Market Discipline

Unlocking Economic Efficiency: The Key to Optimal Resource Utilization
Discover the essence of economic efficiency, the principles behind it, and how different efficiencies come together to maximize societal welfare. Learn about productive and allocative efficiency, Pareto efficiency, and the impact of taxes and advertising on economic outcomes.
Understanding Basel II: Enhancing Global Banking Regulations for Stability
Explore the intricacies of Basel II, the international regulatory framework designed to strengthen banking regulations, with a focus on minimum capital requirements, regulatory supervision, and market discipline.