The Design and Implementation of Deposit Insurance Systems [electronic resource] / David S. Hoelscher.
Material type: TextSeries: Occasional Papers, Occasional Paper ; No. 251Publication details: Washington, D.C. : International Monetary Fund, 2006Description: 1 online resource (88 p.)ISBN: 1589065034 :ISSN: 0251-6365Subject(s): Banking | Deposit Insurance Systems | Deposit Insurance | Insurance System | Insurance Systems | Bulgaria | Dominican Republic | Hong Kong Special Administrative Region of China | Macedonia, former Yugoslav Republic of | RomaniaAdditional physical formats: Print Version:: The Design and Implementation of Deposit Insurance SystemsOnline resources: IMF e-Library | IMF Book Store Abstract: 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.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.
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