terms of the competing hypotheses of policy convergence and diversity. It argues that a distinction between the dimensions of policy, politics, and polity helps to gain new insights: while there is substantial, if far from perfect, convergence in the policy dimension (the content of regulation), no such effects can be found in the other two dimensions (the processes and institutional aspects of banking regulation). The chapter further advances hypotheses to explain the lack of institutional convergence and concludes by arguing that state capacity varies considerably in the field of banking regulation. National institutional situations thus function as filters of globalization, complicating outcomes beyond sweeping assessments of convergence or divergence.

Keywords:   banking industry, banking regulation, convergence, diversity, institutional convergence

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .