Cover
title | : | The Bank for International Settlements : Evolution and Evaluation |
author | : | Baker, James Calvin. |
publisher | : | Greenwood Publishing Group |
isbn10 | asin | : | 1567205186 |
print isbn13 | : | 9781567205183 |
ebook isbn13 | : | 9780313006807 |
language | : | English |
subject | Bank for International Settlements, International finance, Banks and banking, Central. |
publication date | : | 2002 |
lcc | : | HG3881.B253 2002eb |
ddc | : | 332.1855 |
subject | : | Bank for International Settlements, International finance, Banks and banking, Central. |
Page i
The Bank for International Settlements
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The Bank for International Settlements
Evolution and Evaluation
JAMES C. BAKER
QUORUM BOOKS
Westport, Connecticut London
Page iv
Library of Congress Cataloging-in-Publication Data
Baker, James Calvin, 1935
The Bank for International Settlements : evolution and
evaluation / James C. Baker.
p. cm.
Includes bibliographical references and index.
ISBN 1567205186 (alk. paper)
1. Bank for International Settlements. 2. International
finance. 3. Banks and banking, Central. I. Title.
HG3881.B253 2002
332.1855dc21 2001049184
British Library Cataloguing in Publication Data is available.
Copyright 2002 by James C. Baker
All rights reserved. No portion of this book may be
reproduced, by any process or technique, without the
express written consent of the publisher.
Library of Congress Catalog Card Number: 2001049184
ISBN: 1-56720-518-6
First published in 2002
Quorum Books, 88 Post Road West, Westport, CT 06881
An imprint of Greenwood Publishing Group, Inc.
www.quorumbooks.com
Printed in the United States of America
The paper used in this book complies with the
Permanent Paper Standard issued by the National
Information Standards Organization (Z39.481984).
10 9 8 7 6 5 4 3 2 1
Page v
To Lee C. Nehrt
who introduced me to a world of international financial institutions
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Page vii
Contents
Illustrations | ix |
Preface | xi |
Acknowledgments | xiii |
Acronyms | xv |
Chapter 1 | Introduction to the Bank for International Settlements | |
Chapter 2 | Changes in BIS Organization, Administration, and Financing | |
Chapter 3 | BIS Committees and Research | |
Chapter 4 | The BIS and Bank Supervision | |
Chapter 5 | The Basle Accord on Capital Adequacy | |
Chapter 6 | The Bank for International Settlements and Derivatives | |
Chapter 7 | Payment and Settlement Systems and the Bank for International Settlements | |
Page viii
Chapter 8 | The Bank for International Settlements and Its Relations with Central Banks | |
Chapter 9 | The Bank for International Settlements and Other International Financial Institutions | |
Chapter 10 | The Bank for International Settlements and Insurance Supervisors | |
Chapter 11 | Research and Miscellaneous Activities | |
Chapter 12 | Nazi Gold, the Bank for International Settlements, and Central Banks | |
Chapter 13 | Evaluation and Conclusions | |
Appendix I | Balance Sheet: Bank for InternationalSettlements | |
Appendix II | Profit and Loss Account: Bank for International Settlements | |
Selected Bibliography | |
Index | |
Page ix
Illustrations
FIGURES
2.1 | Member Central Banks of the BIS | |
4.1 | Basle Concordat of 1975 | |
4.2 | Basle Concordat of 1983 | |
6.1 | BIS Development of Derivatives, Regulations, and Disclosures | |
10.1 | Issues of Insurance Regulation | |
10.2 | Exemptions from Insurance Company Regulatory Reporting Requirements | |
10.3 | Insurance Supervision Standards of the IAIS | |
12.1 | Asset-by-Asset Activities Organizing Seminar, Washington Conference on Holocaust-Era Assets | |
TABLES
12.1 | Gold Transactions of the Reichsbank | |
Page x
12.2 | Gold Transfers of the Reichsbank to the Swiss National Bank | |
12.3 | Gold Sales and Purchases of the Swiss National Bank | |
12.4 | Gold Transactions of the Reichsbank via the Swiss National Bank | |
12.5 | Gold Shipped to Swiss Commercial Banks by the German Reichsbank | |
Page xi
Preface
This monograph is a study of the Bank for International Settlements (BIS) and its evolution, administration, operations, and evaluation. The BIS is the oldest international financial institution, having been established in 1930. It survived the conclusion of its major initial objective, a global economic depression, a world war, and an everchanging international monetary and financial system in which major banks have failed, banks in general have been inadequately capitalized, financial derivative instruments have been misused, currency crises occurred in Asia, Europe, Mexico, and Russia, the U.S. dollar was devalued twice within two years, and charges of laundering gold for the Nazis in World War II have been made against the BIS.
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