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July 12, 2018

Progress in establishing international standards that promote trade, investment and prosperity is facing headwinds from the global rise of nationalism and populism, according to a new report from the C.D. Howe Institute. In “International Prudential Standards in a World of Growing Nationalism and Protectionism” authors Mark Zelmer and Jeremy Kronick argue that standard setters for financial services, such as the Basel Committee on Banking Supervision, should adapt to the evolving international cooperation cycle.

Jeremy Kronick

Jeremy M. Kronick is Associate Vice President and Director of the Centre on Financial and Monetary Policy at the C.D. Howe Institute.

Mark Zelmer

Mark Zelmer has more than 30 years experience dealing with financial sector policy and regulatory issues having worked for the Office of the Superintendent of Financial Institutions, Canada (OSFI); the Bank of Canada; and the International Monetary Fund (IMF).