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Essentially, this book is focused on the new Basel III framework and its impact on banks as well as the economy. The main questions are, firstly, how the initiation of Basel III actually influenced banks, secondly if the impact can be classified as beneficial or adverse for banks and the economy and lastly, how the aggregate impact can be assessed. Additionally, in light of all findings, positive as well as negative ones, Basel III was judged on its adequacy for stabilizing the general economy.

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Larissa Thurner was born 1995 in Wiener Neustadt, Austria. As a student she had to consistently write for classes, thereby found a passion for writing and thus is now trying her luck as an author. She completed her Bachelor in Business Consultancy International at the FH Wiener Neustadt with a specialization in Finance, Economics and Accounting.

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