The Design and Implementation of Deposit Insurance Systems

This paper describes recently established deposit insurance systems, identifying emerging trends. In line with previous IMF work on the subject, it argues against the development of "best practices" applicable to all systems. Rather, it stresses the importance of incorporating each country...

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Bibliographic Details
Main Author: Hoelscher, David
Other Authors: Klueh, Ulrich, Taylor, Michael
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2006
Series:Occasional Papers
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper describes recently established deposit insurance systems, identifying emerging trends. In line with previous IMF work on the subject, it argues against the development of "best practices" applicable to all systems. Rather, it stresses the importance of incorporating each country's individual objectives in adopting a deposit insurance system, as well as that country's characteristics, to ensure an effective system that minimizes disincentives and distortions to financial sector intermediation. The paper includes a summary of the academic literature
Physical Description:88 pages
ISBN:9781589065031