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Asymmetric information provides a useful framework to explain the need for banking regulation as well as its unintended consequences. With a developing or less-developed country

Asymmetric information provides a useful framework to explain the need for banking regulation as well as its unintended consequences. With a developing or less-developed country in mind, highlight the advantages and disadvantages of Basel III. Based on your evaluation, recommend a solution(s) to deal with the potential weakness(es) in the regulatory landscape going forward

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